Dentsu Ventures is armed with more than $40m in capital and will invest in communications and marketing technology startups in the US, Japan and Europe.

The early-stage venture fund, set up by biotech company Euglena, has harnessed support from a range of corporate limited partners

IDG Capital Partners co-led the latest round raised by the peer-to-peer lending platform, which will be used to boost its big data capabilities.

The internet company's startup conference, which will be put on by its corporate venturing subsidiary, has begun accepting pitches from startups.

Grocery e-commerce company ZopNow has raised $10m in a series A round featuring returning investors Qualcomm Ventures and Times Internet.

The mountain climbing app beat out 53 other competitors at the conference, organised by corporate-backed venture fund B Dash Ventures.

The internet company has invested in ride sharing apps Tiantian Yongche and 51Yongche, both of which have raised eight-figure dollar amounts in their latest rounds.

Majority shareholder Info Edge provided $24.8m of the funding in the round, retaining a 50.1% stake in the restaurant listings company in the process.

Existing investor Legend Holdings led the round, also backed by Bertelsmann, bringing the cloud infrastructure provider's funding to $160m in less than 18 months.