Founder of Sweden-based venture capital firm Siguiente Capital steps up role at US-based media and marketing company Odyssey Pictures.

Compass EOS aims for $20m in latest round of funding from Cisco Systems and venture capital firms.

Undisclosed backer provides funding to Amplio Filtration subsidiary.

Largest series A round in France for five years sets up Merck Serono spin out Poxel for diabetes drug development.

NESTA calculates venture capital funding in UK fell by about a quarter last year.

German software company joins Canada's Research In Motion as strategic backers to telecoms services company Aepona.

Russia's Skolkovo Project, its equivalent of America's Silicon Valley, gains $1bn backing from Cisco to find new deals and help entrepreneurs.

Israel-based Perfecto Mobile gains undisclosed funding from Vodafone Ventures.

Hubert Burda Media's former in-house venture division invests for a minority position in Frontline.

Samsung and Intel back UK-based PicoChip's $20m sixth funding round.