Sadara, a Palestine-focused investment firm, invests $1m into Souktel, a mobile tech venture, via a fund backed by Google and Cisco.

China-based online media company Mailman Group has launched its own startup fund to help help Asian startups expand their business throughout the region.

SAP Ventures and Intel Capital-backed mobile internet company One97 acquires MobiVite, a self-service mobile marketing platform, for an undisclosed amount.

IDG and Bertelsmann Asia unit reportedly looking to up investment in China-based luxury website Secoo next year.

China-based HuaXiang Group makes its first investment in Israel, by investing $2.5m into Israel Electric Corporation backed 3GSolar Photovoltaics, a solar panel manufacturer.

Japan-based internet company Asahi Net invests in a seed round of funding for Japan-based mobile tech start-up Fuller.

Medical device company Cardiosonic, who are developing technology for treating hypertension, has raised $6.1m as part of a planned $16.1m series B financing, from an undisclosed strategic investor and Shmuel Almagor.

Singapore Telecommunications's corporate venturing unit, SingTel Innov8, participates in a $570k round of seed funding, which was led by TNF Ventures, for web travel booking start-up Flocations.

Mitsui Global Investment makes a strategic investment into US-based Kaminario, a provider of high performance all solid-state (SSD) SAN storage solutions, which brings the total raised by the company to $70m.

Summit Partners has invested $26m in Malaysia-based e-commerce website Lazada, created by Rocket Internet, and backed by investors including JP Morgan.