The round was co-led by China Life Insurance and SDIC Fund Management and valued the medical device developer at more than $5bn post-money.

Genetics services company 23andMe, previously backed by Alphabet, Illumina, WuXi PharmaTech and Johnson and Johnson, secured a large $250m round.

Existing investor Syngenta Ventures was among the participants as the agricultural bioprocessing platform developer raised capital that will support commercialisation.

Online behavioural therapy platform Ieso Digital Health has raised $20m of a $24m round co-led by Touchstone Innovations and Draper Esprit.

The blood flow monitoring device developer has secured $11.8m in a round featuring existing investors Robert Bosch and Fletcher Spaght.

Mednoxa, a manufacturer of oxygenation-based wound and ulcer dressing spun out from Purdue University, has secured $30,000 in seed funding from Health Wildcatters.

The Northern Accelerator partnership of Durham University and Newcastle University has helped set up Atelerix, a human cell storage developer.

Washington University in St Louis spun out eight companies during the past financial year and marked a 16% increase in novel invention disclosures.

The Swisscom-backed genomic testing platform has now raised more than $60m, having closed a series D round led by Balderton Capital.