SAIC, BAIC and Cainiao all invested in the lidar technology developer, whose previous backers include Fosun and its Kinzon Capital vehicle.

Flipkart-backed freight shipping marketplace Blackbuck has received $27.3m in funding, with existing backer Sequoia Capital leading the round.

Marketing distribution product supplier Open8 has now raised $36m in funding after winning the backing of the corporate-backed Mirai Creation Fund.

Lenovo joined a trio of VC firms for Yunshan Networks’ series B-plus round, bringing the total raised by the IT networking services provider to $26m.

Tencent's corporate venturing department is reportedly in talks with prospective limited partners for a $650m fund that would focus on follow-on investments.

HUJ’s tech transfer arm still hopes to raise a further $3m for the fund to close it at $9m and has already invested in three technologies.

The Bertelsmann-backed short-term accommodation marketplace has raised nearly $300m in a round led by Yunfeng Capital.

Facial recognition system developer CloudWalk Technology has secured an undisclosed sum in a round that included leasing services firm Bohai Capital.

Shenzhen Huanuo Innovation was among the investors in a series B-plus round that will help the electronic components trading platform expand warehouse capacity.

The Toyota Tsusho and Digital Garage-backed online car trading platform has added series E funding to the $30m series D round it closed in May.