Intel does not have "budget limitations" for the Skolkovo projects, in Russia.

Solar-power computer maker Iunika prepares for $46m series A round and US expansion.

Samsung Ventures Europe (SVE) was one of two new investors - the other was undisclosed - backing the $16.5m investment round for Cambridge Broadband Networks, a data network equipment supplier.

Ireland-based utility ESB's corporate venturing fund has invested $7m in Bioflame.

Russia continues development of its Silicon Valley with Microsoft building a development centre in Skolkovo.

Acton Capital Partners invests an undisclosed amount in Momox, a Germany-based online buy-back service for media products.

Swisscom Ventures bought 8% of Switzerland-based LiberoVision in April 2007 and has agreed to sell to trade peer Vizrt.

The Emerald Isle promotes its venturing strategy in the first of a new series of places trying to support its entrepreneurial ecosystem.