Focus Media will lend its advertising weight to Hero Sports, an eSports spinout of gaming company Hero Entertainment, after leading its inaugural funding round.

Western Digital co-led a round that also included GV and NTT Docomo Ventures, as personal cloud storage service Upthere came out of beta.

Swiss Re has disclosed the six startups that will make up the inaugural cohort of its InsurTech accelerator, founded to help disrupt the insurance industry.

UBtech, backed by Anhui USTC iFlytek, has added $100m to its coffers to boost R&D efforts for its family-friendly robots.

The luxury goods provider's L Capital Asia unit is taking a 7% stake in the Korea-based cosmetics brand, with Groupe Arnault also set to invest.

The Tengelmann and Access Industries-backed Global Fashion Group has raised the money from Rocket Internet, its RICP fund and Kinnevik in a down round at a $1.1bn valuation.

Digital identity verification company Socure has received an undisclosed amount in a strategic investment from the bank's Santander InnoVentures unit.

The e-commerce services provider has added the telecom group to a range of backers including Sinar Mas, Sumitomo, Asia Pacific Digital, NTT Docomo and CyberAgent.