Rovio supplied $3m of the capital as game-focused venture investor Play Ventures closed a fund that was oversubscribed by $10m.

Max Life Innovation Labs will focus on startups in spaces such as artificial intelligence, blockchain, the internet of things and big data.

IoT management software provider Uhuru plans to file for an offering that would allow Salesforce, Mitsui, SoftBank, NEC and NGK Spark Plug to exit.

Kyushu University's Qu Ventures has supported a series A round for robot-equipped consumer goods delivery service Starship Technologies.

The consumer goods trading platform has secured nearly $80m from existing investor Tencent in a deal that took its total funding past $510m.

Aireen Omar will take on AirAsia Group's wider corporate venturing purview having served as CEO of its RedBeat Ventures unit since January 2018.

Clothing manufacturers Nodo and F&F are among the limited partners for a fund with a $50m ceiling, while Line Ventures is also expected to invest.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

SoftBank could invest $50m to $60m in e-commerce marketplace Snapdeal to lead a round that could possibly stretch to $100m.

Tencent has led a $28.4m round for financial planning advice provider Xiaobangguihua that included existing investor Reinsurance Group of America.