We Company's largest investor is set to buy up about 25% of the shares in the IPO, which is likely to reduce its valuation from $47bn to as little as $15bn.

Sinar Mas Land plans to form a property technology-focused incubator with accelerators Digitaraya and GK Plug and Play that will kick off early next year.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Sales team-focused voice analytics software developer Cogito, an MIT spinout, attracted investors including Salesforce, New York Life and Goldman Sachs to bring its overall total to $100m.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Emtek could potentially exit online real estate platform PropertyGuru, which is reportedly preparing an initial public offering in Australia.

Qualcomm-backed rental property portal Quintoandar is now valued at more than $1bn, after raising cash in a SoftBank-led series D round.

Shopify has agreed to pay $450m in cash and shares for the warehouse technology developer, which had raised $46m from investors including iRobot.

Freight services portal Loadsmart has now raised more than $53m in total, having secured new funding from investors including Ports America and Maersk Growth.