Sectors
Autonomous electric car developer Nio has raised more than $1bn in a Tencent-led round that valued it at about $5bn.
SoftBank revealed the enlarged size of its Vision Fund in its quarterly earnings report, with the additional $4.5bn coming directly from the corporate.
Taikang Insurance’s Industry Development Fund has backed a series B round for cancer therapy developer EOC, which was spun off from Eddingpharm.
The e-commerce marketplace has sold an undisclosed stake to media group Bennett, Coleman and Company in a $15m ad-for-equity deal.
Softbank has backed the online health portal in a $7m series B round that will fund expansion into new markets in Southeast Asia.
The home services marketplace was backed by Susquehanna International Group in a round that will support expansion into new markets.
Consumer credit platform Kissht has secured $10m from a consortium including Fosun to fund expansion in India and improve its data science capabilities.
KingMed Diagnostics and WuXi AppTech have contributed to a $28m round that will fund the precision medicine developer's cancer DNA research.
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