Video sharing platform AcFun, which had raised at least $110m from backers including Youku Tudou and SoftBank, has shut down its operations.

The virtual reality broadcasting platform raised $11.7m in a round backed byIntel Capital and Akatsuki Entertainment Technology Fund.

The mobile advertising platform's Calldorado App Growth Fund will provide marketing funds for app developers using its software.

The round, which includes Philippine Long Distance Telephone Company and WWE, reached a $40m second close in 2016.

Location marketing software provider Uberall has raised funding in an HPE Growth Capital-led round that included existing investor United Internet.

Game developer V2 Games has changed tack to become a game-focused investment firm, with Victory Square Technologies as an LP.

The social game developer will invest in growth-stage digital entertainment and consumer internet companies through its Playtika Growth Investments fund.

The China-based corporate has paid more than $100m for a 5% to 10% stake in the film and television producer as part of a partnership agreement.