Provided by Matrix Partner China and Ceyuan Ventures, the series A capital will help Renmin natural language processing spinout Elens mature its product development and R&D capabilities.

Biotherapeutics developer Kanova has secured capital from investors including Tsinghua University-managed Lotus Lake Ventures.

Tiger Global and DST Global have invested $21m in the mobile wallet developer, which already counted Telkom Indonesia unit MDI Ventures as investors.

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

Wind turbine producer Goldwind returned and 36Kr Fund also invested as Tsinghua's rocket technology developer LandSpace secured $43.2m in a series B-plus round.

Alibaba-backed Babytree priced its shares at the foot of its range and will raise $217m at a valuation of $1.5bn, down from $2.2bn earlier this year.

Wind turbine producer Goldwind returned and 36Kr Fund also invested as rocket technology developer LandSpace secured $43.2m in a series B-plus round.

Kingdee supplied a reported $26.5m in funding for HR software provider Xinrenxinshi, taking its funding to $40m so far this year.

Sumer Juneja has left Norwest Venture Partners after 10 years to head up Indian investments for the corporate, already an investor in Ola, Oyo and Grofers.

Research from Chinese Academy of Sciences will benefit from a vehicle backed by the government of Guangzhou in areas including intelligent manufacturing and energy efficiency.