Mitoconix, which is developing neurodegenerative treatments, was founded by the Johnson & Johnson and Takeda-backed FutuRx incubator.

Mitoconix is exploiting research into neurodegenerative disorders undertaken by professor Daria Mochly-Rosen and her team at Stanford University.

Faculty, students and alumni are set to benefit from the $200m vehicle, set up by the Technion Research & Development Foundation and UG Capital Management.

Existing backer Landa Ventures participated in the round, which will support product development and global growth for the post-printing technology provider.

Ping An, Tencent and the Alibaba-affiliated Ant Financial jointly own 40% of the online insurance platform, and are set to exit in an offering that could take place this year.

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.