The Dongfeng, Suning and Xiaomi-backed IoV technology developer secured cash in a round led by FAW Group and backed by investors including Changchun Fawsn and Shanghai Tunnel.

SoftBank has led the ERP software provider’s pre-IPO round, with proceeds to be used for customer base expansion, recruitment, strategic acquisitions and product diversification.

Online credit banking service Upgrade has raised series E funding with the help of Koch Industries, reaching a valuation exceeding $3.3bn.

PayPal Ventures participated in the e-commerce services and software provider's third funding round, less than a year after it was founded.

SoftBank Ventures Asia led ERP software provider Mabang's $46.3m series B round while Mainport Innovation Fund exited electrification technology developer ViriCiti.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The executive education provider's latest round was co-led by SoftBank Vision Fund 2, while Bertelsmann was among the sellers in a secondary investment portion.

Sino Biopharmaceutical was among the participants in a round valuing the drug development technology provider at over $2bn.

The corporate-backed operator of multilingual news portal Dailyhunt and short video app Josh secured its latest funding in a round that valued it at almost $3bn.

The no-code platform developer, spun out of MIT's Media Lab, will use the cash to boost international growth and accelerate the development of new product features.