New Oriental Education & Technology Group co-led the online education management platform's series B round with China Growth Capital.

Sinopharm Capital helped supply funding to orthopaedic-focused device maker Suzhou and Science Technology Development, with the latter eyeing new products in areas including sports medicine.

SoftBank Vision Fund is reportedly seeking $15bn as a top up in advance of a second iteration of the $98.6bn investment vehicle.

Alibaba-backed social influencer network Ruhnn floated in the middle of its range in the US, with Weibo buying $8m of shares.

Bitmain took part in the first tranche of an IDG Capital-led series C round that values the cryptocurrency trading platform at over $1bn.

The industry-academia partnership will start out with collaborations in the healthcare, robotics and human resources spaces, including a sports science tie-up with a Rakuten-owned baseball team and plans for software development hackathons.

Alibaba has paid an undisclosed sum to acquire collaboration software tool developer Teambition, enabling Microsoft and Tencent to exit.

The bicycle rental service, which counts Ant Financial, Fosun and WM Motor among its investors, is said to be targeting $500m to $1bn in its next round.

Existing investor Mahindra & Mahindra is reportedly in line to lead the car rental platform's next round with an investment of between $300m and $400m.

The healthcare management software producer received $74m in a series C round backed by China Pacific Insurance and will use the cash for product development.