FTX was among the backers in the Baidu, Bitmain, CreditEase and Wanxiang-backed virtual currency platform’s latest round as it reportedly prepares for a reverse merger.

The Telstra-backed provider of commercial insurance and broker software has reached $162m of total funding through its latest round.

Intel Capital looks set exit the marketing technology provider, which has filed to raise up to $100m on the New York Stock Exchange.

Johnson & Johnson’s investment arm has returned to back the molecular diagnostic technology developer, which also counts Novartis, Consort Medical and Wondfo Biotech as investors.

Lilly Asia Ventures took part in a $78m round for oncology therapy developer BH Med while gifting platform developer Snappy completed a $70m Hearst-backed series C.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The Comcast, PayPal and Rakuten-backed micro-investing service is merging with Nasdaq-listed Pioneer Merger Corp at a $2.2bn post-transaction valuation.

Access Industries and Takeda scored exits as the oncology therapy developer floated at the top of its range in an upsized offering.

A total of 11 early-stage venture capital funds run by members of the black and Latinx community have secured part of $50m of commitments from PayPal.

Microsoft has contributed to the artificial intelligence technology developer's OpenAI Startup Fund, two years after investing $1bn in the company.