The Fosun-backed smart apparel technology provider has filed to raise just over $50m on the Shenzhen Stock Exchange’s ChiNext market.

The business optimisation services provider has pulled in series B-plus funding through a round co-led by Ipsos that will fund R&D work.

A Xiaomi industrial fund was among the investors in series B and B-plus rounds for the smart manufacturing technology provider that totalled an eight-digit dollar amount.

The pharmaceutical firm has transferred China-based business development director Manabu Aruga to its Tokyo headquarters where he will oversee corporate VC deals in Asia.

Saudi Arabia-headquartered online learning platform developer Noon Academy has received pre-series B funding in an STV-led round.

The digital fintech provider pulled in $80m through a series C round co-led by SCB 10X and backed by Aioi Nissay Dowa, Toyota Financial Services and Sumitomo Mitsui Banking Corporation.

The Fosun-backed automotive parts trading platform boosted its total series B funding to $130m with a series C2 round led by Greater Bay Area Homeland Investments.

Fosun was among the participants in an eight-figure round for new materials producer Mingxun Hi-Tech Material that will support product development.

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

The nutrition and biotechnology company is accepting applications for its five-month Ajinomoto Group Accelerator initiative, which is scheduled to begin in December.