Novo-backed Cirius Therapeutics, which was supported at launch by Metabolic Solutions Development Company, will put the IPO proceeds into its lead liver disease treatment.

Samsung could potentially pay up to $160m to acquire the smartphone camera technology developer, after investing in its last round.

Samsung is reportedly eyeing Tel Aviv University-founded smartphone camera technology developer Corephotonics for $150m to $160m after backing its series B and C rounds.

Slack, which is backed by Comcast Ventures, SoftBank and GV, and valued at $7.1bn, is set to forego an initial public offering and instead opt for a direct listing.

Meniga has bought Wrapp, the retail rewards platform that had raised at least $34m from investors including Qualcomm, H&M, Klarna and American Express, in an all-share deal.

Founded out of TUM, transmission gear manufacturer ZG-Zahnräder und Getriebe has been bought by Mahle to bolster its integrated drive system capacity.

Akamai has agreed a deal of undisclosed size to acquire the identity authentication software provider, which had raised almost $79m from investors including Salesforce.

MRL Ventures, GV, AbbVie Ventures, Lilly Asia Ventures and Amgen Ventures are all in line to exit the immuno-neurology drug developer.

Salesforce and Power Financial are set to exit Quovo, a fintech developer that had secured $20m in capital, in a purchase by Plaid for up to $200m.

Amazon has purchased CloudEndure, a data recovery technology producer that had raised more than $18m from investors including Infosys, Dell EMC and Mitsui, for $200m.