The corporate-backed synthetic silk producer increased its valuation to over $1.2bn in a round led by Carlyle Japan Partners.

Channel Talk, Segari and Borneo are all among the companies that have raised corporate venture capital, while Tepco celebrated an exit with the acquisition of Me:New.

Legend Capital-backed video game and 3D art developer Virtuos has collected $150m from Baring Private Equity Asia.

Versanis Bio secured $70 to commercialise a treatment licensed from Novartis, while Salesforce, Intel, Orange, Nike and Alphabet all celebrated exits.

Xerox’s newly formed augmented reality software business has been valued at $700m through an investment by ServiceNow.

The smart equipment manufacturer looks to integrate AI into its products following cash supplied by Ping An and Tianma Microelectronics.

Disney, A&E Networks and WPP-backed Vice Media has secured new funding in lieu of an anticipated reverse merger.

Genomics care provider Genome Medical closed a $60m round backed by several corporates while brokerage software producer Alpaca secured $50m.

Bilibili, CATL and Intel were among the investors that have backed the smart EV developer’s pre-series A round, valuing the Geely spinoff at $9bn.

The Salesforce and American Express-backed online payment platform developer is reportedly set to see its valuation explode in a new funding round.