Aviva, Flex, SAIC Motors, General Motors and Delta Electronics are all in line to exit the automotive sensor developer through the transaction.

Eneco is set to exit virtual power plant operator Next Kraftwerke in an acquisition of undisclosed size by Shell.

MedMen Enterprises-backed cannabis brand Lowell Herb is being bought for $4.1m in cash and approximately $39m in stock.

BBVA, NTT Docomo, USAA and New York Stock Exchange will have the option to sell shares in the digital currency trading platform at a possible $100bn valuation.

DSI Underground has acquired Edvirt, a virtual reality-based training services provider backed by Chalmers Ventures.

University of Cologne’s virtual power plant operator Next Kraftwerke has agreed to an acquisition of undisclosed size by Shell.

Sinar Mas has exited the supply chain platform developer in a purchase by Warung Pintar that follows approximately $12m in funding.

Sinclair Broadcast Group had owned a 27% stake in the programmatic advertising software developer pre-acquisition.

University of Alberta spinout Tevosol has been picked up by Bridge to Life but will maintain its base in Edmonton.

Microsoft, Porsche and Siemens have all scored another win as Markforged pursues a reverse merger that will net it $425m in gross proceeds.