37 Interactive Entertainment and existing backer TAL Education both invested in a $14.4m round for the children's literature platform.

The automotive parts producer intends to invest $26.3m in robotics, semiconductor, advanced materials and car components technology in the next two years.

SoftBank was among the investors in a round for Alibaba's recently merged local services platforms Ele.me and Koubei that valued it at $30bn.

The Tencent, Bertelsmann and Ping An-backed owner of social commerce platform Mogujie is looking to raise $200m in the offering.

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

Tsinghua University has led a round for Trifo, with the funding to support the launch of the startup's smart home robot.

Grab has added $50m from Kasikornbank to a round sized at $2.7bn, following a $250m investment by Hyundai and Kia earlier this week.

In-game services marketplace Overwolf has raised $16m in a round led by Intel, the company with which it formed a $7m fund earlier this year.

The university venture fund, once established, will be the first of its kind for Waseda University and will be raised in partnership with Well Investments and Beyond Next Ventures.

Fujifilm, Olympus and TechMatrix were among the participants in a round that boosted medical imaging technology spinout LPixel's funding to $35m altogether.