Rocket Internet remains the largest investor in the home products marketplace, which has floated in a $174m initial public offering.

The surprising acquisition comes less than a month after the company had filed for a $100m initial public offering.

Uxin has set its pricing range at $10.50 to $12.50 per American Depositary Share, with Baidu, Legend Holdings and Tencent all in line to exit the used vehicle marketplace.

MIT spinout and automated statistics technology developer Empirical Systems had raised $2.5m from investors including Hyperplane Venture Capital and Brain Robotics Capital.

Eon-backed fuel cell technology developer Bloom Energy was rumoured to be seeking an initial public offering in 2016 and has not made any funding announcements since then.

Aviva Ventures has exited home improvement services marketplace Opun in a $4.7m purchase by John Lewis Partnership.

JF Shea-backed VictorOps agreed to acquisition by Splunk for approximately $120m in cash and stock.