Reliance Industries will hold a 20% share in the newly formed Jerusalem Innovation Incubator, as will fellow corporate backer Motorola Solutions.

Samsung joined existing investor Takwin Labs to invest $7m in the real-time imaging technology developer, which is also a Microsoft accelerator graduate.

The Jerusalem Innovation Incubator is set to obtain $25m from Reliance Industries, which helped launch the project last month alongside Yissum and others.

Naver joined subsidiaries NHN Investment Corp and Line for a series A round announced at the same time as the launch of Syte.ai's clothing search platform.

Shandong Buchang Pharmaceuticals has taken part in a $17.7m round for Symbow Medical, which is working on a surgical navigation device.

Bertelsmann Asia Investments was among the investors in an eight-figure round that will support product development and the financial product provider's growth in Korea.

The Cronus Bike-backed bicycle sharing service has raised series B funding to expand its network of parking areas and upgrade its offering.

Tasly Pharma has led a series E round for PegBio, which is working on drugs to treat diabetes and obesity, and which is also backed by Legend Holdings.

The cloud management startup has raised $15m in a series A round led by Legend Capital that included IT services supplier Hyosung ITX.