China Academy of Sciences-backed Yungongchang sells industrial equipment to clients including Alibaba and Airbnb.

Conglomerate UMG's accelerator and incubator aims to close a $100m fund by 2022 with help from external backers to support its portfolio through growth rounds.

Sinopharm Capital contributed to a series A-plus round raised two months after ABM began enrolling patients for a phase 1 trial of its cancer drug candidate.

Tencent has followed its series A investment in the comics and animated content producer last year by acquiring a majority share in the company.

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

Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.

The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.

The smart electric carmaker, which has raised a reported $2.5bn from investors including Alibaba, Foxconn, UCar and Xiaomi, has set a placeholder target of $100m.

The chip manufacturing services firm is set to go public $268m in an oversubscribed offering that will enable Samsung, Xiaomi and Intel to exit.

Xiaomi has backed a $50.2m round that lifted the total raised by the SMIC-backed chipmaker to more than $80m in just over a decade.