Tencent and existing backer Nio Capital both invested as autonomous driving software developer Momenta took its overall funding to $200m.

The fund is reportedly lining up the debt financing from the banks serving as underwriters for the $27bn IPO of SoftBank's wireless division.

The food ordering platform has reportedly drawn up a term sheet for a $900m primary and secondary round led by Naspers and backed by Tencent.

Al Tayyar and Rakuten are reportedly among the existing investors that provided $200m for on-demand ride platform Careem at a $2bn valuation.

Source Code Capital and an unnamed sovereign wealth fund have provided capital for Edianzu, the IT equipment supplier backed by Lakala.

The two-wheeled vehicle producer is acquiring a stake greater than 25% in electric scooter developer and new strategic partner Twenty Two.

Seven months after raising $818m in a series C round led by Tencent, Chehaoduo has added $162m in series C-plus funding alongside a $430m commitment from the city of Kunshan.

The mobile cybersecurity technology developer has added $28.8m in a Gaocheng Capital-led round that came just over a year after a Fosun RZ-led round.

Dentsu and Scrum Ventures have formed an accelerator for sports technology startups known as Sports Tech Tokyo.

Legend Holdings, Eli Lilly, Ping An, China Life and Taikang Insurance are in line for exits as Innovent Biologics gears up for an initial public offering sized at $400m to $500m.