OUP has exited Algorithmia following its acquisition by DataRobot for an undisclosed sum.

Carnegie Mellon-linked Duolingo raised $521m in an upsized offering and saw its shares rise 36% on their first day.

CapitalG sold $36.3m of shares in an upsized offering for the language learning app developer, which saw its shares rise 36% on their first day.

PsiQuantum has become the first unicorn in Imec.xpand’s portfolio as it fetched a valuation of more than $3bn.

Cornell-linked dog DNA test developer Embark Veterinary raised the capital in a round led by SoftBank Vision Fund 2 at a $700m post-money valuation.

SoftBank has contributed to a $350m private placement supporting the health screening provider's reverse takeover.

Microsoft and Munich Re helped the cybersecurity insurance platform developer complete a series D round which took its overall funding to $272m.

The Salesforce-backed digital marketing technology provider received the cash in a round led by B Capital Group that brought its overall funding past the $350m mark.

Icahn School of Medicine spinout Sema4 has completed a reverse merger with CM Life Sciences to begin trading on the Nasdaq Global Select Market.

Backstage as a vehicle investing in “underestimated rather than underrepresented founders”.