Tencent has participated in a nine-digit renminbi round for online musical tuition platform Peilian alongside its existing investors.

The carmaker has taken a 10% stake in Mobike Chuxing, a car sharing spinoff launched by Mobike with more than $300m last month.

GE Ventures, Kaiser Permanente Ventures and existing backer Illumina Ventures have helped Genome Medical take its total funding to $23m

The autonomous transportation developer hopes to introduce self-driving shuttle buses to Detroit by the middle of 2018.

An oncology team led by Johns Hopkins professor Marikki Laiho has been backed by the commercialisation fund, becoming its first recipient.

The deal was closed following commitments from Nan Fung Life Sciences and Madryn Asset Management, a year after iCarbonX made its anchor investment.

Aegea has now raised $96m in overall financing, after securing funds from investors including existing backers Medtronic and BioMed Ventures.

Purdue University-linked companies operating the in renewable energy, sustainable transport and oncology sectors are among those to have secured $20,000 in initial funding.