The online education provider pushed its total funding past $1.5bn in a round co-led by Tencent that valued it at $7.8bn.

Hillhouse Capital and Chen Yi Investment are making a secondary investment in the Hualan Biological Engineering spinoff which is now valued at more than $1.9bn.

SiE Consulting was among the existing backers that joined Sequoia China for a $14.1m round that doubled the IT procurement startup's total funding.

The online streaming service, which had raised $95m from SingTel, Warner Bros and Sony Pictures, has filed for liquidation following a failure to scale in the fact of stiff competition.

SoftBank China Venture Capital returned for a $42.3m round that will support the international growth of Huilianyi's expenses management software.

YJ Capital returned to reinvest in a $13.9m round for the laundry app developer alongside Globis Capital Partners and Raksul.

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

The big data technology provider increased its overall funding to $786m in a Tencent-led round that also featured fellow corporate Kuaishou.

Tepco Power Grid helped the specialised care software developer take its latest round, which already included Line, Mixi, Aioi Nissay Dowa, Akatsuki, Global Kids and Konica Minolta, to $14.3m.

Nana, which has seen demand for its online grocery-ordering app skyrocket in recent days, secured $18m in a series B round co-led by Saudi Technology Ventures.