Sinar Mas has made an additional investment in the broadband service as it applies to be Singapore's fourth mobile network operator.

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

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

The corporate venturing units of Mitsubishi UFJ and Mizuho Capital provided an undisclosed amount of funding for the financial software producer as it seeks to expand in Japan.

The bank-backed Business Growth Fund took a minority stake in the packaging company, which will now seek to expand its production capacity in Poland.

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

Mobile technology company MBlox took its overall funding to more than $130m following a $43.5m Norwest-backed capital raise.

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

Freelance website Twago has received the second investment made from recruitment company Randstad's corporate venturing fund.