STV has participated in a series A round for Raed Ventures-backed on-demand truck booking service Trukker, which is eyeing recruitment and customer experience improvement.

Xiaomi has made a strategic investment in the electric vehicle manufacturer’s $400m series C round alongside several unnamed new and existing backers.

Paytm has revealed it invests an average of $28m to $35m in startups each year but has now set aside $70m specifically to back early-stage artificial intelligence technology developers.

AI Medical has revealed corporates including Japan Post, Aflac and Sumitomo Mitsui Banking Corporation among others as backers to its previously announced series B round.

KDDI, Mitsubishi UFJ, Itochu and Sumitomo Mitsui Banking Corporation all scored exits after enterprise software developer Smartcamp was bought by Money Forward.

CyberAgent-founded crowdfunding platform has applied for an initial public offering on the TSE Mothers Market that it expects will fetch it a $155m valuation.

Alibaba's nonprofit Hong Kong Entrepreneurs Fund will move into biotech, augmenting its existing portfolio focus on AI, fintech and smart cities.

Alibaba has increased its shareholding to 63%, having already acquired a majority stake in the logistics platform, also backed by Fosun and Intime Retail Group, two years ago.

Ant Financial and Nikkei-backed 36Kr has raised just a fifth of its original IPO target and shares took another 10% hit on the first day of trading.

Yaron Daniely has called time on his time at HUJ’s Yissum and the Israel Technology Transfer Organization to join biotech-focused VC vehicle aMoon.