Venture capital firm Lerer Ventures led the round for Yoke, which was founded by Rob Fishman, former Huffington Post social media editor.

Loyola University Maryland partners with Wasabi Ventures on an accelerator, strenthening the ties between the firm and the university.

The Phillippines' Globe Telecom launches incubator Kickstart Ventures.

India-based seed fund Kae Capital, led by Sasha Mirchandani (pictured), formerly BlueRun Ventures' India head, reportedly raises $25m with venture firm and fund of funds backing.

The venture capital firm backed by the German government and many Germany-based corporations invests in the technology of a media monitoring spin-off from Humboldt University.

Finland-based phone maker Nokia, which uses software group Microsoft's mobile operating system, will both fund the $24m programme, AppCampus, over the next three years.

Genacast-backed travel company reportedly switches to business to business focus.

The competition was won by an urban pod designed for the Brazilian city of San Paolo.

The ad agency teamed up with social gaming company Perfetti Van Melle, which owns the Chupa Chups brand on its first game.

Alongside Google Ventures in the seed round were venture capital firms Andreessen Horowitz and Khosla Ventures and angels.