Less than two months after taking part in Hellobike's $700m series E1 round, Ant Financial has invested another $321m at a $1.47bn valuation.

Cross-border e-commerce platform Xiaohongshu has raised funding in an Alibaba-led round that included Tencent, valuing it at more than $3bn.

PayPal and Temasek have invested $125m in POS technology provider Pine Labs, less than three months after it raised money at a valuation of up to $900m.

AI technology producer SenseTime has added series C+ funding to a $600m series C round it closed just last month, and is valued at $4.5bn.

JD.com and JD Finance were among the investors as Jiatui Technology, a digital business card platform, secured $26.2m.

DheeYantra has raised an undisclosed sum from investors including Indian Institute of Management Ahmedabad to build out its NLP software for native Indian vernaculars.

Returning investor Legend Capital has participated in a round that valued the cross-border fashion e-commerce platform at $1bn.

Baidu, Legend Holdings and Tencent are all in line to exit the used vehicle marketplace, which plans to go public in the US.

The fund will back dozens of project teams each year, while giving some students and graduates a spot on its investment committee.

Life sciences incubator and company builder Pivotal Bioventure Partners China, part of Nan Fung Group, has closed its latest fund at $150m.