Services

The online services provider has raised $4bn in a Tencent-led round that included Priceline, and which valued the company at $30bn.

The wireless internet provider has secured an investment from Cisco backed Digital Alpha to expand its team and fund a new technology centre.

IdKids, Econocom, Bayard and Hachette Livre were among the limited partners to contribute to the $53.1m first close of edtech-focused Educapital's venture capital fund.

Singapore Press has returned to back the online reservation platform, investing alongside CapitaLand and Susquehanna International Group.

Property developer Sansiri has paid $12m for a 6% stake in the Singapore-based co-working space provider, which plans to now expand internationally.

GCV Analytics analysis shows that most venturing rounds have experienced growth in their median dollar size, though later rounds have experienced a more pronounced increase.

The design marketplace, acquired by Autodesk in 2014, has raised $7m in series A funding from five investors to fund its return to independence.

Salesforce Ventures and GV both took part in a series C round for Andela, the developer of an African IT recruitment platform, taking its total funding to more than $80m.

Comcast Ventures' Catalyst Fund has backed the legal research software developer's $8.7m series A round as it looks to expand into new practice areas and product lines.

Education services provider New Oriental Education and Technology is looking to invest more than $300m in education startups and another $1.5bn in larger deals.