IDG Capital led a $14 million Series A round in DGene, a Shanghai-based provider of 3D imaging technology. The firm specializes in four-dimensional light field acquisition, rendering and display technology with applications in virtual reality, augmented reality and mixed reality. DGene's co-founders include scholars from University of Delaware and Massachusetts Institute of Technology as well as former principal researcher at Microsoft. The firm previously raised $6.5 million angel investment in 2016.

Neutron Holdings, the electric scooter and bike-sharing company known as Lime, has launched e-scooter operations in Sydney, Australia. The move is the latest expansion by the San Francisco-based firm. Lime also recently rolled out operations in New Zealand and has also launched several pilot projects in Melbourne, Australia. It also now has a sizeable presence in more than 100 cities around the world. IDG Capital invested in Lime in 2017.

British luxury apparel brand Burberry is collaborating with Farfetch, an e-commerce fashion platform, to expand its customer base in China. According to Burberry, the partnership will also help boost the 162-year-old brand's outreach to a young, tech-savvy audience in second- and third-tier Chinese cities. In 2016, IDG Capital invested in Farfetch, which is based in London and is now listed on the New York Stock Exchange.