Sectors

A year after reportedly hiring banks for an IPO, multi-corporate-backed Velodyne has instead chosen a reverse merger to list on the New York Stock Exchange.

Comcast, McKesson, Humana and Independence Health all scored exits as the health benefits services provider floated in an upscaled offering.

Cloud storage provider XSky pushed its funding haul to $38m after securing the return of a Tsinghua University's fund management affiliate.

University of Zurich-founded skin graft therapy developer Cutiss increased its funding total to $29.3m with a round featuring Wyss Foundation.

The livestreaming broadcaster was valued at more than $600m in a round co-led by investors including Cox Enterprises and Fox Corporation.

Drug developer CF PharmTech has raised $50m in an SAIC-backed series F round just six months after closing $90m in series E funding.

Samsung Catalyst Fund is exiting data recovery technology provider Datrium, which was valued at about $280m in its last funding round.

McKesson Ventures came onboard for the health data provider Evidation's series D round, helping it hike its overall funding to $106m.

Innoport, PSA Unboxed and KSL Maritime Ventures are among the partners in a government-backed scheme to boost maritime technology in Singapore.

The crypto trading firm has received $30m in funding from SBI Financial Services as it aims to expand its offering into a prime brokerage.

Marico has purchased the remainder of Beardo three years after it acquired a 45% stake in the men's grooming brand.