Intel Capital led the cloud infrastructure technology startup's series A round, which will support product development and international sales and marketing.

China Harmony New Energy Auto Holding has spun out Independent Aftersales with $41.2m of funding, much of which came from Leaguer Auto and Aouto Investment.

Legend Capital has raised $1.1bn for its seventh US dollar-dominated fund, a month after hitting a $448m close just a month ago.

Microsoft has confirmed it has agreed to buy the Infosys-backed cloud analytics platform, for a price previously touted as up to $70m.

WEH Ventures is helmed by Deepak Gupta, who was an investment director at Intel Capital between 2010 and 2014.

Home renovation management platform iKongJian has raised $31m in a Gome Holdings-led round that increased its overall funding to $53m.

Kakao has secured $437m in funding to spin out Kakao Mobility, which will operate a range of services including ride hailing app Kakao Driver.

Opko was among the investors in genetic disease therapy develoepr Eloxx's series C round, which has now been increased by a further $6m to $30m.