The insurance provider raised the cash as telecom company Telenor agreed to incorporate an Asian joint venture into MicroEnsure.

Mobile games developer Flaregames has secured a further $12.2m from investors including Deutsche Telekom to expand its team and develop a raft of free mobile games.

Olivier Cognet has left telecom company Belgacom for Ginko Ventures, a new strategic VC that will invest in partnership with Foxconn.

The mobile telecom firm is moving the xone hub from California to London, and opening up a new branch in New Zealand.

Impetux Optics is a 2012 spin-out of the institution.

The financial services data provider will now seek to raise up to $1.14bn from its flotation, with several banks set to reap nine-figure returns.

The TTO plans to raise money from investors in the City of London.

It is one of the largest series A yet for a Cambridge spin-out.

Data and analysis portfolio companies for its corporate venture capital unit, KPMG Capital, will benefit from the R&D facilities at KPMG Insight Labs.