UW-founded cancer immunotherapy developer Neoleukin Therapeutics will merge with Aquinox in an all-share deal giving the spinout's shareholders roughly 38.6% equity in the new company.

Hewlett Packard Enterprise reportedly paid less than $50m for the assets of Qualcomm Ventures and CapitalG-backed MapR, which had once been valued at more than $1bn.

SoftBank Ventures Asia and Singtel Innov8 were among the investors in the $90m round, which closed alongside Carro’s acquisition of e-commerce marketplace Jualo.

Quantum Signal has been bought by Ford after two decades of quietly producing technologies for robotic applications including autonomous driving.

Enterprise sustainability software developer Thinkstep has been bought by risk management consultancy Sphera after raising more than $23m from investors including Siemens.

Telstra Ventures looks set to exit Stanford spinout Uhana in an an acquisition of undisclosed size by VMware.

The data security technology developer has been purchased by Microsoft after raising at least $26m from investors including Bloomberg Beta.

Microsoft has bought big data access control software developer BlueTalon, which had raised approximately $26m from investors including Stanford-StartX Fund.

Telstra Ventures looks set to exit network optimisation software developer Uhana in an an acquisition of undisclosed size by VMware.

Kinectrics has bought University of Surrey's Gnosys Global in a bid to extend its global presence and unlock the potential of a combined product portfolio.