Entera Bio, a large-molecule drug spinout of DNA Biomedical Solutions, intends to raise up to $50m when it goes public.

The China-based, SIG-backed online lender floated below its range in the US and is currently hovering just above the IPO price.

The cloud computing platform developer has raised $15m in a series B round led by its new strategic partner, Tencent.

Conglomerate Fosun has provided $15m for connected educational toy developer Alilo, investing through its Fosun RZ Capital unit.

Xiaomi has co-led a series B round for review and self-publishing platform operator Jinying that included Fosun and SIG Asia.

Minsheng Financial Leasing has provided $150m for the online automotive marketplace, whose shareholders already include JD.com and Dongfeng Motor.

The internet company is to launch a fund sized at $200m or more that will target technologies such as AI, computer vision, voice identification and cybersecurity.

Business contacts storage platform Sansan is set to receive $17.6m from Goldman Sachs, after raising $76m from a corporate-packed investor base.