Cigna, Guardian Life Insurance, Hikma and Merck are part of a consortium that has provided $20.5m in series C funding to healthcare-focused AI software developer Prognos.

Fujitsu has led a series B round for the quantum software developer, investing alongside Accenture, Allianz, CME and Royal Bank of Scotland.

Legend Capital has led a $37.5m funding round for Alo7 and was joined by existing investors Qualcomm and New Oriental.

Phoenix New Media has invested $57.6m in primary and secondary share purchases to hike its stake in the personalised news app to almost 47%.

WeWork led the female networking organisation's series B round, closed in advance of the opening of two more of its branches.

Keppel Data Centres provided $10m of the funding, investing alongside Ireland Strategic Investment Fund and Emerson Elemental.

Bloomberg Beta has reinvested in log management software developer Scalyr, having previously backed its 2015 seed round.

Ascension Ventures led the precision medicine technology provider's series C round, which included Social Capital Partnership and Safeguard Scientifics.

Beijing Zmeng Network Technology has secured $27.1m in series B+ funding from investors including the Fosun-affiliated Kinzon Capital.