Intrasoft Technologies received funding from Intel Capital in 2007, and the corporate venturing unit has now sold a 5.1% stake in the listed company.

Internet-of-things incubator AbbaLab has closed $13.7m in capital from corporates Foxconn, Sojitz and Sakura Internet for a dedicated fund.

The fitness app has attracted investors including Bertelsmann Asia Investment to a series C round that will support the introduction of new features.

CloudMinds, a startup developing intelligent, connected robots, has raised $30m in an early-stage round backed by the contract electronics manufacturer.

The Bertelsmann-backed dating app developer aims to reach 10 million users by the end of the year, having completed a series C round that boosted its overall funding to $50m.

The sports marketing platform is planning to float in China, providing an exit to shareholders including sporting apparel producer Guirenniao.

VC firm Geodesic Capital, co-founded by Mitsubishi Corporation, has closed its first fund at $335m with commitments from several Mitsubishi companies and other corporates.

TMT-focused venture capital firm Meridian Capital China plans has secured Shanghai United Media Group as an anchor investor for its fifth fund.