The Chinese courier service, 60% owned by counterpart STO Express since 2012, has raised capital in a Qingdao Haier-backed series A round.

The electronics producers will set up a joint fund in March 2016 that will seek out startups in the internet of things, robotics and other emerging sectors.

Peer-to-peer property rental marketplace NoBroker has followed $3m of series A funding last year with a $10m round co-led by Digital Garage.

The conglomerate's corporate venturing unit led the round for Orami, the company formed by the merger of female-focused fashion retail sites Moxy and Bilna last month.

Naspers originally incubated online travel services provider Ibibo, which is also backed by Tencent, in 2007.

The Chinese ride hailing service raised $3bn in September from backers including Alibaba, Tencent and Ping An, and is set to close new funding at a $20bn valuation.

Sumitomo Mitsui Financial Group, an investor since late 2014, exited invoicing software company Misoca through a purchase by Yayoi.

Electronics producer TCL is teaming with the semiconductor producer for an investment fund that has so far received more than $275m from its founding partners.

AT&T, Accenture, Mitsui and Nokia all took part in a $23m series B round for the cybersecurity incubator, which previously raised cash from Alcatel-Lucent and Cisco.