SoftBank's semiconductor technology subsidiary will co-manage the Hou An Innovation Fund and has recruited several state-owned funds as limited partners.

Berrybenka has raised an eight-figure dollar sum from investors including the $50m venture capital vehicle formed by SoftBank and Indosat.

Samsung and Verizon will exit social video app developer Rounds in a deal reportedly sized at between $60m and $80m.

Liberty Media's Israel Venture Fund was among the contributors to a series A round that will be used by the cybersecurity startup to support geographical growth and R&D.

Lumus, which produces lens technology for use in augmented reality, is already backed by HTC, Quanta Computer, Crystal-Optech and Motorola Solutions.

The maths tutoring service, which closed a $4m series A round just seven months ago, has raised another $15m in a series B round backed by Alphabet's CapitalG unit.

The Chinese government has raised $4.35bn for the first close of its China Internet Investment Fund, sourcing capital from a range of state-run firms.

Chinese conglomerate Fosun is set to make a splash in India through an investment partnership with local venture capital fund Iron Pillar.

The media company has closed SPH Plug and Play, its accelerator joint venture, and will instead focus on direct investments through its SPH Media Fund.