Beauty product maker L'Occitane has led a round for the on-demand beauty services marketplace that also included Times Group subsidiary Brand Capital.

The vehicle financing provider has followed a BAIC-backed series A round last year with $33.5m of series A+ funding from China Growth Capital and Matrix Partners.

Alibaba invested $432m in the chauffeured car service, which has filed to list on China's NEEQ board, but has transferred its shares to affiliate funds Yunfeng and Yunling.

Less than six months after it was founded, China-based iCarbonX has completed a round featuring Tencent and Vcanbio that values it at $1bn.

First quarter analysis

Robert Bosch's corporate venturing unit now has roughly $480m under management, launching its third fund and disclosing its latest investment, in irrigation technology developer CropX.

Two Japanese universities sign a licensing agreement with immunology and microbiology company Vedanta to discover potential treatments for infectious diseases and cancer.

Naspers led a $12.5m round for the e-commerce search engine technology developer that also included Yahoo Japan.

The corporate venturing unit doubled the size of its internationally-focused Global Investment Fund to $200m and now has a total of $285m under management.