From today, Tudor will report to Roy Williamson, managing director of Castrol InnoVentures.

Bright Automotive, an electric van company backed by corporates including General Motors, Alcoa, Duke Energy, search engine group Google's foundation and Johnson Controls, blames its closure on the US Department of Energy.

Temasek and Total are among the backers contributing to a round that could reach $98.7m if conditions relating to a Brazilian production plant are satisfied.

The Monsanto-backed biofuel producer has raised $65m from its initial public offering after revising its share price further downwards.

A international syndicate of corporates and venture investors join various US public bodies supporting the energy storage company.

J Sainsbury joins the Prince of Wales' private estate backing the waste to energy company led by Alan Lovell, previously chief executive of UK-based renewable energy producer Infinis.

Nasdaq-listed Zipcar is the latest beneficiary of venture funding to turn to corporate venturing, leading a $13.7m round for the peer-to-peer car sharing company.

Corporate venturing unit Chesapeake NG Ventures seals its latest deal with 3M, to work together on compressed natural gas tanks, after the gas company unveiled a $1bn fund last year.

The level of corporate participation in the venture industry is welcomed by industry insiders although one market commentator warns the numbers could point to the end approaching in the latest technology cycle.