Google and Qualcomm were joined by venture firms including IA Ventures and Metamorphic Ventures in the seed financing.

Washington Post-backed Fab.com reportedly takes its total raised in venture financing to $11.6m after metamorphosing into a design items sales website.

The Russian venture firm is one of three big backers of the home renting company's latest round, which has rung up a reported $1.3bn valuation.

The Indian mapmaker backed by Qualcomm and Kleiner Perkins is on the verge of sealing a $30m investment.

Mueller Milch has joined Olympus Capital Holdings Asia and California Technology Ventures backing Huaxia Dairy in a $45m funding round.

Alongside Alibaba in the round were venture capital firms Northern Light Venture Capital and Sequoia Capital. Sequoia had reportedly invested $5m in December in Meituan.

Tengelmann joins media group Bertelsmann backing the fast-growing e-commerce company.

A health unit of Nestle has taken part of the business, which it first reportedly backed through an affiliate in 2005.

TWC L'Amy becomes the latest fashion company to be part-acquired by the corporate venturing unit of LVMH.