The Alphabet and Roc Nation-backed trading platform is gearing up to go public after achieving a $5.6bn valuation earlier this year.

The Tencent-backed local services portal plans to float in Hong Kong in two weeks time and has locked up $1.5bn in investment already.

Tengelmann Ventures and HV Holtzbrinck Ventures have sold their entire shareholding in kitchenware retailer Springlane to its founder.

VitalSource has paid an undisclosed amount to acquire Hearst Ventures-backed educational content technology provider Acrobatiq.

Educational content creation platform Acrobatiq spun out from Carnegie Mellon University in 2015 and had been backed by the university's Carnegie Innovations division.

Thoma Bravo has agreed to buy a majority stake in the sales software producer, though it is unclear whether Salesforce and AT&T will exit.

Softgarden, a spinout of Saarland University, has been acquired for Investcorp Technology Partners for an undisclosed sum.