Sistema Asia Fund, a subsidiary of Russia-based conglomerate Sistema, will invest in consumer technology startups.

GoGoVan, Shopline and Yeechoo are the first three companies to receive funding from Alibaba's Hong Kong Entrepreneurs Fund.

Railway operator Keio Corporation has contributed to a round that will be used by Hyakusenrenma to make its holiday home rental services multilingual.

Flight and train ticket booking platform Huoli Tianhui is now valued at $332m after closing a round co-led by an HNA Group subsidiary, and is planning a China IPO.

PayPal has decided to also bring its fintech incubator Start Tank to Singapore, three years after it was launched in Chennai.

Touch-free interface designer EyeSight, already backed by Ceva and Mistui, has attracted $20m in capital from Chinese conglomerate Kuang-Chi.

Paul Ark (Polapat Arkkrapridi) has joined SCB Ventures, the fintech investment arm of Siam Commercial Bank, as head of venture capital.

The computer and smartphone manufacturer plans to invest in up to 20 companies each year through its Lenovo Capital unit, and to spin out up to 10 internally-founded startups.