Zhubajie led corporate outsourcing services provider 51Shebao's series B round, lifting its overall funding to $14m.

Alibaba's financial services affiliate is set to take a 20% stake in Thailand-based Ascend Money, shortly after investing $35m in Shanghai Suntime Information Technology.

Legend Capital, one of conglomerate Legend Holdings' investment units, has co-led a series B round for medical device supply chain services provider Guoke Hengtai.

The work space provider's latest cash injection follows a $31m series A+ round three months ago, and is backed by commercial real estate developer Yintai Land.

The Mitsui-backed mobile virtual network operator has now secured almost $34m in total, after raising $5.7m from Singaporean state-backed Pavilion Capital.

Shenzhen Hepalink Pharmaceutical is set to inject capital into TPG Biotechnology Partners V, which focuses on the biomedical and life science sectors.

The IDG Capital-backed baby and infant product marketplace has closed its second $100m round in under 18 months, again at a $1bn valuation.

Phoenix Group has partnered Arkin Holdings to establish a strategic collaboration that will focus on pharmaceutical and biotechnology investments.

The AR display developer, backed by Motorola in 2005, has raised new funding from investors including Crystal-Optech and will use it to scale manufacturing.