Good Energies, the clean-tech venture capital unit of the Bregal holding company, has invested in a consortium backing the sky blues - Azzurro Semiconductors.

News provider Global Pensions said Denmark-based pension fund ATP's second venture capital fund would target local and Nordic-region information technology and telecommunications companies.

Elbrus Capital, previously known as Renaissance Private Equity but renamed after Europe's largest mountain (pictured), invested in Mail.ru in 2007 and sold out at its flotation earlier this month.

SSE Venture Capital and ABB Technology Ventures back Aquamarine Power's wave energy technology.

Germany-based phone operator Deutsche Telekom's corporate venturing unit leads $6m C round for MyThings.

Swisscom Ventures reaps reward from selling portfolio company Firecomms to ZJF Group.

Business networking site LinkedIn co-founder Reid Hoffman says corporate venturing can be critical for entrepreneurs as long as they avoid over-promising.

Silicon Valley Bank provides $9m in venture debt to Picochip, a UK-based supplier of computer chips.