Founded in November last year by the former CEO of ZTE, 5G application developer Hongshan IT has secured $14.5m in funding.

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

The Vietnam-focused venture fund has received an undisclosed amount from Mirae Asset-Naver Asia Growth Fund through a strategic partnership.

The Time Internet-backed online content platform has increased its total funding to more than $20m with a round led by venture firm Qiming Venture Partners.

CyberAgent, GMO, Japan Post, Nikkei, Nippon Life, Recruit and Salesforce-backed Sansan priced its shares at the top of its range today and will raise $360m including the over-allotment option.

Digital Garage-backed peer-to-peer property marketplace NoBroker has now raised more than $71m altogether and will use the series D proceeds for further expansion.

Tencent returned to reinvest in the AI chip developer through a $43.4m round that comes in the wake of a larger round last August.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

ByteDance has paid $182m for a 30% stake in sporting media portal Hupu as the latter prepares to go public in its home country of China.

The daily grocery delivery service has now raised about $28m to date, securing $10.5m in a Unilever Ventures-led round.