The autoimmune disease and cancer drug developer plans to float in Hong Kong having recently secured $160m from investors including a Charoen Pokphand-backed fund.

The genomic diagnostics product developer secured $16.2m in a round led by Heda's healthcare investment arm, adding to a $9m series A in 2017.

Up Optotech-backed laser-diode chip foundry Everbright Photonics secured $21.2m in a round led by brokerage Huatai Securities.

Chinese Academy of Sciences-backed laser-diode chip foundry Everbright Photonics has now raised $63.3m since it was founded in 2012.

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

SoftBank Vision Fund made its first investment in Baidu's online education spinoff as part of a series E round reportedly set to value it at $6.5bn pre-money.

Hogil Doh has ascended to a chief operating officer position at Yahoo Japan’s investment arm, after joining in February from fellow corporate venturing unit Rakuten Ventures.

The corporates are extending a partnership that stretches back to their investment in recruitment startup TalentEx two years ago.

The banking firm joined Future Venture Capital for a $2.8m joint investment venture to back startups based in Japan’s Oita prefecture.

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