Giant Network Group has returned for the co-working space provider's latest round, having backed its series B in March.

Essel Group has invested $43.7m in ZipGo through its Essel Green Mobility subsidiary that will fund the expansion of its bus service.

The smart electric vehicle producer, whose largest investor is Tencent, was valued at $5bn as of late last year and has filed to go public in the US.

The e-commerce firm has joined Sequoia Capital China and the state-owned China Reform Holdings for a late-stage fund with a $5.8bn target.

Antibiotics developer Bugworks Research has been backed by Utec in its bid to commercialise a treatment for hospital superbugs.

Fresh produce distributor Wangjiahuan has raised $58.5m from Global Logistic Properties subsidiary Hidden Hill Modern Logistics Private Equity Fund.

Jennifer Xuan Li has moved from an investment position at Baidu to a similar post at SenseTime, which is becoming increasingly active in corporate venturing.

Hakim Unique is the largest external shareholder for the Chinese vehicle-backed loan provider, which is set to float in the US.

New Oriental Education and Technology will invest in education-focused startups through a fund backed by fellow corporates 51Job and Sunlands Education.

Tencent invested in the audio streaming platform as part of a round that valued it at about $3.5bn post-money.