The security system developer has joined forces with investors including controlling shareholder China Electronic Technology to form an investment fund to target areas such as IoT and robotics.

Alibaba’s Electronic World Trade Platform has returned to lead a $100m series D round for KK Group that pushed the online and offline marketplace’s valuation beyond $1bn.

Andreessen Horowitz has led a $400m round for the data preparation software provider based on UC Berkeley research, more than doubling its valuation to $6.2bn in eight months.

Microsoft contributed to a $400m round for the data preparation software provider that more than doubled its valuation to $6.2bn in eight months.

Tencent has led a series E-plus round for Taimei as part of a capital influx totalling $212m, with SoftBank's SBCVC unit also among the investors.

The global positioning technology producer, which was co-founded by Alibaba and Norinco, secured the cash at a $1.84bn valuation.

Salesforce-backed app assessment platform Pendo has achieved unicorn status following a series E round that nearly doubled its total funding to $206m.

The electronic invoicing specialist has raised series B funding in a Tencent-backed round that is the same size as its previous round last year.

The edge computing technology developer revealed it has raised a total of almost $280m, $145m coming from a series C round co-led by HPE.

Online automotive marketplace Cars24 has secured $100m for its series D round, $52m of which came from investors including KCK last month.