The cash is being provided in the form of equity and an access fee as the two companies form a partnership agreement to improve drug delivery systems.

Venture capital firm Advance Vixeid Partners, which counts the media company as its largest investor, has already led native advertising company Nativo's $20m series B round.

IDG Capital Partners has contributed to series A funding for OlymTech, which provides IT services to the logistics industry.

Comcast has joined existing investors including IDG spin-out Flybridge to provide series B funding for the data analytics company, which has now raised $49m in total.

Big data analytics technology provider Guavus has secured $30m to close a $50.9m series E round featuring Intel Capital and SingTel Innov8.

Automatic Labs has raised $24m in series B funding from backers including Comcast, CDK Global, with which it formed a strategic partnership, and USAA.

Online video technology company Qwilt took its overall funding to $65m, securing $25m from a Cisco Investments-backed series D round.

Mobile shopping app Curbside, which is also backed by O'Reilly Media, has now raised almost $35m altogether and will use the funding to expand its service.

The radio ad buying technology company has now raised more than $37m altogether, after closing a round featuring Intel, Universal Music and iHeartMedia.

The data analysis and discovery tools provider raised the series B capital from a consortium including American Express, Comcast and The New York Times.