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.

The TAU 3D imaging spinout has closed its seed round after previously receiving capital from the university’s Technology Innovation Momentum Fund.

Mahindra's private equity unit invested $29.3m in the ophthalmology centre operator, in a deal that enabled Matrix Partners India to exit.

Schulte Group has initiated corporate venturing activities through a new unit, Innoport, which will invest in startups developing technologies to transform the maritime transport industry.

Finarya is lining up funding from state-run bank BRI's corporate venturing unit, which is taking a 19% stake in the Mobile wallet provider.

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