University of Tokyo’s Utec has extended its foray into Indian VC investments by starting an accelerator in partnership with local venture fund Blume Ventures.

Logistics company Global Logistics Properties has co-led a series B round for Zongteng, a cross-border logistics services provider, with Cathay Capital.

Alibaba owns almost 9% of the Chinese social media influencer network, which has filed to go public in the US.

The digital contract signature platform has collected $59.2m in a round that was co-led by Tencent, with the proceeds earmarked for hiring and product development.

The 500 Startups Japan team have spun off as Coral Capital and launched a $45m fund backed by Mitsubishi Estate, J-Power, Mizuho Bank and Shinsei Bank.

Building on early development funding from TAU’s Technology Innovation Momentum Fund, Trobix Bio has spun out to commercialise an approach to overcoming antibacterial resistance.

Kao Yuan University's Gintel has created water quality monitoring systems that can provide information on 50 parameters of toxicity and recommend remedies.

SoftBank Vision Fund invested $1.46bn to take Grab's series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.

SoftBank Vision Fund invested $350m in Delhivery at a $1.6bn valuation as part of a $395m round, and it now owns a 23.4% stake in the logistics services provider.

The Tencent-backed fantasy sports platform will reportedly be valued at between $1.3bn and $1.5bn following the rumoured $100m investment from Steadview Capital.