University of Tokyo’s micro-satellite technology spinout’s $23.6m round featured exiting shareholder 31Ventures and various new investors.

Desktop Metal has paid an undisclosed amount to buy UT Dallas spinout Adaptive3D.

DG Daiwa Ventures has led a $6.4m round for the construction equipment rental platform, featuring returning investor GMO VenturePartners and new backers including Saison Ventures.

Kyocera, Mitsui Fudosan and Japan Post hepled satellite technology developer Axelspace complete its series C round while PayPal is buying portfolio company Happy Returns.

Short-term accommodation provider Cohabs secured more than $70m in a round led by AG Real Estate, while Stampli, Impress and Tarana Wireless each raised $50m.

Alexandria Venture Investments has returned to take part in the seed technology developer’s series D round at a $1.2bn valuation, helping to take its total funding to $352m.

Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.

Atlantic Bridge has launched the University Bridge Fund II, with University College Cork joining existing partners Trinity College Dublin and University College Dublin.

Q&A with Erning Cao, investment director, Evonik Venture Capital

MIT spinout Ginkgo Bioworks will go public through a reverse merger with Soaring Eagle Acquisition Corp to list on the Nasdaq Capital Market.