Verizon was a stealth investor in BlueKai, which raised $15m in its series D round in January 2012.

AT&T effectively owned a minority stake in Invidi having bought DirecTV in May 2014.

In April 2014, Transcend completed a $22m series C round from existing investors and an undisclosed global pharmaceutical and medical device company.

The intellectual property investor could pay an extra $12m to buy Parkwalk if the spinout-focused fund manager meets certain key targets.

Singaporean internet services and gaming unicorn Garena is considering a 2018 flotation that would provide an exit for Tencent.

The online education provider, backed by Daily Mail Group, is winding down operations six months after the departure of founder and CEO Sanjay Purohit.

Qurient spun out from Institut Pasteur Korea, a research institute focused on curing infectious diseases, in 2008.

The photo modification app developer raised $629m in an initial public offering that provided Sina Weibo, Foxconn and IDG Capital Partners with exits.

FoodPanda backer Rocket Internet will increase its stake in another food delivery platform, Delivery Hero, to almost 38% through the acquisition.