The insurance firm's Liberty Mutual Strategic Ventures unit will target technologies compatible to its industry, and its first portfolio company is smart lock developer August Home.

US-based DeVry joined Kaizen Management for the education provider's latest round, allowing earlier investor Accel to exit.

The company, the operator of language tutoring platform 51Talk, has raised $58m from backers including strategic partner Duowan Entertainment.

PSA International has established an incubator and corporate venturing subsidiary called PSA Unboxed with an initial $15m in funding.

Naspers Ventures will look to link the US with Naspers' international reach, and has also led social learning company Brainly's $15m series B round.

The assets of Jumio, an online credentials authentication company that had raised $35m from backers including Citi, are set to be acquired by growth equity firm Centana.

GoGoVan, Shopline and Yeechoo are the first three companies to receive funding from Alibaba's Hong Kong Entrepreneurs Fund.