IDG Capital Partners, the corporate venturing unit of media technology and research firm IDG, has invested a reported $4m into China-based WeiPass.

Northwestern University gas storage spin-out NuMat Technologies closes $2m seed round.

State-backed venture capital firm Mercia Fund Management and undisclosed business angels from the US and UK provided the money to Irresistible Materials (IM).

Perfect World, the China-based online gaming company, is investing in games developers including PGSOUL.

Crunchfund amongst seed investors for shipping application developer

Microsoft Russia Seed Fund disburses $160,000 to support IT and biomedical startups.

Neil Young and Bob Stevenson, founders of N3twork, previously sold Ngmoco (also backed by Google Ventures) to Japan-based peer Dena for $400m in 2010.