Losses at the commercialisation firm fell to $105m from $375m as its cash returns exceeded funding commitments for the first time in 13 years.

Recruit was among the participants as the hospitality software producer raised funding that will go to technology development.

Mental health services provider Lyra Health, whose earlier investors include Providence Health and Services and Castlight Health, has amassed $75m in its latest round.

Online rewards platform developer ShopBack added $30m on to a Rakuten-backed round that will support the strengthening of its technology.

Existing investor Sinopharm Capital came back for a $57.7m round that will support the progression of the small-molecule drug developer's pipeline.

Blue Cloud Ventures and Stereo Capital co-led a series D round for the Sonae-backed cybersecurity services provider, pushing its total funding past the $150m mark.

Blackstone is paying an undisclosed amount for a majority share in the health plan management software provider, which raised $34m from Medica in 2017.

VC fund 01 Advisors chipped in $14.5m to extend the corporate-backed IT management software provider's latest round to $39.5m.

Expense management software provider Fenbeitong has closed a series B-plus round co-led by Fidelity's Eight Roads firm, pushing its total funding to more than $58m.

ViacomCBS and Burda Principal Investments took part in a series A round for the political media startup that was led by Union Square Ventures.