Services

Ucomme has formally filed for a $100m initial public offering, confirming months of reports and putting Beijing Xingpai, Dahong Group, Junfa Group, Prosperity Holdings and Yintai Land in line for exits.

The co-working space provider picked up $25.2m from backers including Asia Cement and founding investor Aju Hotels and Resorts.

Berman Enterprises-backed Camber Creek returned to participate in a round that took the pop-up hotel operator’s overall funding to approximately $34m.

Samsung Venture Investment Corporation has helped the flight-booking platform raise nearly $49m that will help it expand its hotel-booking services.

Airbnb and Comcast both supplied a share of the funding, which the temporary accommodation provider raised at a $205m post-money valuation.

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

Grupo Globo and Rival contributed to a $21.7m round for the online ticketing platform, whose past investors include Qualcomm and MercadoLibre.

Wag has agreed to buy back almost 50% of its shares from SoftBank, who invested $300m last year but which is selling at a loss.

Sweetome has acquired corporate-backed short-term accommodation platforms City Home and iYoujia, with Tencent, Alibaba, Tujia and Trip.com scoring exits.

Gree-backed Streem has been bought by Frontdoor, which will integrate its augmented reality-based remote home services technology into its own offering.

The number of acquisitions of companies that have received corporate backing had been decreasing over the past few years but by the end of October this year it registered a rebound.