Sina has co-led a $103m funding round for Pintec, which focuses on retail financial services.

Xinhu Zhongbao has contributed to a series B round for Hyperchain Technologies, which is developing blockchain technology aimed at sectors such as healthcare and energy.

The smartphone manufacturer, which filed for a $10bn initial public offering in May, is planning to raise up to 30% of the amount in mainland China and the remainder in Hong Kong.

Fritz Foley is a senior associate dean and professor for financial planning at Harvard Business School.

The spinout has bagged support from Inserm Transfert Initiative and two Bpifrance-managed funds for its clinical-stage therapy for hepatitis B.

In 2016, Ava closed an oversubscribed $9.7m series A round backed by telecommunications company Swisscom and financial services provider Zurich Cantonal Bank.

The $26.4m series B round included Alibaba, Sistema.vc and Silvertech Ventures.

The funding will go towards expanded research and development activities at AbSci, which has created a a synthetic biology platform.