A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Mattel, Houghton Mifflin Harcourt, JF Shea and Collab+Sesame have contributed to a $24m funding round for internet-connected toy maker Osmo.

The company will conduct a reverse merger with its shareholder Nevada Iron to float on the Australian Stock Exchange.

Corporate-backed photo app developer Meitu is set to raise $629m in its initial public offering, down from a $1bn target in August and a $800m goal last month.

Dating app Paktor bought a controlling stake in webcasting platform 17 Media, providing an exit to sports media company Le Sports's venturing arm.

Comcast and 7-Eleven previously backed a $15m series C round in September 2016.

The used car marketplace has shut down its California operations and is merging with a stealth company called Fair.com, after SAIC reportedly decided to exit the company.

The union representing National Football League players has lined up six partners including semiconductor giant Intel to launch the sports accelerator.

The hotel booking service, backed by Expedia, has priced its shares at $13 to $15m and will raise up to $492m in its initial public offering.