Sweetome has acquired corporate-backed short-term accommodation platforms City Home and iYoujia, with Tencent, Alibaba, Tujia and Trip.com scoring exits.

SoftBank's second Vision Fund could close 30% lower than its $98.6bn first fund as potential LPs continue negotiations with the corporate.

The 3D printing technology provider received $60m from Group 42 in the form of a series B1 investment that marks the corporate's third in a Chinese company this year.

Legend Capital returned as the RNA drug developer secured $28.8m in a round co-led by Panlin Capital and Trinity Innovation Fund.

Kooksoondang Brewery took part in a series B round for oncology antibody developer Hummingbird Bioscience as it prepares to move its lead assets into the clinic.

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

Japanese investors including Marubeni, SMBC and ABeam Consulting have collectively provided $180m for Vertex Master Fund II, which has a $770m target.

The automotive e-commerce and services portal was reportedly valued at $700m in a series D round led by Ping An Global Voyager Fund's first Indian deal.

Qualcomm Ventures contributed to a $60m round for last-mile delivery service Shadowfax that was led by Flipkart at a $250m valuation.

The AI technology developer has now secured about $175m in total, and has added Chow Tai Fook to corporate backers including Lenovo, K11 and Red Star Macalline.