IT

E-commerce software startup Shushi has received approximately $14.3m from Tencent Investment through an angel round.

The accounting platform operator’s investment subsidiary has unveiled Hirac Fund’s $11.7m initial close with multiple corporate LPs on its way to a $29m ceiling.

SmartX, a data storage virtualisation business that counts Samsung and Lenovo as shareholders, has announced series B-plus and C funding to expand its product offering.

YJ Capital and East Ventures’ joint accelerator scheme has opened the application period for a new batch of innovative startups.

Existing backer Hughes Network Systems has committed $50m to join Bharti Enterprises and the UK government in acquiring the bankrupt satellite internet services provider.

Industrial Growth Platform led the consulting company’s $23.7m maiden round, investing alongside backers including Change, Dentsu, Marshmallow and The Guild.

The online home insurer raised a series E round backed by a host of corporate venture investors.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Salesforce-backed customer engagement software producer Talkdesk is now valued above $3bn, having raised $268m altogether.

Existing backers including HSBC and Accenture joined new investors such as ABN Amro in a consortium that injected $64.7m into the data analytics provider.

Lockheed Martin Ventures helped the artificial intelligence-focused cybersecurity startup close a round that will fund R&D and global growth.