Smile Invest and Innovation Industries Fund have co-led a $37m first tranche for TUe spinout Effect Photonics’ series C round.

Tencent co-led a $92.5m round for the corporate expense management tool provider, investing alongside new and returning backers including Eight Roads Ventures.

Alibaba led a $30.8m round that helped the customer service software developer close its third round in the space of less than a year.

The GMO, Mitsui Sumitomo and Samsung-backed furniture rental platform developer has added $1.4m to its latest round to take its total funding to $35m.

IBM Ventures participated in a $20m round for the neurological disease diagnostics technology spinout of Tel Aviv University.

The money will fund the progress of the University of London-linked precision medicine developer's lead drug candidate into the clinic.

SoftBank Vision Fund 2, Itochu and an unnamed insurer took part in a series C round that hiked the gene and cell therapy developer's total funding to $845m.

IBM Ventures participated in a $20m round for the neurological disease diagnostics technology developer, a spinout from Tel Aviv University.

The ophthalmic treatment developer has now raised almost $36m in total, with CR-CP Life Science Fund having led a $25m round.

Softbank Investment Advisors and existing investor GV contributed to a series C round boosting the drug discovery platform developer's overall funding to over $640m.