New and returning investors have helped the DTU-backed project management software producer close its new round, lifting its total funding in excess of $28m.

The battery optimisation software spinout of TUM has received the new funding after a UVC Partners-backed series A round closed approximately a year ago.

SoftBank has led the series E round, doubling MIT Media Labs spinout Formlabs’ valuation to $2bn in the process.

Next47, CreditEase, SBI Group and Morgan Stanley are all among the backers of Pipe’s latest round, which was oversubscribed by $100m and valued the business at $2bn.

SoftBank has led the series E round through its Vision Fund 2, doubling Formlabs’ valuation to $2bn in the process.

Asapp has doubled its valuation to $1.6bn in the space of a year, thanks to a $120m series C round backed by returning investor Telstra Ventures.

Novo Holdings has invested in the immuno-oncology drug developer which already counts 3SBio Group and Eisai as existing backers.

Lilly Asia Ventures has led a $90m series B round for Duality Biologics, which revealed it has now secured $120m altogether from backers also including WuXi Biologics.

LinkedIn has made a strategic investment in the developer of software tools for the media industry.

The Mouro Capital-backed business lender has secured a mix of debt and equity investment in a round led by Lakestar.