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

The European Intel-backed student innovation competition was won by a team which devised a food expiration detector.

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.

The effect of corporate VC investments on productivity turns out to be "negligible", according to the report, Venture capital: Policy lessons from the Vico project - a European Union-funded research of 8,370 European high-tech entrepreneurial firms.

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

The UK-based TV games network has closed its first round of funding since regaining its independence, a $5m series A round backed by Adobe and Gamestop.