The AI-powered driverless vehicle technology developer received tens of millions of US dollars in the Sequoia-led round, which includes re-ups from Bertelsmann and NavInfo.

The tutoring app developer increased its valuation to more than $3bn in a Tencent-led round that took its overall funding past the $500m mark.

Sun Life invested an undisclosed sum as part of the series A round, disclosed alongside news Bowtie has received a licence to sell life insurance virtually.

The trucking services platform has completed a $14.3m round that was co-led by Fosun and Bertelsmann India Investments while Mitsui Sumitomo Insurance also invested.

Unilever Ventures co-led an $11.4m round for the social commerce platform that closed five months after its $5m series A.

The CyberAgent-backed online food delivery service is valued at $2.6bn, as of a $320m round led by Hillhouse Capital that included Sequoia Capital and GIC.

Qualcomm and existing backer Hyundai both invested in a $43.5m round for Immotor's EV battery rental spinoff that was led by US-China Green Fund.

Public-owned Saudi Aramco and Saudi Information Technology Company have started a vehicle to back growth-stage information and communication technology businesses.

Online and TV shopping outlet GS Shop will back a Vietnam-based accelerator run by 500 Startups providing participants with up to $200,000 in funding.

Banking firm CIB has launched a corporate venturing division targeting early-stage fintech businesses in Egypt, Africa and the Middle East.