The Saudi Arabian diversified manufacturing and chemicals company has launched a Europe-based corporate venturing arm, to be known as SABIC Ventures.

GE Energy Financial Services has teamed up with investment firm KGAL to finance a concentrated solar power plant built by construction and technology firm ACS.

Polaris Industries has helped electric motorcycle manufacturer Brammo to close its series B round at $28m.

Proterra, manufactuer of a new kind of electric bus, has raised $15m from the Silicon Valley Bank, to add to the $30m it received in June from backers including Mitsui and GM.

With the aid of venture capital funding from outside, Cambridge Consultants has spun its holographic radar technology off as new company Aveillant.

Nest Labs, which launched its lead home energy management product on Monday, has attracted funding from Google Ventures and several venture capital (VC) firms.

The biomass firm has closed the first part of its series D round, having received investment from backers including British Petroleum and Unilever.

LED technology firm Bridgelux has attracted additional financing just two months after it raised $60m in its series E round and has now passed the $200m mark for financing.

Qualcomm, General Electric, Verizon and Constellation-backed energy management firm Consert has raised a further $7m according to a recent SEC filing.

Waste Management joins corporate-backed firm Physic Ventures investing in the US-based recycling incentives company, and sells it its social recycling platform Greenopolis.