Sense Photonics will use the proceeds from the round, which includes Samsung Ventures and Shell Ventures, to bring its lidar system to market.

Corporate VC partnership returned to reinvest in the enterprise AI software developer after backing it at launch late last year.

The CAA and Management 360-backed digital avatar technology developer has now raised more than $39m altogether,

Merck & Co will pay up to $773m to acquire biopharmaceutical developer Tilos Therapeutics, based on research at Harvard Medical School and Brigham & Women’s Hospital.

Alphabet, Telstra and RackSpace-backed endpoint cybersecurity technology producer CrowdStrike will float above a range it had already increased.

Merck & Co will pay up to $773m to acquire biopharmaceutical developer Tilos Therapeutics providing exits to co-founders Boehringer Ingelheim and Partners HealthCare.

Wave Financial, the financial management software developer backed by National Australia Bank, Royal Bank of Canada and Power Corporation, has been bought by H&R Block for $405m in cash.

Cancer drug developer Oncologie raised $80m from investors including Nan Fung Life Sciences and the Nan Fung-funded Pivotal BioVentures China.

Comcast's corporate venturing arm has expanded its investment team with three principals: Fatima Husain, Adam Spivack and Sheena Jindal.

AI-based cybersecurity technology developer Vectra, whose shareholders include Intel, Nissho, Juniper Networks and Wipro, has boosted its total funding to more than $200m.