MIT spinout Commonwealth Fusion Systems has raised the largest funding round yet for a nuclear fusion developer with investors including The Engine.

Merck & Co and SR One were among the investors in a series C round for the small molecule drug developer led by Pivotal BioVenture Partners.

Haptic glove developer HaptX hiked a NetEase and Verizon-backed series A round to $28m while several corporates contributed to home care network Welmo's $18.1m series C round.

Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.

Intact Ventures, helped the UL-backed cybersecurity and insurance provider raise series C capital as it eyes international expansion.

Intel Capital, Telstra Ventures and existing investor GV all backed the multi-cloud management software provider in a round led by Altimeter Capital.

Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.

Fosun RZ Capital returned to reinvest in e-commerce software provider Desty through a $5m series A round while inventory management software developer Smart Shopping boosted its total funding to $14m.

Rex Health Ventures and Micron Ventures were among the participants in a round the data optimisation software provider closed in September and confirmed this week.

ITIC and Solvay Ventures both took part in a round for the lithium-ion battery developer led by Fidelity affiliate Fine Structure Ventures.