The Tencent and CyberAgent-backed online messaging service will acquire Daum in a reverse takeover that will value Kakao at about $3bn.

DST Global led the round, which could reportedly rise to $500m, after Flipkart closed the $300m purchase of fashion-based e-commerce company Myntra.

The pharmaeutical companies will form a new entity call Assembly Biosciences, which will aim to produce a treatment for hepatitis B.

The corporate venturing subsidiaries of Google, Comcast and Qualcomm all exited from Divide after it was purchased by Google for an undisclosed amount.

The Take-Two backed social video platform is set to be bought in a deal that would top the $1bn mark.

The chip maker, backed by both Qualcomm and semiconductor manufacturer Marvell, could be the subject of a $300m bid.

BASF and Total's corporate venturing units have both achieved exits from the desalination technology company, which had raised $75m in equity funding.

The wearable medical technology developer has been purchased by Covidien, granting exits to corporate investors Motorola Solutions and 3M.

Boston Scientific, which originally held a 28% stake, will acquire gynecological surgery product technology developer IoGyn, with their products to be integrated.

Walmart subsidiary @Walmart Labs has bought Microsoft-backed Adchemy to add to its in-house talent base.