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Julie Meyer’s ACE Fund closes first deal by investing in app-building business

Cloud-based mobile applications software business ClickSlide has closed its maiden seed funding round ahead of the launch of its ClickSlide Abacus product.

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Business Growth Fund kicks off 2013 with oil and gas investment

A second investment in the oil and gas sector has seen the Business Growth Fund provide equity funding to Magma Global.

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AIM delistings at lowest in seven years despite continued fall in market population

The number of businesses leaving the Alternative Investment Market has fallen to its lowest level since 2005, new research shows.

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Digital Barriers begins to spend new acquisition war chest

AIM-listed Digital Barriers has kicked off its 2013 acquisition activity by buying Visimetrics.

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Lamellar Biomedical gets £3.3 million capital injection to develop treatments

A Scottish biomedical company has received the support of a number of equity backers as it looks to continue with the commercialisation of its products.

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ECI Partners backing for Citation as it brings in new chairman

Private equity firm ECI Partners has purchased a majority stake in Citation to allow the employment law and health and safety advisory firm to target future growth.

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Recite Me nets return backing from Northstar Ventures as it banks on legislation demands

Northstar Ventures' Finance for Business North East Accelerator Fund has backed a Gateshead-based company which helps those who are dyslexic and visually impaired use the internet.

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BuzzFeed aggregates investors to lock up $19.3 million of new funding to drive social expansion

Social news aggregator BuzzFeed has closed a Series D funding round and outlined intentions to open a London office in 2013.

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Recite Me nets return backing from Northstar Ventures as it banks on legislation demands

Northstar Ventures' Finance for Business North East Accelerator Fund has backed a Gateshead-based company which helps those who are dyslexic and visually impaired use the internet.

News

BuzzFeed aggregates investors to lock up $19.3 million of new funding to drive social expansion

Social news aggregator BuzzFeed has closed a Series D funding round and outlined intentions to open a London office in 2013.

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E-commerce lending platform iwoca attracts Beyond Digital as venture backer

Loan provider iwoca has received capital itself through a funding round led by Beyond Digital.

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Comet, La Senza and JJB Sports amongst surge of 2012 retail administrations

The number of retail insolvencies in the UK has grown by 6 per cent over figures from 2011, new research shows.

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James Caan-fronted Start-Up Loans scheme nets extra government cash

A £35 million increase to the coalition government’s Start-Up Loans scheme has pushed the amount available to prospective entrepreneurs over the £100 million mark.

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Avis drives off with car sharing business after snapping up Zipcar

Car sharing business Zipcar has been acquired by Avis Budget Group through a deal worth $500 million (£307 million).

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