Based on research originally conducted at MIT, Tepha has been purchased by BD for an undisclosed sum.

Amazon Climate Pledge Fund has reinvested in the battery recycling services provider at a reported $3.7bn post-money valuation.

UPMC Enterprises has contributed to a $117m series B round for gene therapy developer Ring Therapeutics.

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.