Synthetic silk developer Spiber, backed by Godwin and Dai-ichi Life, has now raised a total of more than $260m.

Synthetic silk developer Spiber spun out of Keio University in 2007 and has now raised a total of more than $260m.

Lilly Asia Ventures has contributed to a $35m funding round for Elpiscience which has brought its overall funding to $55m.

The Bertelsmann India Investments-backed education course provider is reportedly in talks to raise $40m in a series C round led by Sequoia.

Alibaba has led the logistic information and service provider's series C round, bringing Keking's overall funding to $187m.

The ride hailing app is in advanced talks to invest $100m in the round which includes contribution from SoftBank Vision Fund and values the hotel operator at $5bn.

CV Starr and SIG were among the investors in a series B-plus round for online insurance services platform Nanyan.

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

Yamaha has joined existing investors in the series B round which was secured alongside a $100m asset financing deal backed by Anypay.

Cheng Choong Hung, formerly of Nanyang Technological University’s innovation arm, allegedly cheated organisations including NTU of $225,000.