The proximity-based dating app, which has racked up 6 million users, has followed up its $8m series A with an Idinvest-led series B that will support international growth.

The trade body made the decision to reflect its expansion from venture capital and private equity to cover pension funds and insurance companies.

Cambridge spinouts Aqdot and Cytora receive investment from UK-based investor Parkwalk and the university.

Crispin Leick is set to leave the corporate venturing unit, where he has served as managing director for five years, at the end of this year, to join ENBW's venturing unit.

Business Growth Fund has injected cash into ACS as the company plans to enter the US and offer tuxedo hiring.