The lidar chip developer will secure $120m in financing from investors including existing backer Porsche as it agrees to merge with InterPrivate Acquisition Corp.

The MIT cell therapy spinout priced its shares at the bottom of their range to raise $70.6m, following some $166m in venture funding.

Corporate venturing vehicle Vorwerk Ventures is exiting beverage delivery provider Flaschenpost in a $1.16bn acquisition by Dr Oetker.

Robotic picker provider Kindred Systems is set to be bought in a $262m cash transaction that will hand exits to Tencent and GV.

Business financial tool marketplace Fundera has been bought by NerdWallet after raising some $15m from investors including Susquehanna Growth Equity.

Genetic testing company Prenetics leveraged a UK-based subsidiary to buy Oxsed having piloted the latter's rapid coronavirus screening system.

Intel is set to buy Stanford University-backed machine learning optimisation business SigOpt, which had raised at least $8.6m in funding.

Nestlé bought the healthy meal kit delivery service three years after leading its series C round, in a deal that could reach $1.5bn with earnouts.

REA Group and parent company News Corp are reportedly paying $70m for a controlling stake in online real estate portal and portolio company Elara Group.

SoftBank-backed pet product retailer PetLove is joining forces with pet services-focused DogHero, which counts Rover among its investors.