The former corporate venturing unit of Finland-based mobile handset company Nokia backs Shanghai Didatour International Travel Service Company in a multi-million dollar round.

Naspers' corporate venturing unit reportedly backs the parent company of online shopping website BuyThePrice.

A $20 million fund, Softline Venture Partners is the venture unit of Softline, a Russian software licensing market company. The fund typically invests in the range of $100,000-$1 million.

The fund set up by the Russia-based internet marketing company is seeking to invest, in particular, in software as a service solutions, as well as in internet marketing and advertising services.

Eprize spin-off Leveleleven's Contest Builder app brings competitive video game mentality to the work place.

Canada-based Alethia BioTheraputics has received $4.7m in venture capital funding which it will use to fund its antibody therapeutics program for cancer.

Reflexion is West Health's second incubated start-up.

Alongside Itochu Technology Ventures in the round were venture capital firms Digital Garage, and Suneight Investment.