Sector focus: Transport

Mattel, Houghton Mifflin Harcourt, JF Shea and Sesame Workshop have exited connected toy producer in an all-share acquisition by Byju's.

University of Waterloo hopes to raise $1.2m to $1.8m for an angel fund to make equity investments in the winners of its Velocity Fund Finals competition.

Conference review: Venture Houston, Texas

Lessons from the GUV Summit in Houston, Texas, this month

Innovative region: China

HomeToGo has acquired the troubled Recruit-backed holiday home rental platform Tripping for an undisclosed amount of money. The company is part of the larger travel and accommodation space, which has seen growth of corporate-backed deals in recent years.  

Gregg Bayes-Brown, former editor of Global University Venturing, became communications manager of OUI in 2016 – here he discusses what the past two years have taught him.

A round up of all the latest news on globalcorporateventuring.com for our subscribers.

Bustle has agreed to buy Mic for $5m, marking a significant down valuation for the news publisher backed by Axel Springer, Hakuhodo, You & Mr Jones, Time Warner and WPP.

Corel will buy the cloud software developer in a deal that would see Ingram Micro and Cisco exit.

The radio ad marketplace operator has agreed to an acquisition by one of its investors, iHeartMedia, with Intel Capital and Universal Music also set to exit.

Lessons from the GUV Summit in Houston, Texas, this month

Liberty Global and Shanda Group were among the investors that have backed Mojo Vision’s invisible computing platform with $50m of capital.

Comcast Ventures was among the investors that backed Italic as it launches its factory-to-consumer e-commerce platform.

GCV Analytics defines the financial services sector as encompassing payment technologies and cryptocurrencies, personal finance and wealth management, insurance, alternative lending, crowdfunding, client and risk analytics, firms and funds, social investing and others.

Durham University has joined forces with New College Durham and economic development organisation Business Durham to launch an incubator aimed at local startups.

UPMC and Cigna Ventures were among the contributors to the first fund raised by healthcare services and software VC firm Health Velocity Capital.

A range of new materials and technologies could yield vastly improved batteries for purposes including electric vehicles and grid storage. 

The Brazilian payment and commerce services provider floated above its range and raised an extra $100m from Ant Financial through a private placement.