Fidelity has provided the first $410m for a round set to value the Tencent-backed social media platform developer at $10bn post-money.

The Salesforce Ventures-backed customer service software provider raised its latest funding from new and existing investors at a valuation above $10bn.

The Dongfeng, Suning and Xiaomi-backed IoV technology developer secured cash in a round led by FAW Group and backed by investors including Changchun Fawsn and Shanghai Tunnel.

SoftBank has led the ERP software provider’s pre-IPO round, with proceeds to be used for customer base expansion, recruitment, strategic acquisitions and product diversification.

Online credit banking service Upgrade has raised series E funding with the help of Koch Industries, reaching a valuation exceeding $3.3bn.

Sino Biopharmaceutical was among the participants in a round valuing the drug development technology provider at over $2bn.

The corporate-backed operator of multilingual news portal Dailyhunt and short video app Josh secured its latest funding in a round that valued it at almost $3bn.

The no-code platform developer, spun out of MIT's Media Lab, will use the cash to boost international growth and accelerate the development of new product features.

The Hanwha subsidiary is set to take an 8.8% stake in the satellite connectivity provider, helping increase its funding to $2.7bn since it was salvaged from bankruptcy last year.

Bloomberg backed the coding platform provider's series D round, which will be used for platform development, global expansion and hiring.