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The rocket belt

If the remorseless horrors of the recession are making you want to head for the sanctity of a remote island, then rocket technology company Tecnologia Aeroespacial Mexicana may have the perfect escape.

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Virtual gaming site secures £610,000

MySapient, a virtual gaming site set to go live later this year, has received £610,000 in a funding round led by NorthStar Equity Investors.

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Finnish software company in US expansion

Comformiq, a Finnish software testing company, has received €3 million (£2.6 million) in venture capital and opened new headquarters in California.

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Waste technology business nets funding

AMCS, which supplies technology to the waste and recycling industry, has secured €5.25 million (£4.5 million) to fund continued global expansion.

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Ingenious goes back to the 1980s

Media-focused venture capitalist Ingenious has committed £1.1 million to a two-day music festival featuring musicians from the 1980s.

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Edward Mellor rescued

Manchester-based estate agency Edward Mellor has been rescued by its founder's son. For more deal headlines click here.

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Dimension buys Teksys

South Africa-based IT company Dimension Data has acquired Teksys, a UK Microsoft infrastructure and licensing services company, for an undisclosed sum.

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BG Group blocks Arrow

BG Group Plc, a UK conglomerate with a portfolio of exploration and production, liquefied natural gas, transmission and distribution and power generation business interests, has trumped Arrow Energy with an all-cash takeover offer for Pure Energy Resources.

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Dimension buys Teksys

South Africa-based IT company Dimension Data has acquired Teksys, a UK Microsoft infrastructure and licensing services company, for an undisclosed sum.

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BG Group blocks Arrow

BG Group Plc, a UK conglomerate with a portfolio of exploration and production, liquefied natural gas, transmission and distribution and power generation business interests, has trumped Arrow Energy with an all-cash takeover offer for Pure Energy Resources.

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Recycling company receives £4 million

New Earth Solutions, a waste management company, has received a further £4 million from environmental investor Impax Asset Management.

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Essex University project gets euro boost

Euromod, a research tool used to estimate the effects of taxes and benefits on households in Europe, has been awarded a grant of €4.5 million (£4 million).

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Peter Hambro raises £72m

Russian gold miner Peter Hambro Mining has raised £72 million gross (£68 million net) to reduce its short-term debt obligations.

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Trojan finds new financing

Trojan, a Birmingham-based corporate clothing supplier, has secured new working capital to keep trading after receiving a combined trade and invoice finance line worth £1.5 million from Davenham, an asset-based lender to the SME sector.

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