Underwriters have exercised their over-allotment option in full, increasing the University of Pennsylvania-linked genetic medicine developer’s proceeds by $32.4m.
Electric skateboard producer Boosted, backed by Stanford-StartX Fund, has laid off employees after its business model succumbed amid the US-China tariff war.
The UC Santa Barbara-founded semiconductor technology producer has gone public through a reverse merger with penny stock company Peninsula Acquisition and received $21.5m from investors including Marelli.
QUB-founded cybersecurity business Titan IC is set to become part of Mellanox Technologies, having previously raised funds in 2015.
Chinese Academy of Sciences and its VC subsidiary TCL Capital are in line to exit the artificial intelligence chip producer, which was valued at $2.5bn as of 2018.
ABB has agreed to purchase building control point supplier Cylon Controls, providing exits to UCD and energy utility ESB.
University of Pennsylvania-linked Passage Bio issued 4.6 million more shares than originally planned to raise $216m, up more than 70% on its $125m original target.
Takeda has bought UW spinout PvP Biologics, three years after acquiring an option to buy it in return for $35m in financing.