Germany-based company WPX Faserkeramik has raised an undisclosed amount of seed funding from High-Tech Gruenderfonds.

Ruselectronics plans to launch a business incubator as part of a $35m, three-year investment plan.

The Randstad Innovation Fund will target online, mobile, social media and big data, and has already made its first investment.

The executive will be promoted to head up the unit's US digital and mobile investments, and will be replaced by Jong Sang Choi.

Four years after establishing the European branch of electronics producer Samsung's corporate venturing arm, Michael Jeon will be moving to the US to oversee its mobile and digital investments.

The $42m recently raised by solar power electronics maker SolarBridge Technologies in a round led by corporate venturing unit Constellation Technology Venture scould be expanded, according to an SEC filing that indicates the business is still hungry for more capital.

The Sweden-based company, which uses nanotechnology to develop next-generation lighting products, counts Agder Energi Ventures among its existing investors.

Toyota Tshuho has bid $470m for a 51% stake in the Malaysia-based Kian Joo Can Factory, but looks set to be seen off by an existing bidder with links to the business.

Microsoft Ventures and Espirito Santo Ventures will be joined by another corporate venturing unit, Qualcomm Ventures, and will seek to secure up to BRL 300m ($127.8m) for the fund.