IT

Hong Kong X Technology Fund was established to support participants in an accelerator co-founded by professors from HKUST and University of Hong Kong.

It is, as these deals in the past week show, a remarkable time in sports and content as the change in distribution routes also affects the $40bn advertising industry.

Seed investor Bloomberg Beta returned to contribute to the web development startup's latest round, alongside Andreessen Horowitz, Tank Hill Ventures and Designer Fund.

Existing investor Santander InnoVentures returned for the identity verification technology developer's $13.9m series B round, closed eight months after its series A.

Citrix Systems was among the investors in the latest round for business planning technology provider Kyndi, a graduate of its Citrix Startup Accelerator in 2015.

The Juniper Networks, Wargaming and CME Group-backed secure messaging system developer has now raised about $82m in the five years since it was founded.

Lenovo Capital and Incubator Group has led an eight-figure renminbi round for Beijing NED+AR Display Technology, a developer of augmented reality optical modules.

Twilio and Salesforce have contributed to a Social Capital-led series A round closed nine months after the one-to-one messaging platform's $3m seed round.

IT services firm Wipro's newly launched Silicon Valley Innovation Center will support the work of the company's corporate venturing vehicle, Wipro Ventures.

Strategic partner Sinosoft was among the investors in a $14.9m round that came after cloud services and software provider T2 closed a Lenovo-backed series A in 2016.