Legend Capital was among the investors in a round of undisclosed size for Kunlun, an AI chip subsidiary of Baidu, at a valuation of about $2bn.

Alibaba Cloud's stake in the digitalisation technology provider now stands at over 31% following the latter's $61.5m series A round.

Osaka spinout Cuorips has added $14.7m to its coffers from investors including CellSource and Fujifilm, just three months after collecting $19.3m.

The insurance comparison platform developer has added Jungle Ventures funding to cash from investors including American Family and MassMutual.

The artificial intelligence technology provider is set to raise up to $923m in an initial public offering that would score exits for Alibaba, Foxconn, Legend Holdings and SK Group.

The operator of the online marketplace platform for electronic components has pulled in new funding from existing investor JD.com.

Xiaomi-backed smart electronics provider Longcheer received $100m in a round co-led by Shenzhen Capital Group and Shenzhen Qianhai Wanrong Hongtu Investment Fund.

SIG China joined two China-based venture capital firms in the mobile sandbox platform developer's series C round.

China Merchants Group led a series C round for the antibody drug developer that was also backed by fellow corporates Tigermed and Dawn.

Lenovo’s corporate venturing arm led a pre-series B round for Style3D, a provider of 3D modelling software for the fashion industry.