Entertainment producer All Def Digital has now secured $15m in under two years, after raising $10m in a series B round that included WPP Ventures.

The Chinese business media company. a spinout of People's Daily, has secured series B capital in a round featuring Xiaomi and Cheetah Mobile.

Virtual Reality Venture Capital Alliance is helmed by HTC Vive and made up of 28 partners including Colopl and Legend Holdings with a total of $10bn in deployable capital.

The New York Times and Google News Lab have joined forces with Matter Ventures to bring its accelerator initiative to Manhattan.

Internet company LeEco's virtual reality affiliate is raising a $46m funding round led by investment bank China Bridge Capital.

Kaolo FM, a network operated by AutoRadio Group, has raised $26m in a round featuring Legend's corporate venturing unit.

Virtual reality video provider Within has raised series A cash from backers including 21st Century Fox, WME, Live Nation, Vice Media and Legendary Pictures.

Cinematic virtual reality studio Felix & Paul has closed a series A round led by Comcast Ventures that will fund staffing, technology and distribution.