Lubben had been the former head of DSM Licensing since January 2009 and now manages its Ventures unit.

Stars align for Cognovo's creation out of UK-listed semiconductor designer ARM.

As part of a series of interviews with leading venture investors and developers, Andrew Gaule, founder of the H-I Network and Corporate Venture Senior Executive Forum, talks to Stephen Lake, managing partner of Cody Gate Ventures.

Sorin Group joins medical device peer Medtronic in backing MD Start, a Switzerland-based healthcare incubator.

Nokia's investment nearly doubles previous funding for SponsorPay.

French engineering companies Alstom and Schneider Electric formed Aster in January last year out of Schneider Electric Ventures and has now added Rhodia as the third cornerstone limited partner in the latest fund.

A series A round is expected by mid-2011, Novacem said, after UK-based construction company Laing O'Rourke joins a $3m seed round.

The liver helps regulate one of medical sciences' four humours in the blood and Royal Society Enterprise Fund has backed OrganOx.

Bayerische Motoren Werke will sell two cars, BMW i3 and BMW i8, from 2013 under the sustainable BMW i brand and invest in seed and series A round deals through the BMW i Ventures team.

Wonga previously raised about $28m since starting in mid-2008 but adds $120m from Wellcome Trust and venture capital firms.