The cross-border payment platform has raised cash in a PayPal-led round also featuring Citi Ventures that will fund international growth.

LabCorp returned for the first close of a round that took the genetic disease drug developer's total funding to $50m.

DoraHacks organises intensive collaborative programming challenges internationally, having launched with assistance from Tsinghua University in 2014.

Existing backers BMW i Ventures and GE Ventures contributed to a round that took the total raised by the manufacturing services platform to $63m.

Spun out of University of Cape Town, Nisonic hopes to use ultrasound to provide a better method for tracking brain pressure to monitor conditions such as stroke, brain tumours and head trauma.

Cainiao and 58 Daojia both contributed to the first round closed by the delivery services marketplace since its merger with 58 Suyun last year.