The university's most recent spin-out will develop 3D printing techniques to produce tissue-like synthetic materials.

GS Venture, a subsidiary of technology developer GS Group, has made a seed investment in Tellyo.

The biochemical producer has partnered with renewable products maker Amyris since 2011.

Medical record-keeping app creator Drchrono has now secured approximately $6.8m, as cloud computing company Box joins its investors.

Savioke, which is developing robotics technology for the service industry, is reportedly Google's eighth robotics investment in the past 12 months.

Polaris has invested $1m for a 33.5% stake in the e-commerce company, which plans to expand from its home country of Indonesia.

Spero, which is developing treatments for bacterial infections, has also set to secure funding through a partnership with Roche.

Comcast is among the investors in Closely's $3m series A, which brings its total equity funding to $6.6m.

US-based app and website software developer July Systems, which numbers Intel among its backers, has now raised $42m.