The photovoltaic company backed by US utility Avista, energy investor Greenlight Energy Resources and Oak Investment Partners has raised $39m.

US healthcare company Medtronic has joined the syndicate backing Spinal Modulation in its latest $30m funding round.

News Corp. is understood to be retaining a minority stake in MySpace having paid $581m for the social network in July 2005 from VC firms VantagePoint Venture Partners and Redpoint Ventures.

Online retailer Amazon is among the investors funding the service, which creates videos using photos and music.

The series A round also boasts involvement from Microsoft founder Bill Gates, as Nimbus aims to use computer technology to boost its pharmaceutical research.

The latest extension funding round has taken the money raised by mobile payments company Vivotech to $90m.

Ping Identity nearly doubles funding with $21m series D round from a consortium including SAP Ventures.

GM reportedly said it has invested $36m in start-ups and more investment is coming soon.

Goldman and GSV line up with US media company Advance Publications and Intel Capital backing the start-up founded by repeat entrepreneur Osman Rashid.

Good Energies, which invests on behalf of the Brenninkmeijer family that runs clothing chain C&A, has now invested $37m in Agile Energy.