The Japanese recruiter will seek to invest in early-stage overseas companies, and has already funded holiday home search engine Tripping.

ADT has invested $25m in a series C financing round that lifts BMW and Duchossois-backed location services company Life360's overall funding to $77m.

The accelerator will invest $18,000 in each cannabis-oriented company to pass through.

The firm recently made the first investment from a fund backed by mobile service provider MTN, which is targeting the middle class in emerging nations.

The gameplay recording app has now raised $9.6m from investors including Google Ventures and Tencent.

O'Reilly Media was among the backers for storage service MakeSpace's series A, which followed a $2.1m seed round in 2013.