Although the pandemic will represent a damaging shock, Watanabe believes it may eventually be beneficial for Japan's startup space.

DeHaat will use the proceeds from the AgFunder-backed round to expand its retail network and bolster its big data and AI technology.

Lepu Medical and Shandong Buchang Pharma were among the limited partners that have backed the healthcare investor's latest fund.

Tencent and founding investor PLDT helped digital financial technology provider Voyager Innovations raise the first part of a new round.

AI-as-a-service provider Intellifusion attracted Tsinghua University’s investment arm for a round that will fund product development and marketing.

SAIC Motor fund Hengxu Investment and a Sinopharm-backed joint venture were among the investors in a $66.3m round for the RNA drug developer.

Lilly Asia Ventures and Johnson & Johnson Innovation – JJDC are both investing in a series A round for the cell therapy developer, a spinoff from Genscript Biotech.

Digital media company Bytedance has co-led a $14.1m round for Narwal Robotics, which produces autonomous floor cleaning robots.

Meet Your Match Malaysia will look to connect investors with startups that require funding to get through the coronavirus crisis.

Posco Capital was among the participants as Cytovant, an Asia-focused spinoff from Roivant Sciences, secured $23.5m a year after it was launched.