Sectors

Novo-backed surgical robot maker Procept will fund recruitment and product development initiatives with the proceeds of an IPO for which it has just set terms.

Existing backer Novo has helped the teeth straightening technology producer close a series D round hiking its overall funding to over $170m.

Dell, Hewlett Packard, Relx and Alphabet helped boost the database technology provider’s total funding to $264m.

SR One Capital Management has led the RNA targeting drug developer’s latest round, participating alongside investors including Lilly Asia Ventures.

The Aviva and Foxconn-backed respiratory system developer beat the target for its series D round to bring its total funding to over $150m.

Alphabet subsidiary Verily is set to exit Ciitizen, a management software platform for healthcare data, after Invitae agreed to buy the company.

Cigna has returned to invest $29.5m in electric vehicle charging technology developer Tritium ahead of its $1.2bn reverse merger later this year.

Stryker has bought the surgery monitoring software provider, which was backed by SoftBank and multiple healthcare providers.

The Autodesk-backed cost management platform developer increased its valuation to $280m in its most recent round.

Gradient Ventures has returned to back the software debugging technology provider’s series B round, which took its overall funding to $41m.

The semiconductor wafer maker intends to ramp up its production capacity with funding from investors including Yangtze Optical FC.