Corporate-backed BlackBerry Partners Fund looks at organisation change as global expansion begins.

Research by European Investment Fund finds governments responsible for nearly a third of venture funding

Research in Motion (RIM), a Canada-listed company that makes the BlackBerry mobile phone, has started raising a planned $100m corporate venturing fund for China.

US energy utility PG&E Corporation has renamed its corporate venturing unit after making its first investment since restarting the division in December.

US drug company Eli Lilly has promised to invest 20% of a $250m biotechnology fund being raised by the Australian state.

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip maker, has agreed to invest $5m to start a venture capital company in Shanghai, China.