Precision cancer drug developer Novellus boosted its funding total to $75.5m with a round featuring SR One and Novartis Venture Fund.

Q&A with Gen Tsuchikawa, CEO and CIO, Sony Innovation Fund and Innovation Growth Ventures

Baidu, Tencent and China Minmetals-backed electric vehicle producer WM Motor has raised $1.47bn in a series D round to support R&D, marketing and sales activities.

Zhonggu Logistics has filed for a $218m on the Shanghai Stock Exchange, providing exits to Zhonggu Shipping and SoftBank.

Unnamed corporates have provided capital for Panlin’s $148m fund that will focus on healthcare, digital transformation and smart hardware.

Digital Garage has helped launch mobile gaming platform Playco with a $100m series A round and a valuation of more than $1bn.

The website development tool provider’s Wix Capital subsidiary will invest in early-stage startups that are developing AI, e-commerce, web design and automation technologies.

The Kunlun-backed customer engagement software provider has closed its series C round at about $44m, having raised a similar amount in series C1 funding four months ago.

K Wah Group’s subsidiary has taken part in the tumour therapy and drug developer’s $29.3m round, which came a year after its $28m series B round.

Comment from Andrew Yang, deputy chief executive, Taiwan Renaissance Platform