Itochu, SBI Investment, Nippon Gas, UFI Futech and SMBC Venture Capital all invested as mobile payment technology developer Pring raised $11.4m.

Peer-to-peer lending platform PPDai was among the investors in a $14.4m round for the online insurance portal, whose earlier investors include Fosun Kinzon Capital.

Bicycle sharing platform Hellobike has entered discussions with SoftBank for an investment as part of a $400m round that would value it at $2bn.

Nutrien, Sumitomo Corporation Europe and Wilbur-Ellis unit Cavallo Ventures all came in as new investors for the agricultural monitoring platform's series B round.

The carmakers have supplied $250m in connection with an electric vehicle promotion deal, and the round already includes Toyota, Ping An, Microsoft and Citi Ventures.

Ant Financial was among the participants in a series C round for the rural microfinance and financial trading provider that was led by Rise Fund.

Hotel smartphone provider Tink Labs already counts Foxconn and TCL as investors but has reportedly approached travel and hospitality companies for funding at a $1.5bn valuation.

Microsoft-backed automated drone provider Airobotics took its total funding past the $100m mark with a round led by Singapore's Pavilion Capital.

Tencent is contributing $250m to a larger funding round reportedly being raised by online education platform Yuanfudao at a valuation of $2.8bn.

The corporate revealed it has backed 600 companies, more than 100 of which achieved $1bn-plus valuations, and it will now move further into industry-based deals.