Services

The telecoms firm's $5m Smart Axiata Digital Innovation Fund has provided funding for Morakot Technologies, Aniwaa and Joonaak Delivery.

The R/GA-backed e-commerce returns service has raised series B funding that will go to product development and an expansion of its partner network.

The customer relationship management software producer launched four specialist funds with $250m of capital and scored big on the IPO exit front.

The customer service enhancement platform increased its overall financing to $26m in a $14.8m round featuring existing backer Salesforce Ventures.

The co-working space provider raised $45.6m, three months after securing $178m in a pre-series C round featuring Aikang, Beijing Xingpai, Beijing Land Capital and Star Group.

Tencent added huge private equity deals to investments in the likes of Meituan-Dianping, Go-Jek and Flipkart before a run of huge IPOs late in the year.

The Google owner committed big money to Lyft and Airbnb as GV increased its late-stage deals, formed an AI fund called Gradient and exited from Snap and Cloudera in IPOs.

The educational publisher's newly formed EdVentures unit will back edtech startups, supplying funding, resources, networking and expertise.

The telecommunications group raised almost $98bn for its Vision Fund and dominated the tech VC space in 2017.