Mitsui said as it had 155 offices worldwide and extensive business units, investments and partnerships across global energy efficiency and green building channels, it was a strategic investor in Redwood.

Tate & Lyle Ventures is Lumora's major shareholder having previously backed the company.

Time Warner-backed Six Degrees Games raises C round.

Suli Ali, chief executive at TinyCo, said: "We are thrilled to announce the launch of the TinyFund -- a $5m fund to help promising iOS and Android developers bring hits to market."

Marc Faucher, a partner at BlackBerry Partners Fund, said: "Fuse brings a unique, analytics-driven approach to the mobile gaming publishing space that optimizes both game discovery and monetization."

Andrew Williamson, a director at Physic Ventures, said: "WaterSmart brings meter data to life and empowers homeowners with the tools and the personalized data they need to reduce their water use without sacrificing their quality of life. They make it easy and fun to be water efficient."

The spin out of ImageIQ followed Cleveland Clinic's creation in January of an Innovation Alliance with MedStar Health, a $4bn not-for-profit regional health care system based in Maryland.

Susan Schramm-Apple at Merck has become a director at AdFlow, according to its regulatory filing.

Disney's Steamboat Ventures owns about 7% of SmallWorlds, which was launched in 2008 and has nearly six million registered players.