Zeebox, which has also received funding from several US-based media companies, has rebranded itself and added social networking features to its product.

Classified property listings website Lamudi, a subsidiary of Rocket Internet, has secured $7m from Tengelmann's corporate venturing unit.

Mainstay Medical is set to raise up to $36.4m from its initial public offering, with existing shareholder Medtronic to take some of the stock.

Microsoft has opened a new research centre that will be freely available to its partners for research and product development.

GS Venture, a subsidiary of technology developer GS Group, has made a seed investment in Tellyo.

The Germany-based steel recycler has racked up $1.5bn in debt, necessitating corporate funding.

The company will develop novel technology that will help guide the effective use of antibiotics and other antimicrobial therapeutics.