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.

Based on research at University of Washington and Lawrence Livermore National Laboratory, Zap Energy is working on a nuclear fusion reactor.

Sparx has returned to lead the OUVC-backed cell-based therapeutic technology developer’s series B round, which brought its overall funding to almost $45m.

Checkout.com-backed Thunes has added $60m to its coffers, while Desktop Metal purchased Adaptive3D less than a year after Arkema invested.

Capital One Ventures and Citi Ventures have featured in the series B round for the cloud-native authorisation software developer.

Nexa3D has confirmed $55m in funding across several rounds, while BukuKas has added $50m to its coffers and both Label Insights and Mya Systems have been acquired.

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

The children's educational product developer secured $93m in a round co-led by Legend Capital, which had also co-led its December series A.

Dell Technologies Capital returned for a series B round in which the machine learning technology developer hiked its overall funding to $120m.

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.