UK-based quasi-public organization National Endowment for Science, Technology and the Arts (Nesta), Global Corporate Venturing and Kauffman Fellows identify main US and European accelerators and incubators.

Alstom takes 40% stake in AWS Ocean Energy.

Alongside Qualcomm Ventures in the round for We7 were angel investor and musician Peter Gabriel and venture capital firms Eden Ventures and Pentech Ventures.

Advanced audio technology is music to the Scandinavian fund's ears.

The PepsiCo10 programme, which already collaborates with venture capital firm Highland Capital Partners, OMD and technology publications Wired and Mashable, plans to work with 10 European technology start-ups to help its drinks brands.

Blink's technology is based on research carried out by the founding scientists Facundo Batista, at Cancer Research UK's London Research Institute in collaboration with Vincenzo Cerundolo at the University of Oxford.

3M New Ventures picked up the award selected by the German Federal Ministry of Economics and Technology, strategy consulting firm AT Kearney and Wirtschaftswoche magazine.

Germany-based industrial conglomerate Siemens had previously backed SVOX from its Siemens Mobile Acceleration corporate venturing fund in October 2002 before then selling its Professional Speech Processing Group to the portfolio company in January 2009 and now reaping an exit.