The China Aerospace Science and Technology Corporation reportedly forms a RMB1bn ($158m) fund.

Intel Capital's Taiwan and South Korea offices are now reporting to India-based Sudheer Kuppam instead of to US-based Keith Larson.

Capital prospects for accelerated venture growth.

The Singapore-based mobile education group which is going through an incubator programme backed by SingTel Innov8, reportedly wins another incubation investment.

CyberAgent Ventures-backed Forkwell, a Japan-based jobs website for software engineers, raises more funds from Nippon Venture Capital.

IDG Ventures India was joined by Accel Partners, backing the India-based medical technology company.

Rakuten is joined by DCM and FirstMark Capital in the round backing the luxury goods website.

Separately, Mitsui's portfolio company BrightStar, a US-based provider of distribution and related services to the wireless device industry, has withdrawn its plans for a $300m flotation.

China Europe International Business School (CEIBS) has launched a fund in collaboration with HGI Finaves to provide seed funding as well as series A round investments of up to RMB300m in the first phase of a project's development.

The US-based chip manufacturer buys Olaworks, which Intel Capital backed in 2007.