Tigermed and Sinopharm-CICC contributed to a round that will support clinical testing for Hinova's pipeline of cancer and metabolic disease candidates.

The Sistema-backed e-commerce marketplace has confidentially filed for an initial public offering in the US that would value it at $3bn to $5bn.

The Israeli investment arm of Access Industries joined Workday Ventures to help bring the human resources software provider's overall funding to $89.5m.

Prosus Ventures led a series B round for on-demand ride provider Bykea that lifted its overall funding to $22m.

SAIC Hengxu participated in a $14.7m round for semiconductor technology developer Shanghai ChipOn Microelectronics Technology.

Stripe has led a $12m round for online payment software provider PayMongo follwing a seed round in mid-2019.

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

Ayala has anchored the fund, while Globe Telecom also invested and helped push the fund past its original $150m target to make it the Philippines’ largest vehicle to date.

Joyson Electronics has farmed out a stake in its smart driving subsidiary Joy Next to investors including Baofeng Energy and Ningbo Gaofa Automotive Control System.

The insurance provider has committed $100m to the Life Science Impact Program, which is managed by Grove Street Advisors and will focus on healthcare businesses.