Veolia Innovation Accelerator has partnered five companies, including Envolure, a France-based environmental analysis maker, software company Cosmo, Canada-based Ostara Nutrient Recovery Technologies, GreenRoad, a US fuel-saving start-up, and Advanced Cyclone Systems, a Portugual-based company to filter industrial pollutants.

Graeme Sands, director of corporate and structured finance at Clydesdale, is leading the new unit, which is expected to hire people to expand the franchise outside of Scotland after receiving board approval.

Intel Capital joins consortium investing $12m in Altobridge.

Icap invests 11% of its revenue on technology and has provided an undisclosed amount to its corporate venturing fund, Euclid Opportunities.

The $5.5m for Avangate is coming from venture capital firm 3TS Capital Partners' Technology in Central and Eastern Europe Fund (known as 3TS Cisco Growth Fund,) which was set up in 2007 and where Cisco is a main investor.

Alongside Dow Venture Capital in the round are an undisclosed hedge fund, secondaries investor Coller Capital and venture capital firms DFJ Esprit (after its merger with Prelude), Cody Gate Ventures (which is part-funded by Coller) and TTP Ventures.

Jim Barry, chief executive of NTR, will be chief investment officer on the $110bn BlackRock Alternative Investors platform's new renewable power investment team.

MFI is a spin out venture from the Fraunhofer Institute for Silicon Technology and has sold at least 25% to X-Fab Semiconductor Foundries.

The winners of Saint-Gobain's third global innovation competition will also work with its Nova External Venturing team.