CyberAgent Ventures reportedly received up to 20% of iPeen's shares for investing $1m.

Instead of providing cash, YetiZen will offer space and three months of mentoring from its advisers, who include Jeff Karras of Singtel Innov8 and Patrick Chung of SK Telecom Ventures, in return for equity.

VC firms Contour Venture Partners and New Venture Partners are in TimeSight's consortium, while a regulatory filing said the portfolio company raised $3.2m from 10 investors.

Avatar Ventures, a US-based mobile phone adapter to display text messages and wireless emails on a car dashboard, has raised $500,000 in a private placement from a non-US corporation.

Alongside O'Reilly AlphaTech Ventures in Fidelis' series A round are venture capital firm Accel Partners, Novak Biddle and Ulu Ventures and angel investors.

Besides CyberAgent, online clothing store operator Start Today and venture capital firm Globis Capital Partners will take private placements of Kayac shares, with their stakes adding up to nearly 10%, according to news wire Nikkei.

The other investors include venture capital firms IA Ventures and Social Leverage, and angel investors.

Swisscom's corporate venturing unit Swisscom Ventures has invested in Me2me's A round, along with local bank Credit Suisse's SFr100m SVC - Ltd. for Risk Capital for SMEs fund set up in June, and local industrial conglomerate Beelk.

In respect of seed and venture capital (VC) funding, Heinz Oyrer posed the statement "The European market is more or less dead but the US is still open" to members of the European Entrepreneurship & Innovation @ Silicon Valley LinkedIn group.