The currency processing equipment provider has backed a $9.6m round that pushed mobile payment technology developer Showcase Gig’s total funding to $48m.

The fitness class provider roughly doubled its valuation to $2bn in a round led by SoftBank Vision Fund that included Bertelsmann Asia Investments and Tencent.

Tencent participated in the HR management software provider's series D round, which was disclosed together with $50.5m in series C funding.

Alibaba-affiliated Bow Wave Capital Management has invested $175m in the financial services provider, a joint venture by Globe Telecom, Ant Group and Ayala.

The endocrine disease drug developer completed a series B round that included $125m from former parent company Ascendis.

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

MUI formed Pan Malaysia Ventures (PMV) last year and has invested up to $200,000 each in six startups.

David Fernando Audy, Mulyono Xu and Pascal Christian-Sarana are joining the team of the Yahoo Japan and Sinar Mas-backed venture firm.

Artificial intelligence processor developer Horizon Robotics added $400m in series C2 funding to the $150m it raised last month.

Fabrics trading platform developer Baibu has closed a series C-plus round led by GLP subsidiary Hidden Capital and has now raised $540m inside three years.