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.

VC firm Geodesic Capital, co-founded by Mitsubishi Corporation, has closed its first fund at $335m with commitments from several Mitsubishi companies and other corporates.

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.

The Wacker Chemie-backed silicon anode battery producer will use the capital to acquire intellectual property and invest in development and manufacturing capacity.

Student-led investment fund Social Venture Fund invests in a second seed round for medical software-as-a-service firm Conversa Health.

Railway operator Keio Corporation has contributed to a round that will be used by Hyakusenrenma to make its holiday home rental services multilingual.