Xinchao Technology was among the participants in a $15m round for the semiconductor technology provider.

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

Alibaba and Lenovo both took part in a series B round for the digital wealth manager incubated at Hong Kong University of Science and Technology.

Google has reportedly supplied the funding as part of a larger round with a $7.5bn pre-money valuation that the online marketplace aims to close at $1bn.

Long-term backer Alibaba Hong Kong Entrepreneurs Fund and new investor Lenovo Capital both took part in the digital wealth manager's pre-series B round.

Nine companies will participate in the internet company’s three-month accelerator programme, which is set to launch next month.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Alibaba is set to retain a 32% stake in its financial services spinoff, which has secured regulatory permission for a dual listing that could value it at more than $250bn.

The Tencent and Didi-backed online automotive marketplace, which was valued at $1.7bn just two years ago, could sell its major assets for next to nothing.

The diagnostics technology developer picked up Jemincare and Haier Biomedical for its second funding round since spinning off from parent company 3D Medicines in 2018.