Singapore Academy of Law is starting a legal tech accelerator as part of a wider initiative helmed by its SAL Ventures targeting innovation in the provision of legal services.

JD.com has agreed to lead a $500m round for Aihuishou and will merge its own second-hand e-commerce platform Paipai with the electronics recycler.

Alibaba has injected $150m into personalised education platform Knowbox, whose backers already include TAL Education, Bertelsmann, Baidu and Legend Star.

Raksul has exited custom printed product marketplace InkMonk in an acquisition of undisclosed size by Printo, with the deal reportedly creating India's largest printing services provider.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The construction management software provider secured $12m in a round led by growth equity investor Catalyst Investors.

Philippines-based Union Bank has allocated more than $9m annually to its UBX subsidiary to pursue financial technology opportunities.

Mitsui has exited customer data platform developer Drawbridge, which was acquired by LinkedIn after raising a reported $70m in venture capital funding.

Rohit Dave, previously senior director and head of M&A at WeWork, has ascended to vice-president and will continue heading M&A activities alongside running its Creator Fund.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.