Qualcomm and Sierra Wireless provided the funds, which the mobile connectivity company plans to use to expand internationally.

The online marketing startup has now raised approximately $8.3m from two rounds featuring Sanoma.

Disruptive Materials will give rejected drugs a second chance.

A consortium including Buongiorno and Teknologiudviking have backed the new $8.6m Impact accelerator, which will fund mobile app startups.

The motion picture producer has formed a strategic partnership with the Finnish app developer to expand into new game space.

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.