Peter Cowley, founder of corporate venturing unit Martlet, won the Angel Investor of the Year award at the beginning of this month from UK trade body the UK Business Angels Association. The award will mean Cowley will be a figurehead for the promotion of angel investing in the UK.

The Kaplan EdTech Accelerator, now in its second year, has announced the 12 finalists that will participate in its three month New York programme.

Led by a group affiliated with Trimaran Capital Partners, the series B also included R2M Investments.

East Anglia University spin-out Spectral Edge secures an investment from Iceni Seedcorn Fund and Rainbow Seed Fund.

Durham spin-out Kromek adds a contract worth $620,000 with several Asian airports to its list of recent deals.

InoCardia has secured the investment from Mercia Fund Management.

Spin-out 525 Solutions receives $1.5m to extract uranium from the ocean.

Portland State startup has secured the investment in a second round of angel funding.