Johnson & Johnson and Mayo Clinic both invested in DayTwo, the developer of a microbiome health management app, with the latter set to expand its research partnership with the startup.

Online video producer Yinhekuyu Media has raised $29.4m in a series B round that included Youku Tudou, one of the Alibaba subsidiaries with which it will partner for new shows.

Private equity firm Cathay Capital has closed its first Cathay Innovation fund with backing from BNP Paribas Cardif, ADP, Artemis, Joyoung, SEB, Michelin, Total and Valeo.

Comdata and Innogy both invested as the customer support technology developer closed a series A round that will fund market penetration and technology enhancement.

Legend Capital has led a series A round for publishing-focused media company Dook Book that reportedly valued it at approximately $295m.

Applied Materials' corporate venturing subsidiary will manage the fund, which was formed with Korea Venture Investment Corporation to back South Korean startups.

Alibaba has invested $1bn to increase its share e-commerce marketplace Lazada to 83%, with Rocket Internet and Tesco among the exiting shareholders.

The media and e-commerce group invested an additional $71m in Flipkart in April 2017 as part of a $1.4bn funding round also backed by Tencent, eBay and Microsoft.

The connected cybersecurity software provider has put an initial $100m into a corporate venturing unit that will target growth sectors such as the internet of things.