Falk, Adamany and Gransee have been promoted to chief IP and licensing officer, general counsel, and chief financial and operating officer respectively.

The prospective transaction would involve SoftBank raising its stake to about 70% at a valuation potentially as low as $7.5bn pre-money.

Bloomberg has made its third $75m commitment to work technology-focused Bloomberg Beta to bring its total capital under management to $225m.

Strategic partner 3SBio and Alexandria Venture Investments have both contributed to a $50m round raised by Verseau that was disclosed as it emerged from stealth.

The care provider is supplying $50m for its Translational Innovation Fund while $30m is reserved for its Artificial Intelligence and Digital Translation Fund.

MediaLab has bought Kik Messenger from Tencent-backed Kik Interactive, saving the app from closure amid the latter's legal issues surrounding its crypto token.

M Ventures participated in a $28m round completed by Plexium, which is working on small molecule drugs to treat cancer or neurodegenerative diseases.

MSU Foundation's Red Cedar Ventures has secured the services of Prem Bodagala, previously of Invest Michigan, as director.

TDK Ventures has taken part in a round for electric bicycle rental startup Wheels sized at more than $50m, nine months after it raised $37m.

Tivo and RTL exited television advertising data platform Clypd in an acquisition by AT&T's advertising services subsidiary, Xandr.