WM Motor, Fosun and Bertelsmann Asia Investments have reportedly exited app-based bicycle rental platform Hellobike as it gears up to raise money.

Mitsubishi UFJ Financial Group's MUFG Innovation Partners unit will target Japanese and Southeast Asian fintech startups, and its first portfolio company is Moneytree.

SMBC, Shinsei Bank, Mitsubishi UFJ and Kyoto Chuo Shinkin all backed cancer therapy developer Chordia Therapeutics’ latest round, which follows a Takeda-backed series A.

Hindustan Times and Singapore Press Holdings could both exit the business media platform in a purchase by Financial Times expected to close this month.

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

The cloud application security technology provider has now raised more than $100m altogether, having secured cash in an M12-backed series C round.

Aditya Kumar, an ex-SoftBank corporate venturer who joined ride hailing service Go-Jek last year, has taken a role at its corporate venturing unit.

Clal Insurance and SCB Digital Ventures returned to help provide series C funding for the asset management software provider, having backed its series B last year.

Existing investors Aurora and Fosun RZ Capital both contributed to a $14.9m round that was co-led by Mandra Capital and Haitong Creative Capital.

Elara Technologies has acquired home rental platform FastFox for an amount likely to be about $15m, enabling CyberAgent to exit.