The round was led by Mobility Ventures and KoppiCatch.

The cleantech-focused Emerald Cleantech Fund III added three more corporate LPs in Suncor, Ecolab and SK as it approaches $100m.

The India-based drug developer will seek businesses specialising in generic products as it looks to expand its reach in Europe.

The company plans to float in July.

Convergence Pharmaceuticals, spun out of GlaxoSmithKline, which still holds an 18% stake, is considering both London and New York for its initial public offering.

The Chinese company has invested $34m in Cardio3 in addition to forming a joint venture to commercialise a heart failure indicator.

The importance of collaboration and delivering excellence in practice was a highlighted theme for discussion at this year's PraxisUnico conference and awards ceremony.