Held in St Petersburg, the event marked the eighth edition of the annual From Science to Business forum.

Eli Lilly has invested in a $79.5m life sciences and health technology fund raised by venture capital firm Epidarex, which plans to target UK companies.

The cloud services company will use the investment to enhance its product offering, which is directed towards the UK's central government.

The e-commerce company provided the funding to Dream Industries to help the startup develop digital content platforms.

Gorkana contributed to the round as a returning investor, boosting the social media listening firm's overall funding to more than $30m.

The Unilever Foundry will work as a forum for marketing-based early stage companies that could be funded by Unilever Ventures.

The University College London (UCL) spin-out heads consortium to develop new antibody medicine.

E-commerce company Ozon has invested an undisclosed amount in e-book retailer LitRes, which previously secured funding from RITF.

The Novo subsidiary has invested in a $22.5m round for the biotechnology company that also featured Sofinnova Partners and InnoBio.