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OchreSoft receives £600,000

OchreSoft Technologies, a developer of conveyancing workflow software for law firms, has received £600,000 from its existing investors. The names of the funders have not been disclosed but the consortium included private equity provider and venture capitalist YFM Group.

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Chinese chemical float for AIM

IPO followers should watch out for petrochemical and speciality chemical concern HaiKe Chemical Group, planning to raise £10 million through Hanson Westhouse.

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ReGen poised for funding

AIM-listed biotechnology business ReGen Therapeutics is poised for new funding after announcing bullish test results for its Colostrinin Alzheimer's treatment.

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Planet in $7.6 million placing

Planet Payment, the AIM-quoted international multi-currency payment processor guided by Philip Beck, has successfully lured in several savvy investors and widened its shareholder base by way of a $7.6 million private placing.

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AuPix secures £525,000

AuPix, a developer of telecommunications systems, has secured more than £500,000 to develop its business.

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Backing for Vegetarian World

Mike Firth, who has interests in a fruit products company and a sugar importer, has added an organic and vegetarian foods manufacturer and supplier to his portfolio. He now holds all the equity in Vegetarian World after buying the company for an undisclosed sum.

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Attractive figures emerge from Chrysalis

Chrysalis VCT, the trust that merged three VCTs into one, this week boasted of a ’very strong recovery’ since it became self-managed in April 2004, but admits the insubstantial £1.1 million raised before the end of the last tax year was ‘a disappointment’.

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Framlington picks Energetix

Two Framlington AIM VCTs, part of French insurance giant AXA’s asset management interests, have taken stakes of 1.39 per cent and 1.94 per cent in recently floated Energetix Group.

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Attractive figures emerge from Chrysalis

Chrysalis VCT, the trust that merged three VCTs into one, this week boasted of a ’very strong recovery’ since it became self-managed in April 2004, but admits the insubstantial £1.1 million raised before the end of the last tax year was ‘a disappointment’.

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Framlington picks Energetix

Two Framlington AIM VCTs, part of French insurance giant AXA’s asset management interests, have taken stakes of 1.39 per cent and 1.94 per cent in recently floated Energetix Group.

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Entrepreneurs thrive on independence

While financial gain may commonly be perceived as the main reason to start up an enterprise, research by YouGov shows an overwhelming 89 per cent of business owners rated independence to make their own decisions as a key benefit of running a business.

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Ex-Deloitte partner moves to Cobalt

Cobalt Corporate Finance, an European corporate finance adviser, has recruited Chris Williams, former corporate finance partner and global head of TMT (technology, media and telecommunications) at professionals services firm Deloitte, as its newest partner.

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Redhall buys nuclear engineering businesses

Redhall Group, an engineering support services outfit, has bought two specialist contractors to the nuclear industry. Redhall has added Steels Engineering Services and Steels Engineering Design to its portfolio following a £2.1 million deal.

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Management buys Purac from AWG

Process engineering specialist Purac has been bought by its management for £19.1 million from water services and infrastructure management group AWG. The buy-out team funded the deal alongside equity provided by Aberdeen Asset Managers Private Equity.