UVA’s seed fund and corporate venturing unit PharmStandard Ventures featured in topical dry eye syndrome peptide spinout TearSolutions' financing round, taking its total to $21.5m.

The deal will double the Orange and Stripe-backed digital bank’s valuation to $2.6bn, making it the second most valuable fintech developer in the UK.

The Alphabet and Rakuten-backed lending platform increased its total funding to more than $160m in a round featuring Progressive Investment Company.

The e-commerce loyalty platform has now raised approximately $85m in total, after Rakuten Capital co-led a round that will fund technology development.

Intel Capital led a series B round that took Tibit's total funding to almost $34m and which will fund the commercial deployment of its pluggable ethernet device.

Proceeds from the series round, which was co-led by Intel Capital and National Grid Partners, will fund the development of Pixeom's edge computing software platform.

AP Moller – Maersk took part in an $11.2m round that will accelerate the international expansion of the food logistics marketplace.

The cannabis-focused vaping product maker has increased its overall funding to approximately $14.7m with a $10.4m round backed by Newstrike Brands.

NovaUCD-based patient lingerie manufacturer Theya Healthcare has been backed by investors including Enterprise Ireland as it prepares for expansion in the US.

Varian Medical Systems led University of Michigan's robotic-assisted ultrasound device spinout's series C round, which also included Johnson & Johnson Innovation - JJDC.