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

Western Michigan University-linked investment firm Sleeping Giant Capital has raised $21m for the first close of its fund which has a $50m target.

Marc Sedam has been appointed vice-president for technology opportunity ventures at NYU Langone Health.

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

Electric vertical aircraft developer Beta Technologies has attracted investors including Amazon, which invested through its Climate Pledge Fund.

SoftBank has led a $260m series C round for the warranty policies provider, which also featured PayPal and Nationwide.

Eat Just has established a new cultured meat subsidiary Good Meat with $170m in funding supplied by UBS O’Connor, Graphene Ventures, K3 Ventures and others.

Unnamed corporate investors from the healthcare and life science sectors have helped 7wireVentures close its latest healthcare-focused fund.

Intel Capital returned for a $100m series C round raised by online food retailer Goldbelly, having previously taken part in a $20m series B two and a half years ago.

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