Electronic art frame producer Meural has been acquired by NetGear less than a year after the corporate took part in its series A round.

The Tencent-backed local services portal has priced the offering near the top of its range at a valuation of about $52bn.

Fave, the loyalty and rewards platform formerly known as Groupon Singapore, has secured series B funding from investors include SIG Asia.

4490 Ventures, the VC firm co-founded by Warf in 2013, has joined Beringea for customer experience software provider Avid Ratings' series A round.

JF Shea's corporate venturing unit has invested in online wine retailer Drinks as part of a series B round led by Beverly Pacific.

The online travel booking platform is in talks to invest $100m as part of a $400m round that will value the restaurant listings platform at up to $2bn.

University of Queensland revealed it has generated more than 100 spinouts since 1988, with probiotic drink manufacturer Perkii becoming number 100 in 2016.

Tengelmann Ventures and HV Holtzbrinck Ventures have sold their entire shareholding in kitchenware retailer Springlane to its founder.

Online grocer MissFresh will use the proceeds from the round, co-led by Tencent and Goldman Sachs, to enhance its supply chain capabilities.