Mainport Innovation Fund, which is backed by corporates including KLM and Rabobank, seals its second deal.

To continue success: energise European SMEs and drive economic growth, bringing down national barriers and light the fire of cross-border investment.

As part of a series of interviews with leading innovation and venture developers, Andrew Gaule, founder of the Corven Corporate Venturing Network, talks to Harmen Kielstra, open innovation leader at AkzoNobel Decorative Paints.

Tengelmann buys stake in the business which runs a platform for manufacturers to sell premium products to retailers.

Wouter Jonk, managing director of SET Venture Partners, an independent firm with local utility Delta as a limited partner, has become a board member of NGenTec.

Yvette Go, investment manager at SET, said: "With MicroShade, PhotoSolar has a great product in hand."

Yvette Go, investment manager at SET, said: "O-Flexx's proprietary thermo-electric solution is absolutely unique. What makes the technology significant is that it opens up markets where electricity generation from waste heat was never feasible before."

RWE Innogy has agreed to sell up to 100 units of the wind turbine in Germany by the end of next year.

Germany-based power utility RWE Innogy's corporate venturing unit has bought 20% of Sweden-based Airec, which makes heat exchangers for gases.

The deal with Mantex comes three months after RWE Innogy founded Innogy Venture Capital as a subsidiary company to formalise its corporate venturing activities begun in 2008.