Young Entrepreneurs Academy (YEA!), an entrepreneurship program for middle and high school students, awarded seed money to five startups in the Tuscaloosa, Alabama area after the student founders presented their business plans.

Nokia said its $7.2 billion deal with Nokia is set to close on April and not in the first quarter of this year as was originally planned, TechCrunch reported.

Facebook founder Mark Zuckerberg, Hollywood actor Ashton Kutcher, and Tesla founder Elon Musk invested $40 million in the second funding round of secretive artificial intelligence (AI) startup Vicarious.

The US Office of Energy Efficiency and Renewable Energy (EERE) awarded $17 million to clean energy businesses across 13 states to tackle the big problem of energy consumption.

Arusha, Tanzania-based solar energy provider Off Grip Electric scored $7 million in a funding round led by Vulcan Capital, SolarCity, and Omidyar Network to power homes with prepaid electricity.

WelVU, a startup that offers a multimedia patient engagement technology platform, raised $1.25 million from unnamed investors for its initial seed funding round, VentureBeat reported.

Denver, US-based health tech firm Welltok Inc acquired Seattle-based health app developer Mindbloom for an undisclosed amount to establish itself in the mobile health space.

Zaragoza, Spain-based paper and packaging firm Saica purchased Istanbul, Turkey-based paperboard producer OMK for an undisclosed amount to establish its position in the European market.

Winston-Salem, US-based specialty crop developer Technology Crops International (TCI) bought Hampshire, UK-based firm Premium Crops Ltd for an undisclosed amount to expand its product portfolio.

London, UK-based Video-on-Demand (Vod) service Screenburn raised $500,000 (£302,000) in an angel funding round to fuel its expansion for 2014 and to continue monetizing the presence of music and film artists on Facebook.