TAU Ventures, with initial commitments of $20m, marks the first time that such a fund is being launched in Israel.

The rocket and space launch vehicle spinout from Tsinghua has raised $31.8m in a round led by turbine maker Goldwind, taking its total funding to almost $80m.

The internet-of-things orchestration platform developer will use the funds from the Deutsche Telekom-backed round into product development and sales.

Rocket and space launch vehicle developer Landspace has raised $31.8m in a round led by turbine maker Goldwind, taking its total funding to almost $80m.

Tencent led the People.cn-backed video news platform's series A round, investing alongside fellow corporate Baidu.

Tencent Industrial Capital has co-led a series C round for MiningLamp, a big data technology producer that raised $30m two years ago.

The Tencent and Bertelsmann-backed social commerce platform has spoken to potential advisors and underwriters about an offering that could value it at $4bn.

CreditEase Financial Industry Fund was among the investors as Meiliche Jinrong, the car financing spinout of online lender Meili Jinrong, got more series B cash.

BCA, BRI and Telkom Indonesia all invested in the biometric identification software developer, whose early backers include Recruit and Sinar Mas.