The fund will invest in agritech companies connected to Brightlands, an ecosystem backed by Maastricht University, Zuyd University of Applied Sciences and Fontys University of Applied Sciences.

Wren Therapeutics is commercialising Cambridge and Lund research into therapies for protein misfolding diseases, which include Alzheimer’s and motor neurone disease.

The water dispenser provider has received $15m in funding from Bluewater, which manufactures water purification products.