Kakaku took part in a series B round led by existing investor NSI Ventures that will support recruitment and geographical expansion.

The smart home device maker has raised $54.5m from investors including Baidu and Libai as it gears up for a China initial public offering.

OurCrowd has attracted support from Motorola Solutions and Reliance Industries for a seed stage incubator it launched alongside a $50m sports tech fund.

The vehicle, which has already secured $470m in commitments, will aim to help commercialise British research and help companies expand into China.

ST Telemedia led the Hyosung ITX-backed cloud services and software provider's latest round, which included existing investor Legend Capital.

The investment includes a $50m secondary share purchase from Info Edge and values restaurant listings platform Zomato at $1.1bn.

Alibaba invested $146m to lead the round, which more than doubled the valuation of the India-based online grocer inside two years.

The corporate venturing unit's third fund, its second in renminbi, will make investments in artificial intelligence and big data-oriented companies.