The online grocery store has now raised $27m from investors including Garena and Softbank.

Internet portal Naver is set to reap a huge return as its messaging app subsidiary files for an initial public offering that values it at almost $10bn.

Sinar Mas has made an additional investment in the broadband service as it applies to be Singapore's fourth mobile network operator.

The telecommunications business has exhausted the initial capital allocated to its Open Innovation Fund and has earmarked another $49m.

The stationery maker has established an $80m fund that will target businesses in the IT and office services sectors.

Sino-American accelerator InnoSpring, backed by Tsinghua, is aiming to raise $5m for its new fund.

The corporate venturing units of Mitsubishi UFJ and Mizuho Capital provided an undisclosed amount of funding for the financial software producer as it seeks to expand in Japan.

The security software producer has now made five investments from its Silicon Valley-based fund and will target startups that are a strategic fit.

Online steel trading platform Gtxh has raised $10m in a series A round led by Bertelsmann's Asia Investment Fund.