Susquehanna Growth Equity has led a $30m round for Field Nation, the first outside investment since the platform's founding in 2008.

The manufacturing inspection technology provider received the funding as part of a strategic partnership with lighting equipment maker ShinTai.

The financing, $37.7m of which is equity funding, will be used by the Waste Management-backed company to expand a biomethanol production facility.

Ping An co-led the round, the largest ever raised by a private company, investing alongside participants including Alibaba and Tencent.

The postal service is now the second largest shareholder in Alibaba's financial services and online payment affiliate.

Uber's Chinese subsidiary, Uber China, confirmed a $1.2bn Baidu-led round earlier today, while rival Didi Kuaidi is reportedly set to close a $3bn round.

Wanda Cinemas has invested an undisclosed sum in the online movie ticket seller following a collaboration agreement signed in July.

The electric vehicle startup has secured Tencent as an investor and plans to launch its first product, a supercar, next year.