Bima's existing investors, including Millicom and Digicel, backed the insurance platform's $38.4m series C round, taking its overall funding to more than $67m.

Testin raised $54.9m in a round that included IDG Capital Partners, an investor in the app and game testing company since its 2011 series A round.

Eletranova Capital, which is backed by EDF and Allianz, is among the investors in a series C round for the water treatment technology developer that so far stands at $9.1m.

Ride sharing service Ola has participated in the mobile payments processing service's series C round, which was led by hedge fund Falcon Edge.

The LED lighting-based sensor maker secured the series C capital from Cisco, Acuity Brands, General Electric and Simon Property Group.

The data centre operator previously raised funding from Intel's corporate venturing unit in February 2014.

All three of the biotechnology company's corporate backers, Johnson & Johnson, Eli Lilly and Pharmstandard, returned for its latest round, and it has now raised $67m in total.

The Google-backed lending platform has now raised more than $42m since it was founded in 2012, and has issued $128m in loans.