The firm's LAV Fund VI and LAV Fund VI Opportunities funds have been supplied by $100m from Los Angeles County Employees Retirement Association.

Pidilite Industries and L’Oréal helped the consumer-focused venture firm hit a $118m final close for its second fund, surpassing its $100m target in the process.

KII’s second iteration more than doubled in size from its predecessor, which closed five years ago and invested in 19 companies.

Nan Fung Group has backed the esports tournament operator’s series B-plus round, which will go toward product development and global expansion.

Singapore Exchange and Tokai Tokyo Financial Holdings both took part in a series A round for iStox, owner of a digitised security offering trading exchange.

The institution’s $970,000 Kaishi Angel Fund will target undergraduate student entrepreneurs.

The digital media company is planning to step up its venture capital investments in the Japanese market.

MOL Plus will deploy nearly $40m on behalf of its Japan-headquartered parent company, MOL.

The Baidu and Legend Holdings-backed intelligent vehicle technology developer pulled in over $62m of funding last year across two rounds.

Salesforce has made a strategic investment in the HR software developer, which has increased its total funding to $35m.