IP Group has set up a joint venture with China Everbright that will invest in Chinese subsidiaries of the commercialisation firm’s portfolio through a $235m-target fund.

VTB has led the Prof-Media-backed video streaming service’s series D round, which reportedly brought its overall financing to $438m.

Asahi Kasei, GlaxoSmithKline and Johnson & Johnson helped the respiratory disease drug developer boost its overall funding to $150m.

IP Group has participated in a $92m series C round for Pulmocide, a developer of treatments for respiratory diseases that was spun out of Imperial College London.

Affirm spinoff Resolve raised $60m from investors including its parent company, while sales and marketing software provider Qualified secured $51m in a Salesforce-backed round.

PreSeed Ventures-backed Pento has secured $15.6m in a series A round led by General Catalyst, bringing its total financing to $19.1m.

Uniqa is set to exit the mobile payment and lending app operator in an acquisition by Zip, which has agreed to pay $68.8m for the remaining shares after it had co-led the latter’s January 2021 round.

Lund spinout Glō has agreed to an acquisition by Nanosys, which will now look to strengthen its market share in TV sets and enter more markets such as AR.

Agder Energi and Google are in line for exits as Nanosys agrees to purchase Lund University spinout Glō.

Guardian Media Group Ventures has returned for the AI-driven data analytics platform, having first invested in late 2019.