Sectors

Ant Group-backed mobility serices provider has cancelled its initial public offering in the wake of regulatory crackdowns in its home country of China.

The Verizon-backed programmatic advertising software provider is joining forces with Nasdaq-listed CAP Acquisition Corporation.

Existing investors Pfizer Ventures and Merck GHI helped the precision cancer test developer take its total funding past the $130m mark.

Samsung-backed robotics software developer Covariant hiked its overall funding to $147m in a round led by returning investor Index Ventures.

Orange Ventures returned in a round that boosted the digital payment technology producer's overall funding to $106m.

Amazon Climate Pledge Fund committed capital to battery recycling services provider at a reported $3.7bn post-money valuation. GCV Analytics data suggest there is a heightened interest in deals from this space and an upward pressure on valuations.

IN8Bio, a University of Alabama spinout and cancer immunotherapy developer, has pulled in $40m through its IPO.

SoftBank-backed barbershop booking service Squire raised $60m at a $750m valuation while card issuing platform developer Lithic was valued at $800m in a round featuring Exor.

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

University of Toronto-linked Deep Genomics has picked up $180m in its series C round led by SoftBank Vision Fund 2.

The Tencent-backed game publisher priced its shares at the top of their range in an offering set to take place on August 10 that will value it at $21.2bn.