WuXi Healthcare Ventures has returned for a $57m series B in immunotherapy developer Medeor Therapeutics, with the round led by RA Capital Management.

The precision medicine research spinout from Cold Spring Habor Laboratory has secured seed capital in a round led by Dynamk Capital.

Unilever Ventures has committed $10m to the IDG Ventures India Fund, with the money going towards startups operating in the consumer and digital spaces.

Ping An Good Doctor, an online healthcare platform backed by Ping An Insurance, is targeting a $1bn initial public offering in Hong Kong as early as the first half of 2018.

Huochebang, backed by Baidu and Tencent, is set to merge with its local peer Yunmanman in a deal that would value the combined entity at more than $2bn.

SenseTime, founded by Chinese University of Hong Kong professor Tang Xiaoou, has begun exploring an initial public offering as early as 2018.