AI-based online tutor developer Riiid raised a sizeable $175m round from SoftBank. Riiid is part of the broader edtech space, which has been given much attention by corporate investors in recent years.

Lilly Asia Ventures took part in a $78m round for oncology therapy developer BH Med while gifting platform developer Snappy completed a $70m Hearst-backed series C.

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

JD.com has followed up the December flotation of its JD Health spinoff by listing its Tencent and China Life-backed logistics vehicle.

Vision Fund is the largest shareholder of freight services provider Full Truck Alliance, which is reportedly seeking a $20bn valuation when it floats.

SoftBank Innovation Fund has chipped in for a round that valued the rental listings marketplace at $4bn, increasing its overall funding to $635m.

Affirm spinoff Resolve raised $60m from investors including its parent company, while sales and marketing software provider Qualified secured $51m in a Salesforce-backed round.

Existing backer Honeywell invested in a round that pushed the the logistics software producer's overall funding past $150m.

The Sumitomo-backed logistics marketplace operator was reportedly valued at over $1bn in a round that included Source Code Capital.

The investment, by SoftBank Vision Fund 2, pushed the intelligent education technology producer's total funding to $250m.