The small-scale satellite builder has completed a series B round featuring existing investor Lockheed Martin Ventures.

Frontier IP will take a 31.8% shareholding in NTPE, an electronics printing technology spinout from Universidade Nova de Lisboa.

MIT spinout Formlabs has achieved unicorn status after obtaining $15m from New Enterprise Associates.

The 3D printer developer, spun out of MIT Media Lab, increased its overall funding to $85m in a series C round that will support growth in Asia.

The Up Optotech-backed diode laser technology developer raised the cash from investors including SDIC and Suzhou Chengxin Venture Capital.

Chinese Academy of Sciences has taken part in a series B round for Suzhou Everbright Photonics, which manufactures high power lasers.

The diversified conglomerate intends to invest between $50m in areas such as energy, infrastructure, materials and environmental services each year.

UC Berkeley advanced materials spinout Nelumbo recently raised $5.5m in series A funding and will now partner Danfoss to develop a heat exchanger based on its materials.

Weru Investment co-led the space debris-tracking technology startup's latest round with Airbus Ventures.