Cambridge open source hardware spinout LowRisc has been backed by Alphabet's Google, which has sent two representatives to its board of directors.

Sheffield cell therapy spinout Rinri secured corporate backing from Boehringer Ingelheim and UCB in a seed round that will drive work on stem cell-based treatments for hearing loss.

The JD.com-backed IT equipment leaser has received a nine-figure renminbi sum, adding to the pre-series B financing it raised in March.

The digital insurance software provider Snapsheet has closed a $29m series E featuring Nationwide, Sedgwick, State Automobile Mutual Insurance Liberty Mutual, Fidelity and USAA.

Lenovo Capital and Incubator Group returned to back Semidrive in a nine-figure renminbi round, after previously investing in the automotive-focused chipmaker last year.

CIC has returned to supply AI forecasting platform Prowler.io with series B capital and help take the company's overall funding to $39m.

ETH Zurich spinout GetYourGuide secured $484m in a round led by SoftBank Vision Fund that took its total funding past $650m.

EquiTrust-backed clothing e-commerce company Luxury Closet has collected $11m, taking its overall funding to nearly $30m.

Pearson, Tencent and Mandatum Life helped supply the AI forecasting platform developer with series B capital that took its total funding to $39m.

Telecoms firm InTouch Holdings has reserved approximately $6m to invest in seven startups this year, four of which are already at the due diligence stage.