Lyft, which has raised some $4.4bn from investors including Alibaba, GM, Tencent, Alphabet, Magna, Rakuten, Jaguar Land Rover and Didi Chuxing, has confidentially filed to go public.

The acquisition of respiratory management system developer Propeller Health will provide exits for McKesson, Aptar Pharma, Hikma, GlaxoSmithKline, Walgreens and 3M.

Bustle has agreed to buy Mic for $5m, marking a significant down valuation for the news publisher backed by Axel Springer, Hakuhodo, You & Mr Jones, Time Warner and WPP.

AstraZeneca, Merck and Alexion-backed Moderna Therapeutics has set its pricing range at $22 to $24 and would raise more than $521m if it floats at the top end.

Corel will buy the cloud software developer in a deal that would see Ingram Micro and Cisco exit.

Data storage business Noobaa, which counts Akamai and OurCrowd among its shareholders, has been acquired by Red Hat.

Rocket Internet has returned for a $17m funding round, just over a year after contributing to a $26.4m round, with the money going towards acquisitions of rivals including Move24.

Ireland Strategic Investment Fund has led a $200m series C round for Wuxi NextCode after the latter’s acquisition of ISIF and GV-backed Genomics Medicine Ireland.

Enlivex Therapeutics is set to conduct a reverse merger with publicly traded Bioblast Pharma, which will be renamed to Enlivex following the transaction.

The Bertelsmann automotive e-commerce platform has priced its shares at the lower end of its range to raise $20m instead of its targeted $150m.