Spun out from Xerox subsidiary Parc last month, Metawave has now raised $7m in a seed round backed by several venture capital firms.

Sistema Asia Fund has joined existing shareholders for an initial $10.5m tranche, which is set to be followed by a final close of $50m to $80m within six months.

Entasis, which previously raised $50m in a Novo and AstraZeneca-backed series B last year, has added $31.9m in series B-1 round.

Teleflex is set to acquire Johnson & Johnson-backed NeoTract for a total of $1.1bn, with $725m to be paid upfront and the remainder dependent on certain milestones.

Cambridge Innovation Capital has led a series A round for Prowler.io, which uses artificial intelligence to predict complex interactions in dynamic systems.

Youku Tudou-backed artificial intelligence technology producer Yi+ has received series B capital to further develop its machine vision platform.

The co-working space provider has boosted its total equity by $15m, after being spun out from 36Kr in January last year.