N-trig, a developer of pens for touchscreens, has been bought by Microsoft for $200m.

The Info Edge and Intel Capital-backed company is reportedly in advanced talks to raise a series D round.

Israel-based Team8 will incubate and launch cybersecurity startups, supported by $18m of series A funding from backers including Alcatel-Lucent and Cisco.

Online automotive trading platform Cheyipai raised the money in a series D round featuring Renren and Tencent, taking its total funding to $185m.

The genome sequencing technology developer raised the funding from backers including the venture capital arms of Mitsubishi and Mizuho.

Instant messaging company Line has launched a $42m fund that will seek to fund e-commerce, payment, media, entertainment and online-to-offline companies.

The Alibaba-affiliated online payment company has lined up China's National Social Security Fund, Postal Savings Bank of China and China Development Bank as backers.