Naver is putting up 80% of the capital for SB Next Media Innovation Fund, which will invest in offerings compatible with its Snow and Webtoon subsdiaries.

Imax will use the Imax VR Content Fund to support content developers, and has secured funds from Acer, which supplied $10m, CAA, Enlight Media and WPP.

Aker was among the investors in a series C round that will support the launch of a 3D visual effects platform and an interactive mixed reality TV show.

Bytedance, the Sina Weibo-backed owner of news aggregation app Toutiao, could raise the funding at a $1bn valuation, 20 times that of its last round in 2014.

Intel is acquiring Voke, a developer of virtual reality viewing technology for sports events, months after leading a $12.6m round for the company.

CapitalG also potentially disclosed an investment in communications platform Snap by adding the company's logo to the investment portfolio page on its website.

Searchable GIF platform Giphy, which is also backed by CAA, increased its venture funding to $150m inside three years and is now valued at $600m.

ProSiebenSat.1 and Singapore Press Holdings have joined Wochit's list of shareholders following their contribution to a $13m funding round.