A second US-China Green Fund equipped with $350m to $400m is expected to launch later this year with the backing of Chinese Academy of Sciences.

The Alibaba and SoftBank-backed peer-to-peer e-commerce platform is looking to close $1bn to $1.5bn in funding early next year.

UMI has become a LP in Yissum's $7m Racah Nano Venture Fund as part of an alliance aimed at bringing advanced materials and nanotechnology applications to the Japan.

Biomedical materials firm Haohai Healthcare put up $14m for Recros Medica, which is commercialising a new plastic surgery technique for improving the smoothness of skin.

IIH Healthcare was among the investors in a series A round raised as Lucence prepares to launch its first precision medicine screening test for cancer.

The healthcare data analysis platform developer has secured $10.4m in a round featuring corporate backers Miraca and Digital Garage.

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

The Vcanbio-backed cancer diagnostics technology provider has filed to go public in the US having raised another $71m from investors including Alexandria Venture Investments.

Sunshine Insurance and SF Express-backed fresh produce distributor Hongjiu Fruit has raised $71.1m in a round led by CMC Capital.

Akatsuki, Dentsu, GMO Internet and Nippon Broadcasting System chipped in as the livestreaming platform raised $28.6m in a round in which DeNA sold some of its shares.