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Trade exit for Smedvig Capital as it sells Selstor business

London-based venture capital fund Smedvig Capital has sold its interest in self storage business Selstor to a trade buyer.

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Irish biotech firm Algae Health nets funding to target exporting

An investment of €1 million (£854,000) is set to allow biotech business Algae Health to recruit an extra 23 people in the coming three years.

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Etsy buys mobile app start-up Mixel to develop its own offering

A US-headquartered e-commerce platform for vintage products and handmade items has bought Mixel.

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Third fundraising round for Asalus Medical Instruments as it targets product launch

Asalus Medical Instruments has raised £1.25 million ahead of the launch of its Ultravision technology in the second half of 2013.

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Gresham Private Equity secures first exit of 2013 as it offloads 7city Learning

Mid-market investment firm Gresham Private Equity has exited its interest in portfolio company 7city Learning through a trade sale.

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Med ePad secures new chairman and chief executive alongside funding round

An equity investment of £150,000 has been netted by healthcare technology business Med ePad.

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Love Home Swap closes maiden acquisition as it gets the keys to 1stHomeExchange

Venture capital-backed Love Home Swap has landed its first acquisition, using the investment capital it secured through its two 2012 fundraisings.

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Non-executive pay in Europe fails to grow during 2012

Salaries for non-executive directors across Europe are remaining frozen as they track the restraint shown in executive pay, research finds.

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Love Home Swap closes maiden acquisition as it gets the keys to 1stHomeExchange

Venture capital-backed Love Home Swap has landed its first acquisition, using the investment capital it secured through its two 2012 fundraisings.

News

Non-executive pay in Europe fails to grow during 2012

Salaries for non-executive directors across Europe are remaining frozen as they track the restraint shown in executive pay, research finds.

News

Imperial Innovations teams up with Pentech Ventures in Semetric funding round

Technology commercialisation investment fund Imperial Innovations has taken part in a funding round for software company Semetric.

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Entrepreneurs react to David Cameron’s European Union speech

Nearly 40 years since the UK became a member of the European Economic Community, prime minister David Cameron has outlined the future of Britain's involvement. GrowthBusiness talks to entrepreneurs to find out whether they agree with his plans.

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New advisory hires for government’s business bank includes BGF chief executive Stephen Welton

A month after appointing former chief executive for the Bank of Scotland Peter Burt to chair an advisory board for the new business bank, the government has announced a number of further appointments.

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Final quarter yields upturn in TMT and retail buy-outs

The lower mid-market is boosting the amount of deals closed in the UK's private equity market, new figures show.

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