Spain-based bank BBVA seals its first deal in Silicon Valley, backing the seed fund.

UK micro-processing company Arm's vice president of corporate business development says the UK needs to develop a culture where people want to talk about entrepreneurship at a dinner party.

The mobile app for seating diners was developed by Firespotter Labs, an incubator backed by Google Ventures, and set up by Craig Walker, a former entrepreneur in residence at the search engine's corporate venturing unit.

NuMat Technologies, a spin-out from Northwestern University, won a $135,000 prize at the University of Texas.

The India-based microfinance firm launches a $10m lab to promote financial inclusion.

The fund of funds run by Business Leaders for Michigan secures funding from corporates including Amway, DTE Energy, Blue Cross Blue Shield of Michigan and La-Z-Boy.

Google eyes $30m investment in the movie-style gaming company at a $190m valuation, as Google Ventures-backed location-based mobile app company Echoecho raises $750,000.

The lighting company working out of the Portland State University Business Accelerator is on course to raise $3m.

The lighting company, which uses technology spun-off from failed Intel Capital-backed solar company SpectraWatt, raises $3m.