The communications technology company's corporate venturing unit achieved big exits from UCWeb, Fyber and Network18 during 2014, also launching a $100m car technology fund.

The round consisted of a $3m debt portion and a $4m equity portion backed by existing investors Intel and Semtech.

Qiagen has joined the investors in diagnostic testing company Protagen, the month after the two signed a collaboration agreement.

Novartis has taken a 12.8% stake in pharmaceutical company BiolineRx as part of a partnership agreement.

University of East Anglia spin-out Spectral Edge offers up image enhancement technology for colour blindness.

Government body Innovate UK provides funding to Oxehealth for secure room monitoring.

The unit committed 36% of its funding in 2014 to health and life sciences, while the mobile and enterprise sectors also benefited from a retreat from consumer investments.