Backed by Sinopharm Capital previously, Virogin Biotech will invest the series C proceeds in its clinical drug programmes and securing industry partnerships.

Sesame Workshop's online education portfolio company has raised fresh funding to seize on higher demand during the coronavirus pandemic.

Precision cancer drug developer Novellus boosted its funding total to $75.5m with a round featuring SR One and Novartis Venture Fund.

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

Baidu, Tencent and China Minmetals-backed electric vehicle producer WM Motor has raised $1.47bn in a series D round to support R&D, marketing and sales activities.

SoftBank’s Latin America Fund and General Atlantic have co-led a $107m series B round for Acesso Digital, a facial recognition technology developer that will use the money to scale.

Digital Garage has helped launch mobile gaming platform Playco with a $100m series A round and a valuation of more than $1bn.

The Kunlun-backed customer engagement software provider has closed its series C round at about $44m, having raised a similar amount in series C1 funding four months ago.

K Wah Group’s subsidiary has taken part in the tumour therapy and drug developer’s $29.3m round, which came a year after its $28m series B round.