Universities-backed online education provider Coursera is reportedly valued at $800m after closing a series D round that will support its new enterprise-focused product.

The Bath University spinout will use the series D proceeds to fund clinical trials of a test for chlamydia and gonorrhoea while expanding its partner's manufacturing capacity.

Based on research conducted at MIT Media Lab, Oblong Industries is developing spatial, gesture-enabled technologies and has now added Utimco to its shareholders.

Solar wafer producer 1366 Technologies has received $10m from Hanwha Investment Corporation to support construction of its first commercial factory.

Nexeon, the Imperial College London spinout that develops rechargeable lithium ion batteries, has now secured in excess of $120m.

The diagnostics platform developer, spun out of Tufts University, secures additional capital from a consortium featuring the institution.

Mark Sherman, managing director of Telstra Ventures, said: "We are looking forward to working with Instart Logic to apply their technology in our business."