The company secures big series D, which had corporate backing from coffee shop Starbucks and US bank Citigroup's corporate venturing unit.

CrunchFund, which was set up with the backing of technology company AOL, helps YourMechanic raise $1.8m.

The bank backed Business Growth Fund, established to help fast growing small and medium sized UK businesses, invests in two companies, SkyDox and Shuropody.

Telefonica Ventures and Caixa Capital TIC back the service which connects mobile phone users to taxi dispatch centres.

Teli is the third managing partner of the business, alongside founders Bill Earner and Pietro Bezza.

The twitter app developer is backed by cloud-computing company Salesforce and SoftBank Capital.

JP Morgan makes it a hat-trick with its third investment in a Rocket Internet-owned online fashion retailer within a month.

The ticketing site, run by BigTree Entertainment at the moment sells 2 million tickets per month,according to news provider VC Circle, which reported the plans to launch the online wallt.