Ziylo, a spinout from University of Bristol that is working on a diabetes treatment, has been acquired by Novo Nordisk for a total that could exceed $800m.

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 Stanford StartX-backed royalties payment platform Exactuals having led its series B round last year.

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

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.

Glaucoma therapy spinout Quethera will become a unit of drug manufacturer Astellas Pharma, providing exits to investors Cambridge Enterprise, UCEF III and UK2IS.

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

WPP and UTA are exiting digital media company Uproxx Media, which had raised some $42m in funding, in an acquisition by Warner Music Group.