Sectors

The Tencent, China Electronics Corporation, Sinopharm and Sunshine Insurance-backed healthcare efficiency software provider raised $77.2m in the round.

Corporate partnership CR-CP Life Science Fund led the cancer detection test developer’s series C round, which took its total funding to $120m.

GV participated in a series C round for the online flexible staffing portal at a valuation of $560m, hiking its overall funding to $100m.

Google is reportedly in discussions to purchase the cashless payment app developer for up to $270m, potentially providing exits for Itochu, Nippon Gas and FamilyMart.

Softbank-backed Tridge, a digital trading platform dedicated to the agriculture sector, has secured series C funding to scale up its fulfilment service and expand its global presence.

AG2R La Mondiale committed capital to lending platform Younited Credit. The larger round is not surprising as the alternative lending space is experiencing a recovery after the pandemic shock.

Munich Re and Microsoft helped CO2-to-chemicals technology provider Twelve raise $57m while Eli Lilly and Kaiser Permanente-backed CRO dMed-Clinipac secured $50m.

Temasek and Warburg Pincus have bought shares in the corporate-backed on-demand ride provider from Tiger Global Management and Matrix Partners India.

The Mitsui-backed online money transfer service has taken an LSE spot and had a $12bn market capitalisation following its first day of trading.

CJ Logistics helped the online grocer secure series F funding at a valuation of approximately $2.2bn, taking its overall funding to more than $520m.

The blockchain payment technology provider is set to undergo a $4.5bn reverse takeover having previously secured over $680m from investors including FTX, Baidu, Bitmain, CreditEase and Wanxiang.