A £5 million placing for Kea Petroleum is set to be used to fund facilities relating to flow testing and to drill further wells for its New Zealand-focused operations.
Ventive has followed up on being named as a regional winner in the Shell Springboard competition by securing £900,000 of funding from Mercia Fund Management and the Angel Co-fund.
Lending to small and medium-sized businesses through the government's Enterprise Finance Guarantee has risen by £20.1 million over the last quarter of 2012/13.
Salesforce.com is teaming up with three UK venture capital firms to create a competition for European start-ups creating enterprise cloud apps on the company's platform.
