PMV Pharmaceuticals – built on foundational work at Princeton – will use some of the proceeds to complete phase 1 trials of its lead asset.

Illumina's cancer diagnostics spinoff, which has raised more than $1.9bn in funding, has filed to float on the Nasdaq Global Select Market.

Wabco and Michelin North America are set to exit video telematics system developer SmartDrive, which has agreed to be purchased after raising at least $265m.

KAR Auction Services has agreed to pay $425m to buy the online used vehicle marketplace, which had raised about $50m from investors including Renren.

Progress intends to buy software development technology producer Chef for $220m in cash, following $105m in funding from backers including HPE and Citi.

The agreed merger between corporate-backed digital advertisers Outbrain and Taboola has failed nearly a year after plans for a $850m deal were announced.

The SIG-backed, MENA-focused chatroom app developer has filed to raise up to $100m in an offering on the New York Stock Exchange.

Telefónica-owned ElevenPaths has bought cybersecurity training service iHackLabs, which received funding from Telefónica's Wayra unit in 2018.

Grifols has acquired its existing portfolio company Alkahest, five years after buying a 45% stake in the Stanford University spinout.

Grifols agreed the deal five years after supplying $50m in equity and development financing for the neurodegenerative disease therapy developer.