The senior living services company's venture unit will invest up to $1m a time from the fund, raised in partnership with investment bank Ziegler.

The telecommunications business has exhausted the initial capital allocated to its Open Innovation Fund and has earmarked another $49m.

The stationery maker has established an $80m fund that will target businesses in the IT and office services sectors.

Boutique gym chain Gymbox has received a $17m investment from BGF to fund its UK-wide roll-out.

Vidyo has received $20m in funding in a round featuring Juniper Networks to take its video conference calling platform further.

Electronic voting solutions provider Scytl has raised $20m from SAP Ventures to increase its R&D efforts and strategic growth.

The mother-targeted social networking app secured the money in a VIPShop-backed round that increased its overall funding to $30m.

Wanxue, already backed by conglomerate Legend Capital, has raised an undisclosed amount from Baidu in its series C round.