Lam, a GCV Powerlist 2016 winner, founded the Time Warner Investments group in 2003 and invested more than $325m in 54 companies before leaving earlier this year.

Phoenix New Media has invested $57.6m in primary and secondary share purchases to hike its stake in the personalised news app to almost 47%.

Tech in Asia has raised $6.6m in a Hanwha-led round that will fund research and development for its media, recruitment and events products.

The video creation marketplace will use the cash from the Stampede Ventures-backed round to expand its team across its four offices.

The smartphone maker aims to invest in 100 India-based startups over the next five years as it seeks to build its mobile app ecosystem.

The short-form media platform has tripled its total funding, raising cash from investors including NBCUniversal and WndrCo.

Corporate-backed Kamcord is to sunset its livestreaming and social media apps as 12 members of its team join Lyft, having previously raised $35m.