Randeep Wilkhu, senior investment manager at T-Venture, and Robert Dighero, angel investor and partner at Passion Capital, have joined Smarkets as board members.

Intel Capital, the corporate venturing unit of the eponymous US-listed chip maker, and NHN Investment, which provides the same role for the Korea-based eponymous media group, invested in Nexmo.

Mobi Solutions, the former majority owner of Fortumo, will remain a shareholder.

China Fortune said a wholly-owned subsidiary acquired convertible bonds from Jolla in December and agreed to exercise its option to purchase 11,944 shares.

UK-based fashion trade blog Business of Fashion has raised $2.1m in seed funding led by Index Ventures and including LVMH.

Swiss Federal Institute of Technology (ETH) Zurich spin-out Qvanteq raises CHF 4m ($4.3m).