Sectors

Ping An's financial services spinoff raised $2.36bn in a US initial public offering that represented an exit for Bank of China, Cofco, SBI and several investment banks.

Nestlé bought the healthy meal kit delivery service three years after leading its series C round, in a deal that could reach $1.5bn with earnouts.

Lilly Asia Ventures contributed to a round that will fund clinical trials for Carsgen's immuno-oncology drug pipeline and the enhancement of its manufacturing capabilities.

Viking Global led a $150m round for the Visa-backed banking software provider that will go to product development and international growth.

SoftBank Vision Fund returned in a convertible note round that pushed the total raised by the tourism experience booking service to some $788m.

Founding investor and strategic partner NavInfo was among the investors in a $40.2m round that will support the automotive sensor producer's research and supply chain activities.

REA Group and parent company News Corp are reportedly paying $70m for a controlling stake in online real estate portal and portolio company Elara Group.

Mitsubishi was among the latest investors in the charging technology provider, joining the likes of Foxconn, Intel, Toyota, Haier, Delta, Schlumberger, Systech and Omar Zawawi Group.

Salesforce and Telus both backed TechSee, which has built an augmented reality-based platform that facilitates remote technical support for consumer devices.

Salesforce Ventures helped Odaseva, developer of an enterprise data governance platform, boost its overall funding to $40m.

Motley Fool Ventures led a series B round for water-supply intelligence provider Ketos that also included Citi and Illuminated Funds Group.