European Investment Fund (EIF) finds venture capital driven less by tax than by innovation rate.

St Petersburg or Moscow likely venues if Rusnano's planned investment in Plastic Logic pay off.

A year after AIG sells venture capital operation Altaris the firm realises part of its Creganna-Tactx Medical stake.

Novartis and Truffle Capital part of consortium in $25.8m C round for Switzerland's Symetis.

UK-listed pharmaceutical company GlaxoSmithKline will own 18% of Convergence after asset spin-off.

Germany-based power group and utility RWE found Innogy Venture Capital fund.

Local news providers said BuyVIP's sale price could be about $100m if Amazon agrees purchase.

Corporate venturing units Hafslund Venture and Agder Energi Venture back Glo, a Sweden-based developer of lights.

Roche Venture Fund has reinvested in Horizon Discovery's third round of funding.

Yandex, Russia's largest search engine, backs Face.com's $4.3m series B round.