The social parenting community operator counts Alibaba, Fosun, Tal Education and Jumei as shareholders and is seeking a $5bn valuation.

The genomic drug developer has secured $15m in a pre-series B round led by Lilly Asia Ventures that included Huagai Capital, IDG Capital and WI Harper.

SoftBank Ventures Korea invested in Mykoon, the owner of social radio platform Spoon, alongside KB Investment and Goodwater Capital.

Prosperity Holdings led a $43.5m round for the co-working space provider, which already had several corporate backers, at a $1.8bn valuation.

Nobutake Suzuki, former partner at Global Brain, has returned to Mitsubishi UFJ Financial Group as a managing director.

The motion control technology producer has set up an $85m corporate venturing unit, Nabtesco Technology Ventures, with Emerald Technology Ventures.

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.