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.

SoftBank’s robotics portfolio company Berkshire Grey has lined up a reverse merger with Revolution Acceleration Acquisition Corp and will be valued at $2.7bn.

Having abandoned plans for an IPO three years ago, ReNew Power has now settled on a reverse merger and will secure proceeds worth $1.2bn.

The Intel Capital, JetBlue Technology Ventures, Toyota AI Ventures and Uber-backed flying car developer is set to list on the NYSE.

Fund management software developer Hentsu has been bought by Portfolio BI, also a portfolio company of Credit Suisse Next Investors.

The business software producer is set to float in a $172m offering on TSE that will enable Data Applications, Itochu, Pksha, Sansan, Suzuyo, SystemExe, Teikoku DataBank and Toshiba Digital Solutions to exit.

The Intel, Qualcomm and Cypress Semiconductor-backed battery technology developer will be listed on the Nasdaq Capital Market.

UCLouvain spinout Xylowatt has declared bankruptcy after failing to build a market for its technology to convert biomass into energy.