The corporate venturing unit of public relations firm MWW has done its first deal, backing one year old start-up BuzzMob in a services for equity exchange.

The Time Warner-owned media business launches an accelerator.

The Spain-based Telecoms group plans to invest in 20 small UK businesses.

The Japan-based automotive supplier and safety technology company has teamed up with venture firm Lakeland to pursue a "part corporate venturing, part business development accelerator model".

The UK-based trading card game is set to expand internationally after picking up seed capital from investors including the Otto Group-backed eVenture Capital Partners.

Mobile marketing business Scan is the latest online startup to get seed capital from Google, with several VCs and angels also participating in the $1.7m round.

The industrial conglomerate and the organisation partner together on a pan-European basis in the latest tie-up by GE's Ecomagination Challenge, through which the company and partners have committed $134m.