Fund for early and growth-stage startups targeting blockchain, decentralised finance (DeFi) and digital assets.

9Unicorns is also backed by OPG Group, MBG Group, Parakh Foods, Qualcon International, UB Cotton and corporate executives.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The Lepu-backed genetic cancer therapy developer has completed a $94.9m round co-led by CICC Capital, Share Capital, Vertex Ventures China and Qianhai FOF.

Today's deal net contains news from RAW Labs, Neuropain Therapeutics and Swajal.

The life sciences research technology developer has received funding in a series A round co-led by corporate investor ABclonal.

Phable, developer of a chronic disease assistance app, has secured funding in a round led by healthcare provider Manipal Hospitals.

Penta Security's V2X security software spinoff received nearly $13m from investors including IBK, Kookmin Bank and Hyundai Venture Investment Corp.

Q&A with Tiffine Wang, investment partner, MS&AD Ventures

Wanxiang International Investment co-led a round for the automated trucking system developer that included existing backer Full Truck Alliance.