Venture capital firm Morado Ventures also participated in the $1.3m A round, while OATV's Mark Jacobsen will be joining the Betabrand board.

CyberAgent Ventures reportedly received up to 20% of iPeen's shares for investing $1m.

Tate & Lyle now has a 12% equity stake in BioVittoria and the exclusive global marketing and distribution rights for BioVittoria's monk fruit, to be sold in the US under the PureFruit brand.

Motorola Solutions Venture Capital backs latest $5m round for Scanbuy.

KK Rathi, chief executive of Future Ventures, said: "The idea is to invest in businesses that are strategically important for the overall group. We will be looking at acquiring, creating new and growing our existing private brands."

Pierre Donaldson, partner at BlackBerry Partners Fund, said: "Digby was one of the first companies we invested in when we started the BlackBerry Partners Fund in 2008, and we are thrilled to see how they have grown to become the market leader in enabling the mobile channel for top retail brands.

Newswire Reuters said Black River Capital Partners (Food) Fund gained half its $400m target in commitments and would invest about half the money in China.

Austin Ligon becomes non-executive chairman having been a director of Gazelle since 2007 after previously leading car retailer CarMax.

In the past 12 months since launch, and including two previous rounds, Lashou has now raised $165m.

GoPro declined to disclose the size of the investment by disney's Steamboat Ventures to news provider Wall Street Journal (WSJ) that revealed the round.