Real estate firm City Developments has made a strategic investment in the short-term apartment rental platform, taking a 20% stake.

Rapyuta, a cloud-connected robot developer spun out of ETH Zurich, has secured $10m in a series A round led by existing investor SBI Holdings.

Cloud-connected robot developer Rapyuta has secured $10m in a series A round led by existing investor SBI Holdings.

Carmaker BAIC Group is set to lead a round that will help Renren and Tencent-backed car trading platform Cheyipai pivot to a new business model.

The e-commerce company will use the Susquehanna International Group-backed round to expand into new markets and boost its market share elsewhere in Southeast Asia.

The chipmaker's corporate venturing arm, Applied Ventures, is putting together a team in Singapore to increase its activities in Asia.

The fashion rental service took its funding to $7m in under three months with a series A round led by IDG Ventures India.

Rakuten has acquired Fablic, the operator of a flea market app called Fril, providing an exit to Colopl and Cookpad, which backed a $9.2m series A round two years ago.

The online car trading platform, which was backed by Tencent at series C stage, has now raised about $260m in total.