Tencent has provided a nine-figure renminbi sum for Eastern Jinxin as part of a data research and development partnership with its cloud computing subsidiary.

AgFunder plans to establish an accelerator in Southeast Asia in addition to two corporate venturing funds to invest in the participants.

Media group Nikkei has bought a controlling interest in corporate-backed financial news publication DealStreetAsia, allowing Singapore Press Holdings to sell shares.

The conglomerate's $150m investment fund will seek out startups developing disruptive technologies relevant to its subsidiaries, which will provide the capital for the Kickstart Ventures-managed fund.

Kunlun Wanwei participated in a $44.5m round that will help the Tencent-backed company add additional subjects to its video-based education platform.

Sports Tech Tokyo, a joint sportstech accelerator initiative between Dentsu and Scrum Ventures, has chosen the first group of startups since its launch in October last year.

The cell culture medium developer has reeled in $14.9m from investors including strategic partner WuXi Biologics in its series A-plus round.

Naspers Ventures invested $8.2m in the carpooling management service as part of a $14.3m round that also featured Sequoia Capital India and Venture Highway.

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

Hitachi will begin investing through the newly formed Hitachi Ventures in June, and the unit’s CEO will be ex-3M New Ventures president Stefan Gabriel.