Global Blue made its second investment in the foreign currency exchange service, which aims to grow its 75 airport kiosks to as many as 300 by the end of this year.

The online grocery seller has raised $54m from backers including SoftBank and Garena, and is targeting another $100m to expand out of Singapore.

Film producer Enlight has supplied $30m in series C funding in return for a 20% stake in music app developer Echo.

Nomura has partnered Keio University to raise an $84m fund aimed at startups in sectors such as space technology, life sciences and regenerative medicine.

Joincare Pharmaceutical acquired a 14.9% stake in Apricot Forest as part of a series D round that will value the physician information app at $200m.

WeBank, a financial services affiliate of internet company Tencent, is raising its first external funding at a $5.5bn post-money valuation.

Alibaba will sell a stake in China Internet Plus, formed by the merger of Dianping and Meituan late last year, said to be sized at about 7%.

Internet of things management technology company mPrest Networks has raised $20m in a round co-led by GE Ventures and OurCrowd.

International Data Group was among the investors providing $30m for the hyperlocal mobile marketplace app developer, helping to raise its overall capital to more than $50m.

The Rakuten Ventures Japan Fund will provide capital for startups in its parent company's home country and is the fourth fund it has launched in the last three years.