Legend Capital was among the investors that have provided $23m in series B+ funding for financial risk management and anti-fraud software developer Bangsun Technology.

Tencent and Fosun have contributed to a series B round for the power bank rental service, weeks after Tencent co-led its $14.5m series A.

Existing investor Legend Capital has contributed to a series C round of undisclosed size for China-based entertainment provider Shanghai Star48 Culture and Media.

The corporate-backed mobile payment platform is reportedly in talks with BlackRock, Bank of Baroda and Canara Bank for funding at a $1bn valuation.

JG Summit Holdings and Uni-President Enterprises were among the investors as Tencent-backed internet company Garena rebranded to Sea and raised new funding.

Semiconductor technology provider Canaan has received $43m in a series A round featuring hotel manager Jin Jiang International at a $480m post-money valuation.

The SoftBank-backed round could give the China-based ride hailing company the financial base it needs to compete internationally, where it may well use its CVC investments to forge a path.

Hotel industry data provider Fornova has closed a series B round led by Deutsche Telekom Capital Partners that will support sales, marketing and product development.

The insurance firm, which has had a dedicated venture capital unit since 2012, will invest in healthcare and financial technology developers through the Ping An Global Voyager Fund.