Columbia's drug and materials development software provider Schrödinger has capped a successful initial public offering at more than $232m.

Drug and materials development software provider Schrödinger has capped a successful initial public offering at more than $232m.

Salesforce-backed sales motivation software developer LevelEleven is merging with fellow Ascent Group portfolio company Geopointe.

Affordable e-commerce platform Brandless is closing its doors, having been valued at $500m in a round backed by SoftBank Vision Fund and GV.

Keppel has exited data centre operator Etix Everywhere, which has been acquired as part of Vantage Data Centers' $2bn European expansion.

Wipro Ventures was given an exit from email security software developer Emailage, which was acquired by LexisNexis Risk Solutions. The sizeable exit is part of the wider cybersecurity space, which has received much attention by corporates over the past decade.

The GV and Wuxi AppTec-backed drug development software producer floated above its range and saw its shares rise 68% on their first day of trading.

Genomic medicine developer Beam will raise $180m in a upsized initial public offering three years after being spun out of Harvard University.

Alphabet, Editas and Bio Palette-backed genomic medicine developer Beam will raise $180m in an upsized initial public offering three years after being spun out of Harvard University.

The Target-backed mattress and bedding brand is floating at the bottom of its range, at a valuation of less than half that of its last funding round.