Europe

TU Dresden spinout DenovoMatrix hopes to commercialise a method for effectively cultivating stem cell production.

Newly-launched Bern University of Applied Sciences spinout Threatray believes its automated malware detection design will improve upon existing approaches.

Bristol quantum computer security spinout Kets Quantum Security has won investment from Kx Systems after joining the corporate-backed Teac communications accelerator last year.

University College London hopes to generate as much as $126m for its second Technology Fund, with British Business Bank thought to be among potential limited partners.

A total of 28 participants will receive up to $12,650 of capital to support business proposals in spaces including healthcare, fintech, fashion and retail.

IP Group has poured more funding into Istesso, whose treatment for rheumatoid arthritis traces its roots to an Aberdeen spinout, to drive immuno-metabolism therapies for autoimmune diseases.

10X Genomics has purchased genomic analysis platform Spatial Transcriptomics, based on research at Karolinska Institute and KTH Royal Institute of Technology.

Chalmers Ventures has again supplied smart lock supplier Parakey with funding after investing alongside IoT and wireless tech firm Qamcom in 2016.