The semiconductor-focused venture firm has recruited SK Hynix, EmbedWay, Huafon and Guangzhou Fengshen Motor for a fund of undisclosed size.

Hui-Gene collected $14.2m from investors including WuXi AppTec and the Mayo Clinic-backed Huimei Healthcare Management to progress its gene therapy pipeline toward clinical testing and production.

Temasek could reportedly invest in CureFit at a valuation of $800m, three years after UC-RNT Fund supplied $25m to the wellness services provider.

SoftBank, Tencent, Didi Chuxing, Hyundai and Kia could be in line for exits as on-demand ride provider Ola starts setting the ground to go public.

Temasek could reportedly invest in CureFit at a valuation of $800m, less than six months after Unilever Ventures participated in a $120m round for the wellness services provider.

Bank Mandiri's fintech-focused investment arm has hired former MDI Ventures vice-president Joshua Agusta as director of fund investments.

Pharmaceutical research provider Tigermed co-led a round sized at nearly $71m for the cancer drug developer, which was spun off from Eddingpharm.

Tengelmann Ventures and corporate JV Asia Pacific Internet Group have exited online automotive retail platform Carmudi's local spinoff in an acquisition by CarDekho.

The Amazon and Intact Financial-backed insurance provider is raising $40m to $42m in a round that will include $20m from Benny Binsal.

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