Graeme Martin, a member of the Global Corporate Venturing Powerlist last year, will leave Takeda Ventures in March and will hand over the reins to Michael Martin.

Real estate developer San Sheng Hong Ye is among the limited partners for a venture fund formed by the city of Suzhou and private equity firm Shenzhen Capital.

China Oceanwide and IDG Capital have agreed to acquire IT media firm International Data Group, with IDG Capital to take on its corporate venturing interests.

Property developers Junfa Group and Dahong Group joined a consortium including an Ant Financial affiliate to take the working space provider's overall funding to $175m.

The software company is set to launch an accelerator scheme in Israel that will focus on startups operating in the cloud sector.

Tencent, which led a $90m series C round in 2015, has returned to lead a $55m series D round that also attracted Alphabet and new investor Recruit.

The cloud software provider has reportedly invested nearly $10m in a total of five startups, including Zentron Labs and VTitan.

Fosun's Kinzon Capital subsidiary has co-led the series A round closed by facial recognition technology developer Shenxing Tech.