Pinterest proceeds to IPO stage
Rakuten is among the investors in line for an exit following Pinterest’s decision to file confidentially for an initial public offering expected to value it at more than $12bn in the next four months.
Ucommune seeks home in public markets
The workspace operator is reportedly seeking a $3bn valuation in a US IPO that would allow a host of corporates including several real estate developers to exit.
Intel conducts Ineda Systems acquisition
Samsung Catalyst Fund, Qualcomm Ventures and Cisco Investments have exited the low-power chipmaker in an acquisition of undisclosed size by Intel.
SoYoung looks to mature with $300m IPO
Tencent is in line for an exit after China-based cosmetic surgery booking platform SoYoung confidentially filed to go public in the US in an offering that could raise $300m.
GN Audio records $125m Altia Systems acquisition
GN Audio has acquired Altia Sytems for $125m, providing an exit for Intel Capital, which had backed a $10.7m series B round for the camera maker in 2014.
Demisto heads to Palo Alto for $560m
Palo Alto Networks will acquire the cybersecurity orchestration platform developer, which had raised $69m from investors including Slack and Wipro, for a mixture of cash and stock.
Kinnevik to kick in $96m for MatHem
Kinnevik has agreed to invest $42.5m in Clas Ohlson-backed online supermarket MatHem while buying $53.5m in a secondary investment deal.
Stealth Bio shifts to $78m IPO
Nan Fung-backed mitochondrial therapy developer Stealth BioTherapeutics floated at the foot of its range to raise $78m, having disclosed $100m in financing last June.

Other News

Shell to store Sonnen in acquisition deal
Sonnen is set to be acquired by existing investor Shell for an undisclosed sum, while General Electric, Envision Energy and Inven Capital will also exit.
Catapult Capital catches JibJab
Catapult has partnered St. Cloud Capital to buy the electronic greeting card platform for an undisclosed sum, allowing Sony and Overbrook Entertainment to exit.
Douyu cues up $500m IPO
Tencent-backed Douyu has confidentially filed to go public in the US, following another Chinese livestreaming platform, Huya, which floated last year.
DMP maps out Ushr acquisition
Corporate venturing unit GM Ventures is set to exit high-definition mapping software provider Ushr in an acquisition by Dynamic Map Platform.
Scroll rolls up Nuzzel
Mol, DeNA and Digital Garage are exiting the social news platform through an acquisition by Scroll, which will use it to test consumers' interest in content.
Peloton begins IPO cycle
Comcast and Grace Beauty-backed interactive exercise platform Peloton Interactive is interviewing banks for an offering slated for the second half of 2019.

Editor's Picks

Slack officially starts journey to public markets
Slack has confidentially filed for a direct listing that will allow SoftBank Vision Fund, Comcast Ventures and Alphabet unit GV to sell shares.
IPO of the Year: DocuSign
A leading company in the e-signature and digital transaction management space, San Francisco-based DocuSign went public in April last year, with a market capitalization of $4.4bn.
M&A of the Year: Prexton Therapeutics
Having emerged from the Merck Serono Entrepreneur Partnership Program (EPP) in 2015, Prexton Therapeutics raised a total $41m of funding before it was acquired by pharmaceutical firm Lundbeck for an estimated $1.1bn last year.
Pinterest points to April for IPO
The Rakuten-backed social media and e-commerce company, valued at more than $12bn, will select underwriters next month and could go public as soon as April.
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