The online education platform developer is reportedly lining up Tencent for a $1.2bn round that will value it at about $13bn.

DST Global has injected $122m to push the Tencent, Naspers and BCC-backed online education platform’s series F funding to more than $145m.

The adult education provider completed a series D round, reportedly advancing its valuation past the $700m mark in the process.

The chip analysis technology provider increased its overall funding to roughly $95m in a round led by Koch Disruptive Technologies.

Huawei's cloud computing subsidiary will underpin an Asia Pacific-focused deep tech accelerator with funding and access to resources.

The four-month accelerator programme operated by banking group MUFG’s research subsidiary has begun accepting submissions by startups focusing on post-pandemic realities.

The medical research services provider received nearly $43.5m in a round that came seven months after an investment from China Life Private Equity.

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

The Novel, PayPal and Qualcomm-backed finance management app developer has boosted its valuation to $2.6bn and its overall funding to $530m.

KKR has led a $150m round for Huohua Siwei that included Longfor Properties, after the online education provider added 100,000 users in under five months.