GLP and China International Marine Containers-backed Yidaichu has allocated the $17.4m it raised to hiring staff, further developing its technology and improving its core offering.

Ingka Group, a franchisee of furniture retailer Ikea, invested a reported $10m to $15m in interior design services platform Livspace, which will use the cash to expand its offering.

Susquehanna International Group has led a series B round for elderly healthcare services provider Shanzhen that was in the eight-figure dollar range.

The university has signed up Grab Ventures Velocity, part of ride hailing service Grab, to its new UI Works startup accelerator.

The JD.com-backed IT equipment leaser has received a nine-figure renminbi sum, adding to the pre-series B financing it raised in March.

Lenovo Capital and Incubator Group returned to back Semidrive in a nine-figure renminbi round, after previously investing in the automotive-focused chipmaker last year.

EquiTrust-backed clothing e-commerce company Luxury Closet has collected $11m, taking its overall funding to nearly $30m.

Telecoms firm InTouch Holdings has reserved approximately $6m to invest in seven startups this year, four of which are already at the due diligence stage.

SinoUnited secured $14.4m and the Kuok Group-backed round will support the hiring of more doctors and the opening of additional healthcare centres.

Farm e-commerce company On the Slope has won support from Kyoto University’s KU-iCap, with the funding allocated for expansion in several Asian countries.