A range of undisclosed private investors and high net-worth individuals took part in the round.

Stanford University is supporting the startup through its endowment fund.

Heart monitor developer Cardiac Insight has raised $7m in a series B round featuring Welch Allyn, a medical device maker with which it has signed a distribution deal.

Led by Acadia Woods, the series A will allow the company to further develop its product.

Technology manufacturing giant Foxconn invests in the Stanford spin-out.

The round is led by Imperial Innovations.

Life sciences spin-out Cartegnia attracts funding from its parent university Leuven.