The size of the deal for portfolio company NxThera could reach $406m in size, with Mitsui exiting the medical device maker through the acquisition.

Alibaba spinoff Koubei has joined forced with the corporate's newly acquired Ele.me, with more than $3bn from Alibaba and SoftBank.

Alibaba's investment in Trendyol has been revealed to be a majority stake acquisition that valued the e-commerce marketplace at $750m.

SoftBank and eBay are among the exiting investors in the e-commerce marketplace, while Tencent and Microsoft will retain stakes.

Miele Venture Capital supplied an undisclosed amount of funding for KptnCook, developer of a blended recipe and grocery shopping app.

Financial services firm City National Bank has bought EP-backed royalties payment platform Exactuals having led its series B round last year.

Roche and AstraZeneca-backed endocrine disease therapy developer Millendo will merge with publicly-listed OvaScience, raising a further $30m in the process.

Boston Scientific, which paid $25m for a 25% stake in the venous stent developer two years ago, has agreed to buy the company in full.

Best Buy, Panasonic, Intel, Polycom and Onkyo are all set to exit chipmaker Avnera, which had raised almost $77m in funding.