BMW will double the prize money awarded to winners of New York City's BigApps 2.0 event

Color raises $41m in green dollar bills from venture capital firms Bain Capital Ventures and Sequoia Capital and debt and equity provider Silicon Valley Bank.

Mark Boxer and Brian Fields, BBS Media's co-founders, will serve as vice-presidents of Glam Media Canada and in charge of publisher and brand-advertising sales.

Veolia Innovation Accelerator has partnered five companies, including Envolure, a France-based environmental analysis maker, software company Cosmo, Canada-based Ostara Nutrient Recovery Technologies, GreenRoad, a US fuel-saving start-up, and Advanced Cyclone Systems, a Portugual-based company to filter industrial pollutants.

New York City-based SeedStart Media 2011 is a summer programme for start-up companies in digital content, e-commerce, advertising infrastructure and mobile technology.

The winners of Saint-Gobain's third global innovation competition will also work with its Nova External Venturing team.

Citrix Startup Accelerator has invested an undisclosed sum in Primadesk, a service to help users search, manage and backup their personal cloud data.

A series A round is expected by mid-2011, Novacem said, after UK-based construction company Laing O'Rourke joins a $3m seed round.

Joining Henrijette Richter, investment director at Novo, in the seed round is venture capital firm Sunstone Capital.

SironRX spun out from Juventas Therapeutics and licenses products from its parent and Cleveland Clinic and will use the $500,000 seed money to initiate a phase II clinical study of its lead product.