The company reportedly joins L Capital Partners, the corporate venturing unit of luxury goods company LVMH, backing India-based retailer Fabindia, which is more than 50 years old.

Manchester United football manager Sir Alex Ferguson is buying a further 10% of Bos, which makes Rooibos tea in a can.

Japan's NTT Docomo is leading the round with a $14m investment and also becoming the first partner to launch Eye-Fi's wireless memory card activation via mobile phones, with no computer required to share photos.

Nasdaq-listed Zipcar is the latest beneficiary of venture funding to turn to corporate venturing, leading a $13.7m round for the peer-to-peer car sharing company.

Intel's corporate venturing unit reveals it did five deals in Brazil last year, including the two announced deals.

The LVMH-owned corporate venturing fund is set to push its Asian spending to $1bn when it raises its second fund this year, with much of the investment going towards China.

The tart cherry juice producer has added investment firm Emil Capital to its investors as it aims to grow its business in 2012.