RXi Pharma, the Opko Health-backed firm, secures $26m.

The University of Colorado signs licensing agreement with Syndax Pharmaceuticals to treat lung cancer.

South Africa media group, Naspers, and its shares in 'money spinner' China online gaming company Tencent Holdings, are paying off as are the two companies' investment synergies. The two corporate investors have merged two investments, BuyThePrice.com and Tradus.com, to create a dominate player in the India buyer-seller e-commerce sector.

IDG Ventures is joining other corporate venturing units with an investment remit in Asia to secure high-growth investment opportunities in the mobile and internet application software sector. However, IDG's latest re-investment in China-based mobile app security service provider, Bangcle, is onto something bigger: safeguarding application developers and their customers.

Digital media investor Iris Capital has led an expansion round for the German online marketplace.

The University of Wyoming finalises spin-out agreement with biomass startup Planktomics Algae Bioservices.

Bertelsmann-backed affiliate link builder Skimlinks takes an undisclosed investment from early stage digital media fund Greycroft Partners.

Japanese corporate fund, KDDI Open Innovation Fund, has linked up in a reported $5m co-investment deal with advertising agency Digital Advertising Consortium, to take advantage of one of the latest retail and social media apps to be launched on the Japanese market, Origami.