Archer Daniels Midland and Wilbur-Ellis have both invested in an $18.2m round for sustainable protein developer Geltor through their ADM Ventures and Cavallo Ventures units.

Irit Kahan has been promoted to lead Deutsche Telekom Capital Partners' Israel office as Guy Horowitz moves to its Silicon Valley base.

Ride hailing platform Grab raised the money from the travel and accommodation booking service through a partnership deal that will allow them to offer each other's services.

Sina invested $5m as online financing platform Pintec, which also counts Xiaomi as an investor, went public in a $44.3m initial public offering.

Rakuten has scored an exit from digital invoicing platform MakeLeaps after Ricoh agreed to buy the company for a reported eight-figure amount.

Guohua Life Insurance and 58 Group supplied series B funding for online insurance platform Wukongbao, adding to $15.3m in pre-series A funding in 2016.

Sumit Jain has taken on a managing partner job at Sistema’s Asia Fund on the back of nine years at Kalaari Capital which included a role in seeding two VC funds.

TAL Education joined conglomerate Fosun and VC firm Shunwei Capital in a round for parenting app developer QinBaoBao sized in the eight-digit dollar range.

Nomura Holdings, Daiwa Securities, Mitsubishi UFJ, Sumitomo Mitsui Financial and Mizuho Financial will aim to raise up to $1.78bn for the fund, in partnership with China Investment Corporation.

Baidu is in talks to provide half the funding in the prospective round while another of the EV producer's existing investors, Tencent, could also take part.