Alibaba-backed online lending marketplace WeLab is seeking to raise up to $500m in an initial public offering on the Hong Kong Stock Exchange.

Qualcomm-backed SenseTime has begun exploring an initial public offering and will launch a US-based research and development centre as early as 2018.

Illumina's cancer diagnostics spinout, which is backed by a host of corporate investors, reached the $900m first close of the round in March.

The ride hailing platform would add the prospective capital to the $1bn series G round led by corporate investor CapitalG last month.

Oncology drug developer Chordia Therapeutics has raised series A funding from backers including Takeda, from which it is licensing its preclinical drugs.

The interational student housing services startup almost doubled its total funding in a series B round backed by New Oriental Education Group.

The University of Oxford Innovation Fund IV is seeking commitments from alumni and other investors to support the Oxford ecosystem.

The food producer's corporate venture capital unit joined Powerplant Ventures and Cleveland Avenue to invest in the healhy vending machine supplier.

Danone Manifesto Ventures has invested in bottled ocean water brand Kona Deep in its fifth deal since launching in September last year.