E-cigarette brand Juul has overcome internal opposition to agree a $12.8bn investment by Marlboro owner Altria at a $38bn valuation.

Grab has raised $2.85bn this year, most of which came from corporate investors, but could potentially receive up to $1.5bn more from SoftBank Vision Fund.

SoftBank Vision Fund led a series C round for the cancer therapy developer that was also backed by GV and Alexandria Venture Investments.

The car leasing service raised money in a SoftBank-led series B round that included fellow corporates MMI Holdings, CreditEase and Munich Re.

The Softbank-backed online automotive marketplace has collected $93m in a Bain Capital-led round to take its total equity financing to $145m.

Airbnb and WeWork both backed the female-only space provider's series C round, bringing its overall funding to more than $117m.

4Paradigm has now won backing from a host of corporates for its technology, which helps clients build AI apps for purposes including financial services.

MRL Ventures Fund and Roche Fund have taken part in the intracellular drug developer's series A, which is commercialising research by Prof Dehua Pei at OSU.

Purdue University-backed Elevate Purdue Foundry Fund has picked seven university-linked businesses to share a total of $200,000 in funding.

Synspective has been backed by a University of Tokyo VC vehicle in its bid to launch a constellation of 25 small Earth observation satellites powered by synthetic aperture radar.