IDG, the corporate venturing unit of US-based publisher International Data Group, and undisclosed investors made up the rest of the C round consortium.

The bank backed Business Growth Fund, established to help fast growing small and medium sized UK businesses, invests in two companies, SkyDox and Shuropody.

Biofirm Aerpio Therapeutics secures a $27m series A round, led by Novartis, an existing backer of parent company Akebia.

Statoil unveils plans to invest NOK 150m ($25.8m) in early-stage tech firms.

Online flash sales retailer FClub has raised a $30m series B round, which was led by IGC with participation from IDG and other investors.

SumUp, a European rival to mobile payment company Square, raises a $20m series A round backed by Germany-based retailer Tengelmann's corporate venturing unit, b-to-v Ventures and others.

Lumos Labs said it had raised more than $70m since its foundation in 2006 by neuroscientists from Stanford University.

The investment follows AbsolutData hiring in March Sundar Ramaswamy, Abishek Sawhny and Rahul Monie as head of operations, finance and technology, respectively, in its Indian office.

Venture capital firm Trident Capital led the D round, and was joined by peers Shasta Ventures and Southern Cross Ventures as well as Intel Capital and Symantec.