The hotel chain has formed a strategic partnership with South Asian budget room booking platform Oyo that will involve it investing $10m in the company.

The round was co-led by China Life Insurance and SDIC Fund Management and valued the medical device developer at more than $5bn post-money.

Online insurance provider ZhongAn is set to raise up to $1.5bn next week and SoftBank's Vision Fund is considering buying $500m of shares.

The corporate's first deal out of its Samsung Automotive Innovation Fund is an $89m investment in networked safety control system developer TTTech.

The retailer has provided $15.9m for the e-commerce platform, boosting its overall investment in the company to almost $42m.

The imaging and sensor system developer has secured new funding in a WRV-led round that featured Qualcomm Ventures.

Sumitomo Mitsui Financial Group has formed an innovation hub in Tokyo as well as a partnership with Work-Bench and Stanford StartX.

Sunglasses brand Gentle Monster has received an amount said to be about $53m from L Catterton Asia, the private equity firm backed by LVMH.

Infoteria and Jafco have combined to invest $14.6m in cryptocurrency technology developer Tech Bureau, reportedly bringing its overall funding to $24m.

The online fashion marketplace has secured $17m in a round co-led by Burda Principal Investments that included existing backer Susquehanna International Group.