IDG Capital Partners, the corporate venturing unit of the IDG research group, has invested close to $10m in Wacai, a Chinese personal finance app developer. The series A round follows on from a June 2011 angel investment of close to 10 million yuan ($1.6m), bringing its funding to date at about $11.6m.

Small scale biofuel refiner, Cool Planet Energy Systems from the US, is getting closer to its ultimate business plan to build biofuel refineries across the US and Asia following a funding tranche and a joint venture. The company has an enviable list of corporate venturing backers including Google Ventures and BP.

Kyoto University unveils its second venture fund for investment across Asia with $60m backing.

The Innovation Network Corporation of Japan, a public-private partnership aimed at promoting innovation and enhancing the value of businesses in Japan, has invested $7.2m in US-based Zeptor, a battery technology company. The 27 corporate investors that invested collectively YEN14bn in the YEN280bn ($26bn) investment vehicle include Asahi Kasei Corporation, Canon Inc., Osaka Gas Co. and Sharp Corporation.

Daiichi Sankyo has committed Y100m ($1m) and Mitsubishi UFJ Capital will be investing as much as Y200m ($2m) with the Organization for Small & Medium Enterprises and Regional Innovation pledging Y450m ($4.5m).

Bertelsmann has come back to re-invest in a series B round of funding for China-based Dayima, a menstruation period tracking app. The financial details were not specified, but the latest round is worth tens of millions of dollars. Venture capital firm Sequoia Capital also participated.

Global Founders Capital, the corporate venturing arm of Rocket Internet and backed by the Samwer brothers, has invested an undisclosed amount of capital in a series A round of funding for Traveloka.com, an Indonesia-based flight booking website.