The air carrier aims to enhance the consumer travel experience by targeting startups internationally, following investments in Boom Supersonic and iSpace just over a year ago.

Corporate-backed asset management vehicle Raystone Capital will invest in artificial intelligence developers through the fund, which secured capital from several state-owned funds.

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

Google, Tencent and JD.com are among the existing backers that have contributed to the first tranche of a round expected to close at $2bn that valued Go-Jek at $9.5bn.

Ant Financial has completed a nine-figure renminbi investment in the point-of-sale device maker in the form of series C-plus funding.

Robert Bosch has joined MediaTek, Tencent, Didi Chuxing, Advantech and Nio Capital to invest in Navinfo's smart in-car system developer.

Baidu Ventures, Focus Media Information Technology and Xizi United Holding have all taken part in a $14.7m round for the AI chipmaker that closed in September.

Hebrew University Jerusalem’s Yissum is tuning up an extension of its overseas commercialisation activities in the US, South America and China.

The Legend Capital-backed cancer technology developer has closed a $20.4 round featuring Shougang to increase its total funding to more than $27m.

The conglomerate joined fellow limited partners Temasek and Asian Development Bank to back a $50m fund raised by Ascent Capital Partners.