A mobile-based credit service that allows gamers to play and pay later has caught the eye and capital of corporate venturing outfit, Bertelsmann Asia Investment Fund, and venture capital firm, Sequoia Capital. The China-US outfit, Mo9, has raised millions of dollars in this series B round, according to the gaming sector press.

NTT Docomo joins Turner Broadcasting in backing videogram creator Cinemacraft.

Online video production company Maker Studios closes $26m series C second tranche financing from investors including Canal+, Astro and SingTel, building on a Time Warner-backed first tranche of $36m.

Earlier this year The Korea Capital Market Institute estimated that the government measures there to support angel investors and start-up companies would initiate a subsequent 4.3 trillion won increase in venture investment over the next five years. And with angel investor data also rising, deal flow is naturally buoyant. But the impatient exit culture of this market could be setting up entrepreneurs and investors alike for failure.