Alibaba's financial services affiliate has reportedly already raised $3bn from investors including Temasek and is targeting an $8bn to $9bn close.

Microsoft Ventures took part in a round that increased the customer services platform's overall funding to $32m altogether.

Partially based on research at Duke University, Camras Vision is working on a treatment for refractory glaucoma.

The commercialisation firm has invested $3.5m in Orbital Sidekick and another $4m in TableUp.

Johnson & Johnson has bought UW spinout C-Sats, which has created a platform to evaluate surgeons and helps them boost their skills.

UC's Office of the Chief Investment Officer has backed a new immuno-oncology startup that has licensed 17 assets from Pfizer.

Pfizer, which is providing 17 licensed drug assets to the immuno-oncology startup, will own a 25% stake once the series A round formally closes.

Game producer Youzu Interactive led a round that took the credit risk assessment platform's overall funding to more than $50m.

Returning investor CNP Assurances contributed to a $28.4m round led by Index Ventures that increased the health insurance startup's total funding to $45m.