Saif Partners, backed by US-based technology company Cisco, reportedly takes D.Cn to $20m round.

The Russian Space Agency is expected to be taking her on its launch in May.

Tencent and Korea-based games developer Wemade Entertainment join the corporate venturing unit of online media and development company CyberAgent backing the Korea-based mobile messaging application maker.

The China-based private equity firm will reportedly work with the three corporates, including Cathay Financial Group, to invest in app design companies.

The India-based clean tech fund has already raised $9m with backing from BP Ventures and the Indian government.

InnoSpring, a US-China incubator backed by China-based Tsinghua University Science Park, launches its seed fund with backing from firms including Kleiner Perkins Caufield & Byers and TEEC Angel Fund, which is founded and funded mainly by entrepreneurs and executives graduated from Tsinghua University.

InnoSpring, a US-China incubator backed by China-based property company Shui On Group, launches its seed fund with venture capital backing from firms including Kleiner Perkins Caufield & Byers and Northern Light Venture Capital.

Netease, a China-based gaming company, which has grown to a market capitalisation of $7.3bn after being founded 15 years ago, is reportedly eyeing an early growth stage fund.

Edgar Hardless reportedly steps up to take over the running of the corporate venturing unit from Yvonne Kwek, who was its founding chief executive in 2010. She is now retiring.

The Sumitomo-backed human resources company based in China raises a round led by China Broadband Capital.