Quartet Medicine, a pain and inflammation treatment company, secured the funds from backers including Pfizer, Novartis and Partners Innovation Fund.

Existing investor Google Ventures also participated in the round, which increased the advertising marektplace developer's total funding to $21m.

Forendo, which is developing treatments for endometriosis and low testosterone, has closed its second round of funding.

Cellular immunotherapy company Unum Therapeutics has secured $12m in a series A round that included Sanofi-Genzyme BioVentures to further develop its cancer treatments.

Cloud-based software company Acumatica has raised $13.3m in a MYOB-backed series C round, bringing the total raised by the company to over $30m.

Bonn spin-out secures investment in its series A round.

Bitnet, a digital commerce platform which allows merchants to except digital currency Bitcoin, has raised $14.5m in a round featuring e-commerce giant Rakuten.

Metail, a platform which allows users to try on clothes virtually, has raised $12m in a series B round featuring garment maker TAL.

Financial technology company Technisys has raised $13m in a series B round that included Intel's corporate venturing unit, which it will use to expand its product into new markets.

Medical device company Portal Instruments has received $11m in a series A round featuring investment vehicle Sunrise, to develop needle-free drug delivery systems.