Services

World View has raised $15m in a Tencent-backed series B round that will support the development and commercial adoption of its high-altitude balloons.

Delta Electronics led the outdoor maintenance marketplace's latest round, which also included lawn equipment maker MTD Products.

The Shanda-backed land management and trading platform, which launched its service in 2009, has closed its second round of funding.

On-demand laundry services provider Rinse has welcomed CAA to its investor base, closing a round that increased its total funding to $9.5m.

The Japan-based e-commerce group's investment in ride hailing platform Cabify illustrates how e-commerce businesses cannot afford to be pure play anymore.

The China-based last-mile food logistics service has completed a series C round featuring SoftBank's local corporate venturing subsidiary, SBCVC.

The app-based home cleaning service has floated on the National Equities Exchange and Quotations market after raising four rounds of funding from investors including Tencent and Shanda.

Fosun Group and Tal Education provided the funding for the educational software developer, which has reportedly now raised $27m in total.

Short-haul travel specialist Yaochufa will use the funding, and a partnership with UTour, to expand the range of destinations it offers its Chinese customers.

The last-mile delivery service will use the proceeds from the Yahoo Japan-backed round to grow its customer service capabilities and expand further into Southeast Asia.