Online pharmacy Netmeds has raised $14m in a round featuring Sistema Asia Fund that follows $50m in financing secured two years ago.

The oncology diagnostics startup has approached SoftBank and Mubadala for funding, eight months after raising $900m.

Spinouts developing products ranging from troubleshooting for quantum computers to energy efficient wifi devices will be supported by the innovation fund.

Cardiac valve replacement developer HighLife Medical has raised $14.3m from investors including medical device maker and existing backer LivaNova.

Bioscaffold product maker Tela Bio will receive an initial $15m from Pacira Pharmaceuticals and up to $10m in additional funding.

The ophthalmology-focused precision medicine developer has licensed research from several universities, including Edinburgh.

UK-based drug research spinout Aquila Biomedical has been purchased by Concept Life Sciences, which hopes to enhance its own service offering to multiple scientific industries.

Lilly Ventures and Amgen Ventures have co-led protein degradation-based biotech startup Kymera's series A round with Atlas Venture.