Fresh.Fund has joined forces with University of Haifa to launch a student-run university seed fund, following up its prior collaboration with Ben-Gurion University of the Negev.

Smart sensor developer BYD Semiconductor has spun off from its parent company, electric vehicle producer BYD, with $265m secured at a valuation topping $1.3bn.

Appliance manufacturer Gree bought $89m of shares in an initial public offering in which the oncology therapy developer floated at the top of its range.

The Xiaomi, Intel and Samsung-backed semiconductor and silicon production services provider is valued at more than $420m and is set to float in Shanghai.

The Vietnamese e-commerce platforms have reportedly agreed to merge subject to regulatory approval, having jointly raised nearly $300m from backers including SoftBank and JD.com.

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

The Tencent and Lenovo-backed grocery e-commerce platform has closed its latest round, shortly after reports suggesting it was lining up $500m.

Xiaomi has invested about $103m in a cash-and-shares deal that involved it increasing its stake in the power bank provider to almost 50%.

Trip.com participated in a $14m series B-plus round for the hotel management software provider through subsidiary Shanghai Kehui Investment.

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