Services

Point72 Ventures led a $15.4m round for Reinventure-backed human resources management platform developer Flare that will support hiring.

Qualcomm has returned to support a $60m round for CargoX, having also participated in the trucking services platform's $20m series C last year.

Legend Capital and Shell China backed a series C round for industrial e-commerce platform Zhenkunhang, which raised a total of $85m last year.

Meituan Dianping's forthcoming initial public offering, which is expected to be $4bn in size, will feature Tencent as a cornerstone investor.

Discern will commercialise a deception tracker nicknamed Avatar designed to initially be deployed at border security and based on research at Arizona.

Since the beginning of 2017, Global Corporate Venturing (GCV) Analytics has tracked and seen a number of companies backed by China-based internet company Tencent go public in Hong Kong and the US.

The Square-backed event ticketing management software provider has disclosed almost $360m in venture funding.

Alibaba spinoff Koubei has joined forced with the corporate's newly acquired Ele.me, with more than $3bn from Alibaba and SoftBank.

Property developers Tishman Speyer and Camber Creek took part in a Brookfield Ventures-led round that boosted the security system developer's total funding to $96m.