The Merck GHI-backed medical device developer had raised $120m in funding prior to its initial public offering.

The online automotive retail platform is targeting $300m in an offering that will score exits for Tencent, Didi Chuxing and Taikang Life.

Virtual medical assistant developer MedWhat has hit back at investors including Stanford University and its StartX Fund with allegations they broke the law on eight separate counts.

SoftBank invested $150m to lead PolicyBazaar and PaisaBazaar owner ETechAces' series F round, which included InfoEdge.

Onyx Therapeutics-backed autoimmune drug developer Kezar Life Sciences has closed its initial public offering at $86.3m.

Evergrande Health Industry has paid $860m for the 45% stake in Faraday Future owned by Season Smart, as US regulators approve a $2bn total investment.

WPP, News Corp, Microsoft and Deutsche Telekom will exit adtech provider AppNexus in a purchase that is reportedly worth about $1.6bn.

B&C has acquired a 9% stake in TTTech for an undisclosed sum, guaranteeing that the TU Wien spinout will continue to be majority-owned by Austrian shareholders.

The artificial intelligence technology developer is set to be acquired by investor Microsoft in a deal that will also allow Samsung, Siemens and ABB to exit.

The corporate-backed Space Camp Accelerator has welcomed its first six startups.