Financial

Existing corporate investors Block.one and Coinbase Ventures participated in a round valuing the digital currency exchange at $1.1bn.

Leyaoyao raised a nine-digit yuan amount from investors including 37 Interactive Entertainment while Lockheed Martin and Booz Allen Hamilton contributed to AI developer Latent AI's series A round.

Lilly Asia Ventures was among the participants in a series C round closed by the Ant Group and China Re-backed healthcare payment platform operator.

JPMorgan Chase, BMO, Manulife and Barclays helped the accounting software developer raise series E equity and ebt financing at a valuation abobve $1bn.

Alameda Research, Blockchain.com and Coinbase helped cryptocurrency exchange Pintu close a $35m round while small molecule drug developer Aardvark raised $29m.

Alameda Research and existing backer Coinbase Ventures helped the cryptocurrency data provider close its latest round.

SoftBank’s Vision Fund returned to back the e-commerce business in a $1bn round. Our data suggest upward pressure on valuations in this space as well.

Zain Ventures will provide funding for digital innovations in electronic services, and its first two investments are in Pipe and Swvl.

The CMFG Ventures Discovery Fund will invest in early-stage companies with diverse founding teams targeting the financial technology industry.

JD Health has backed a $93m series D round for Rimag, while a couple of India-based startups delivered exits.

SoftBank Vision Fund 2 took part in the 401(k) plan provider’s latest round that valued the business at $1bn, six months after it closed a series C.