The GV and Universal Music-backed fashion e-commerce platform has expanded its seed round to $5.5m and is one of Y Combinator's latest batch.

Sony and Samsung were among the investors in a $9.8m round that took the eSports streaming startup's overall funding to $17.5.

University of Massachusetts Medical School spinoff Apic Bio has raised seed capital from The Alpha-1 Project as it looks to develop a treatment for Alpha-1 Antitrypsin deficiency.

Energy analytics platform developer Innowatts has raised $6m in a series A round led by Shell Technology Ventures that included Iberdrola's corporate venturing unit.

Bloomberg and New York Life-backed cybersecurity software provider Versive has raised $12.7m, increasing its overall funding to almost $55m.

Amazon Alexa Fund has exited Dragon Innovation through an acquisition of undisclosed size by design and supply chain services firm Avnet.

Smart commercial lighting developer Digital Lumens, which has raised about $60m from investors including Nokia, is reportedly set to be bought for a mid-sized eight-digit sum.

Tencent has participated in a round that valued the online education platform at more than $1.5bn, taking its total funding past the $325m mark.

Alibaba has teamed up with venture capital and innovation company InnoSpring for an innovation centre in the Shanghai district of Jiading that will focus on foreign startups.

The corporate has agreed to acquire hyperconvergence software provider Springpath, two years after its Cisco Investments unit invested in the company.