JP Lee has moved up from managing director at the unit, replacing Greg Moon who has joined SoftBank Vision Fund.

Ride hailing service Go-Jek has appointed Aditya Kumar, an alumnus of SoftBank, as its vice-president of corporate development.

Nanotech Industrial Solutions, which is exploiting research from Weizmann Institute of Science, received the funding in a round led by EcoMachines Ventures.

Dong-Su Kim, who has led investments in more than 20 companies for Samsung Ventures America, is setting up a new fund at LG.

SoftBank is set to completely exit Flipkart as part of a deal that will value the company at $20bn, in which Alphabet is now expected to be involved.

The CEC and Shulan Health-backed medical data analysis platform received $15.8m in a round led by GGV Capital.

Yissum, though its investment fund Agrinnovation, has contributed to a seed round for one of its portfolio companies, Future Meat Technologies.

The Qualcomm and NGP-backed electronics producer is reportedly seeking a $100bn valuation for the Hong Kong offering.

UBtech has achieved a $5bn valuation after raising $820m in Tencent-led series C round that included fellow corporates Telstra and Haier.