Compuware Ventures, which acts as the corporate venturing unit for enterprise software firm Compuware, has already invested in three local startups.

Tencent provides seed funding for the photo sharing mobile application company.

Subtext, an expansive ebook service, has raised $3m in financing from investors including Google Ventures.

Google Ventures and Ludlow Ventures have provided seed funding for the aggregated food ordering app, which is looking to expand its service to Facebook.

Kids arts and crafts subscription startup Kiwi Crate has raised $2m in seed financing from investors including Comcast Ventures.

Google Ventures and 500 Startups are heading up the seed funding for mobile game learning platform Stickery.

Alongside CyberAgent in the Wondershake deal was Sunbridge, a Japan and US-based technology incubator founded by database provider Oracle Japan's former president, Allen Miner.

The telephone sales automation start-up has received a second round of investment from 500 Startups, following its funding from the Twilio Fund.

The China-based online luxury retailer has followed its strategic marketing agreement with Taobao by closing its seed round.