Trade Sale

OUP has exited Algorithmia following its acquisition by DataRobot for an undisclosed sum.

MIT’s battery technology spinout will collect $200m in a private investment in public equity financing and list on the New York Stock Exchange.

VIB and V-Bio Ventures have both participated in a series A round for Muna Therapeutics, the result of a merger of two recent spinouts.

The open online education platform’s founding institutions MIT and Harvard plan to sell edX to edtech developer 2U in a deal worth $800m.

Schunk has agreed to acquire a majority stake in Fraunhofer spinout Pulsar Photonics, which produces ultrashort-pulse laser technology.

Karlsruhe Institute of Technology spinout Kites has agreed to an acquisition of undisclosed size by Zoom Video Communications.

ICL vascular implant spinout Veryan Medical has been bought by medical device firm Otsuka after raising $56m from investors including IP Group.

Ziylo, a spinout from University of Bristol that is working on a diabetes treatment, has been acquired by Novo Nordisk for a total that could exceed $800m.

VW will invest $100m in QuantumScape and form a joint venture with the Stanford spinout to develop batteries for long-range electric vehicles.

Versant's unusual build-to-buy model has resulted in Roche acquiring a target for MS based on UCSF research and the venture firm launching a new spinout, Pipeline Therapeutics.