TNT cuts corporate venturing unit Logispring with court filings showing rare insights into the process.

A hybrid model of corporate venturing and open innovation increases the chances of success considerably.

Sweden uses state money to fund joint venture with Saab.

The 'dos' and 'don'ts' that might put the odds in favour of the new generation of utility corporate venturing units started in the past three years.

Merck Serono Ventures joins extended seed round for EpiTherapeutics, which has raised DKr51.5m ($9.2m) since launching in October 2008.

Online shopping clubs now account for about 20% of online fashion sales in Europe, according to eBay, which is buying Brands4Friends for $200m from strategic investors Holtzbrinck and Tengelmann Group.

Novartis Venture Fund previously backed Switzerland-based biotechnology company NovImmune that has just raised $21m.

Bertelsmann reinvests in local messaging service Blue Lion Mobile's series B round.

Undisclosed representatives from both Siemens Venture Capital and GIMV will take a board at PE International after investing $11m.

A start-up company will offer engineering and other services to the Russian oil and gas industries in a collaboration between Fluor and Sibur's Scientific Research and Design Institute for Gas Processing.