Fosun Group led a $14.7m round that came just two months after Alibaba invested $50m in the data centre and cloud computing services provider.

The GV-backed procurement management platform has now raised more than $27m, after completing a round led by Menlo Ventures.

The UT Horizon Fund has participated in a $14.3m series B round for Lung Therapeutics.

Chinese Academy of Sciences has led a series B round through Cash Capital, while an unnamed unit of the institution entered a strategic partnership with SpeedyCloud.

The visual marketing software provider took its overall funding to $32m in a round that included returning investor Salesforce Ventures.

The medical device producer joined Trice Medical's existing investors in a $19.3m series C round that took the orthopaedic diagnostics technology provider's overall funding above $40m.

Spun out of Queensland and Emory universities, the biotech developer has secured capital from Uniseed and the Medical Research Commercialisation Fund.

Yibuyongche has raised $19m in series A funding which will support its expansion within China and the deployment of 100,000 electric vehicles over the next three years.