Cloud-based identity security company Ping Identity has raised $35m in a late-stage round featuring SAP Ventures that will be used to meet customer demand.

Lowe's is considering the formation of a corporate venturing unit, after leading a $27.6m series A round for home improvement network Porch.

Online travel agency Woqu has raised $20m in a series B round led by Tencent, five months after the company's official launch.

Smart home technology developer Leeo has revealed $37m in funding since being founded last year, from backers including E.ON and Formation 8.

Data and storage platform Formation Data has raised $24.2m in a series A round that included participation from Dell's corporate venturing arm.

LED hardware manufacturer Kateeva has raised $38m in a series D round that included Samsung's corporate venturing arm, lifting its total funding to $110m.

Medical company Acusfoucs has added $21m in capital as it waits for approval from the FDA on its Kamra inlay, which is designed to treat near-vision loss.

Biotechnology company Scholar Rock has raised $20m in a series A round featuring Kraft Group that will fund the development of novel biologic therapeutics.

The Merck Serono spin-off has now secured $43m over two rounds as it prepares to advance its lead product candidate, which is targeted at diabetes sufferers.

The smartphone producer has co-led a $37.2m series B round for peer-to-peer lending platform Jimubox.