The mobile analytics provider has secured reinvestment from IDG Capital Partners and used part of the funding to acquire startup Distimo.

The corporate-backed fund has profitably divested stakes in transmission electron microscopy company Kontem and LED lighting product maker LEDexchange.

Concurrently, the probe's lead developer is promoted to chief technology officer.

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.