IT

Intel and New Enterprise Associates have co-led a series A round for computer vision startup Matroid, based on research by Stanford professor Reza Zadeh.

Intel and New Enterprise Associates have co-led a series A round for computer vision startup Matroid, bringing its total funding to $13.5m.

Technology with the potential to produce complex metal components more efficiently and cheaply has underpinned the success of US-based Desktop Metal.

Bicycle rental platform Mobike has had a hugely successful 2017 so far, with two multimillion-dollar funding rounds as well as expansion out of its native China into Southeast Asia and, most recently, Europe.

Summit Bridge Capital led a series D round that increased the Intel Capital-backed mobile marketing software developer's total funding to more than $75m.

AddVentures, the corporate venturing arm of Thai conglomerate Siam Cement Group (SCG), has been named new entrant of the year in the 2017 Global Corporate Venturing Asia Congress awards. The fund was set up in June this year and will be funded by SCG to the tune of up to $85m over the next three to five years.

The huge strides made by Tencent Investment since 2015 are largely the result of its increased appetite for dealmaking on a grand scale as well as its willingness to look outside of China for new ventures.