NetEase is looking to launch a $300m IPO for Youdao, which could value the Legend Holdings-backed online education services provider at $2bn.

The tobacco company's investment arm will extend its reach into Southeast Asia and has launched a startup competition in the region.

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

Returning investor Singtel Innov8 took part in the round together with Kickstart Ventures, allowing Igloohome to bolster its research and development budget.

JD.com took part in the Fosun-led round, which will enable the parent-focused content platform to expand its e-commerce business.

Japan-based cryptocurrency exchange DeCurret has raised $31m from a dozen corporates such as Internet Initiative Japan, Sumitomo Life, KDDI and Toppan Printing.

Fidelity International has provided more than $11m to the skills trading platform operator backed by Sumitomo Mitsui, Nippon Life and Voyage Group.

Singapore Post-backed logistics network operator Rivigo has increased its series E round to $65m following a second close co-led by Warburg Pincus and SAIF Partners.

AppLovin has purchased the producer of a management platform for mobile software development kits, handing an exit to Samsung.

Leapstack Data Technology will put the money from the PPDAI Group-backed $14.5m round to partner additional insurance companies in China.