The protein degradation drug developer's valuation has rocketed following an offering that achieved exits for Vertex Pharmaceuticals, Pfizer, Sanofi, Amgen and Merck & Co.

Scienion has agreed to a cash and share acquisition by Cellink two decades after emerging from Max Planck Institute for Molecular Genetics.

US-based business finance provider Kabbage, which has a host of corporates as backers, will be acquired by payment processing firm American Express.

Alphabet, Salesforce and Twilio have exited the peer-to-peer messaging platform, which has been purchased by another of its investors, Social Capital.

Alphabet-backed short-term accommodation portal Airbnb has confidentially filed to go public, having raised money at a $26bn valuation in April.

Eli Lilly and WuXi Biologics-backed biologics developer Inhibrx floated at the midpoint of its range having previously raised $135m in debt and equity financing.

Memorial University spinout InspectAR helps design printed circuit boards and will expand its software following a purchase by Cadence Design Systems.

Royal Circuit Solutions and Advanced Assembly have exited PCB design technology provider InspectAR, which has been bought by Cadence Design Systems.

The Robert Bosch and Christie Digital-backed digital whiteboard developer has been bought by Lifesize after raising more than $63m in 14 years.

Mobile game developer Playdots is being acquired six years after its only funding round, a $10m series A that included Tencent.