Intel Capital leads $3m seed funding round for gourmet food marketplace GoldBely.

Mobile commerce platform ActionX raises $5m from investors including strategic backers SoftBank, Verizon and AOL.

Oxford University licenses out chilli tester to Singapore-based Bio-X.

LVMH corporate venturing unit, L Capital Asia, has exceeded its original target for its second private equity fund, announcing it has reached its hard cap of US$950m. Launched in March 2013, targeting commitments of US$800m, the fund raising exercise has been completed within six months.

Intel Capital leads $14.3m financing for retail search exchange operator HookLogic.