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.

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

The two Australia-based, Rocket Internet-backed grocery e-commerce businesses have merged into a single company that will operate as ShopWings.

Hearst-backed vintage goods auctioneer Auctionata has agreed to merge with contemporary art auction platform Paddle8 to target the sub-$500,000 market.

Alibaba Pictures has attracted capital from a consortium featuring Ant Financial and Sina Corp for its Taobao Movie ticketing service, valuing the subsidiary at $2.1bn.

Nan Fung has contributed to a series C round for biotech company Bolt Threads, which emerged out of stealth less than a year ago with $40m in initial capital.

Naspers-backed hyperlocal marketplace app Letgo has absorbed the US operations of Spain-based competitor Wallapop, picking up $100m from existing backers in the process.

ProSiebenSat.1 and Franz Haniel both contributed capital as Berlin-based venture capital firm Cherry Ventures closed its Cherry Ventures II fund.

Existing shareholders including Softbank, Telstra and American Express returned to back the e-commerce platform's $30m series E round, which was led by GGV Capital.