The Qualcomm-backed scooter rental service is now valued at more than $500m, as it moves toward a projected $200m close for its latest round.

UMC Capital and the Arm-backed Hopu-Arm Innovation Fund backed enterprise AI software developer Appier in a round that almost doubled its overall funding to $162m.

University of Tokyo Edge Capital has led a series A round set to support on-demand bus transport company Swat's push into additional Asian markets.

On-demand bus transportation service Swat secured $10.1m in a round backed by public transit operators SMRT and ComfortDelGro that will fund geographical expansion and recruitment.

The bus transportation provider's series C round currently stands at $36m, half of which has come from Toyota Tsusho and Mirai Creation Fund.

Russell Greig, once president of GlaxoSmithKline subsidiary SR One, has taken the chairman position at drug developer BiomX, nine years after leaving the unit.

JMDC, Gene Techno Science, Astellas Venture Management and Nissay Capital have contributed to a $25.8m round for Keio University's heart failure treatment developer.

Alibaba's financial services affiliate is looking to raise $1bn for a vehicle that will make strategic investments in emerging markets.

EV charging services provider Newlinks Technology Group secured funding in a Nio Capital-backed series C round that took its overall funding to more than $237m.

Pan-Southeast Asia payment processing service 2C2P secured the funding having previously been backed by two subsidiaries of internet company GMO.