Less than a month after being launched itself, TAU Ventures has joined forces with the Israel Security Authority to establish an accelerator program dubbed Xcelerator.

The apartment manager has raised series C1 funding from investors including Greentown Service Group, Galaxy Holdings, SIG and Legend Capital.

The social commerce platform, backed by Tencent and Bertelsmann, has hired Morgan Stanley, Credit Suisse and China Renaissance as underwriters for its initial public offering.

Enterprise AI technology developer Aibee has secured $15.7m from K11, which will partner the startup on technology for its shopping centres.

The AMT, Accuron and Tianda Pharmaceuticals-backed cancer drug developer raised half of its initial target for the offering.

Walmart invested in the e-commerce platform at a $20.8bn valuation, allowing SoftBank, Naspers and eBay to achieve billion-dollar returns.

E-commerce marketplace Daraz was launched by Rocket Internet and received funding from the Rocket and Ooreedo-formed Asia Pacific Internet Group.

Intel Capital has revealed investments in 12 US or China-based portfolio companies and a partnership with the NBA.

MIT has teamed up Socar-AQS to fund app-based technologies originating from the entrepreneurship ecosystem of Ada University.

The chemicals arm of oil and gas producer Petronas will use corporate venturing as one route to emerging technologies and markets.