Xi'an Jiaotong University's foundation was among the investors in domestic services booking platform 24tidy as the company increased its total to at least $62.7m.

The fund will invest a total of up to $100m in artificial intelligence startups and has already made its first investment in facial and object recognition company AnyVision.

The company will take its wearable technology and healthcare platform to Japan following a Mitsui-led series B round that was worth between $30m and $35m.

Legend Holdings has backed the insurance brokerage whose existing shareholders include Tsinghua Holdings and Fosun.

Smartphone maker Xiaomi led the fintech platform's series A round which featured Harvest Partners and existing backer Beijing Qingquanshi Investment Center.

Berjaya Group and Sinar Mas have co-led a series A round for microlending platform Oriente.

SK Holdings is set to invest $240m in the copper foil manufacturer as the corporate pursues a strategy to increase its ecosystem of electric vehicles-related companies.

Ireland Strategic Investment Fund has led a $200m series C round for Wuxi NextCode after the latter’s acquisition of ISIF and GV-backed Genomics Medicine Ireland.

The company has raised $14.4m from investors including Tsinghua University’s THG Ventures for its range of integrated circuit design services.

The cross-board payments provider has reached the first close for a targeted $45m round thanks to a first tranche backed by Telkom Indonesia, Kasikorn Bank, Rocket Internet and SBI.