Building works analytics software developer Reconstruct spun out of University of Illinois at Urbana-Champaign in 2016 and has now raised $10.1m of capital altogether.

Seattle Children’s EHR management software publisher MDMetrix has now raised $4m in all following a seed round backed by the investment arm of Washington Research Foundation.

The short-form streaming platform is looking to add to $1bn already raised from investors including Disney, Warner Bros, Entertainment One, Alibaba and Sony Pictures Entertainment.

DP World has returned to lead a $172m funding round for the advanced transport technology developer, having previously co-led a $50m round in 2017.

The neighbourhood-based social media platform has now raised $400m altogether, its existing backers including GV, Comcast Ventures and Axel Springer.

The Comcast-backed premium luggage brand is valued at $1.4bn, having secured funding in a round led by Wellington Management.

Phathom Pharmaceuticals has been launched with $140m in debt and equity financing to commercialise a gastrointestinal disease drug licensed from Takeda.

Samsung and UDC Ventures joined investors including Continental, Sony, Mitsubishi Chemical and Niantic in optics technology provider DigiLens' series C round.

Gregor Kevrekian, previously senior director of CVS Health’s corporate development and venture investing business, has ascended to executive director.

Cargill Protein, Strauss Group and M-Industry all contributed to a series A round for cell-based meat developer Aleph that will support product development.