Galecto, based on research at Lund and Edinburgh universities, is merging with PharmAkea, with the joint entity retaining the Galecto name and leadership team.

Galecto, whose investors include Novo, Merck Group and Bristol-Myers Squibb, is merging with Celgene-backed PharmAkea, with the joint entity retaining the Galecto name and leadership team.

Altair has picked up computational electromagnetics software developer NewFasant, based on the research of University of Alcalá associate professor Lorena Lozano Plata.

The Alibaba and Foxconn-backed image-recognition and artificial intelligence technology provider is expected to raise about $500m in the offering.

Insight Partners is acquiring the IoT security software provider through a transaction that will include $100m from Alphabet subsidiary CapitalG.

Info Edge has received $7m from Aakash Educational Services for its stake in the study materials provider, in which it had invested upwards of $21m.

Football helmet producer Vicis, a University of Washington spinout, has succumbed to cash pressures despite previously raising $85m in funding.

GV-backed One Medical owner 1Life has filed to go public, setting a placeholder target of $100m, having raised $400m in equity financing.

Mitsui and Gannett are among the investors exiting television audience analytics provider 4Info in an acquisition by Cadent.

Shougang, ByteDance, InTime, Taiping, Ping An and Leo Group are in line for exits as the electric vehicle provider aims for $500m in its initial public offering.