Qihoo 360 spinoff Beijing Qianxin Technology has received approximately $542m from China Electronics Corporation at a valuation of $2.4bn.

Samurai Incubate Fund VI, backed by corporates such as Keikyu, Mitsui Sumitomo Insurance and Seino Holdings, is set to start accepting applications for the second edition of The First Movers program.

Midea Real Estate and Red Star Macalline helped Orvibo raise $18.8m of series C capital, taking the smart home technology supplier’s total funding to almost $48m.

Myeg helped increase the AR goggles and software developer's series B round to $32.4m, adding to a $14.9m first tranche backed by Meitu in 2017.

The Intel-backed health product retailer has received $25m from investment firm Sofina in the form of series G 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 university announced an incubator tie-up with Bangkok Bank that will support entrepreneurial faculty and students, as well as an initiative intended to glean insights from international partners.

BGI's gene sequencer spinoff, MGI Tech, has secured $200m in funding from Goldstone Investment, Green Pine Capital and Orient Securities despite a reported $1bn target.

DeNA plans to raise approximately $91m for an investment fund in which it will be the general partner, kickstarting its CVC activities after an 18-month gap.

Alibaba returned to reinvest in Megvii as part of a series E round that valued the facial recognition software provider at more than $4bn.