Data centre security software provider GuardiCore has now raised a total of $33m since 2013 and secured Cisco Investments as an investor.

The in-wheel electric motor developer has welcomed Tianjin THSG Corporation and new strategic partner VIE Science & Technology as backers, and will now scale up its manufacturing.

ShopClues has acquired mobile payment startup Momoe for up to $12m, providing an exit to equity holders including IDG Ventures India.

Customer service provider Udesk has added a $15m series B round led by Legend Holdings' corporate venturing unit to $3m from DCM last year.

Bertelsmann Asia Investments was among the participants in the first external funding round disclosed by DotC United, a mobile app developer spinout of Avazu.

The electronics producer will seek startups developing technology that can be used for home appliances, work and more advanced equipment, for a Japan-based accelerator.

Tencent-backed healthcare data technology developer iCarbonX has followed a $154m series A round in April with $45m from China Bridge Capital.

Tohoku University Venture Partners and others support the commercialisation of Tohoku Magnet Institute's soft magnetic alloy that could be a more efficient replacement for electromagnetic steel sheet.

As the Indian Institute of Management Ahmedabad's Infuse Ventures fund nears full deployment, the institution prepares to launch the $150m Bharat Innovations Fund.