Latest from Market & Sector Focus

London's start-ups: Duedil has previously mapped the Silicon Roundabout area

Tech City mapper Duedil attracts Spotify investor and Notion Capital to its Series A round

Private company financials business Duedil has raised $5 million through a Series A funding round.

Health services: Optimum Care provides homes and care to elderly residents

Kurt Geiger backer Graphite Capital sells Optimum Care to Terra Firma business

The private equity firm behind investments in Wagamama and Paperchase has sold its stake in Optimum Care through a trade sale.

New tact: It's hoped the business bank will make access to capital easier for SMEs

First stage of Vince Cable’s business bank kicked off with initial £1 billion kitty

Business secretary Vince Cable has unveiled the first phase of the government's new business bank, its latest initiative to encourage lending to SMEs.

Gearing up: Planet X Bikes now has the management team it needs to grow

Planet X Bikes plots expansion course ahead of 2014 Tour de France UK visit

As the UK is increasingly swept up in Bradley Wiggins mania, Sheffield-based Planet X Bikes is gearing up for rapid growth on the back of a new funding package.

No more tears: Watertronix eliminates chlorine from swimming pool water

MabLyte and Watertronix backed by new Mercia Fund Management hybrid EIS and SEIS fund

Two new investments for Mercia Fund Management has kicked off its Mercia Growth Fund 1 efforts.

Cloud technology: Abiquo is hoping to expand the capabilities of its platform

Oxford Capital teams up with Balderton and Nauta to back Abiquo

Cloud management software provider Abiquo has now raised $17.9 of venture capital takings following its latest round.

Fertility clinics: Create Health provides IVF and IVM treatments

ISIS Equity Partners makes first investment of 2013 and backs Create Health

A £5 million investment from Isis Equity Partners' Baronsmead VCTs will be used to aid the development of a new fertility clinic for Create Health.

Mobile exposure: Somo helps businesses build customer engagement

Boris Johnson’s MMC London Fund makes investment into mobile firm Somo

MMC Ventures has made its fourth play from its MMC London Fund a day after it was officially launched at City Hall in London.

Event booking: Fatsoma has listings including clubs in Ibiza

LateRooms co-founder backs Twitter and Facebook-based event ticketing platform Fatsoma

An undisclosed investment from The North West Fund for Digital & Creative into Fatsoma has included a commitment from LateRooms co-founder Chris Allen.

Business services: Amongst Redstone Group's offering is data centres

Demerger creates two businesses out of AIM-listed Redstone Group

Redstone Group has demerged its network-based managed services business so that it can begin operating as a separate entity.

Capital aim: The tender is part of Boris Johnson's  Economic Development Strategy

London mayor Boris Johnson awards London venture capital fund tender to MMC Ventures

MMC Ventures has launched its MMC London Fund after winning a mandate from the Mayor of London and the European Regional Development Fund.

International growth: Ipes will be looking to expand out from its Guernsey base

Silverfleet Capital buys its own administration provider for £50 million

Private equity firm Silverfleet Capital has looked to within its own industry for its latest buy-out.

Flash sale: HMV store front window in London after the move into administration

Habitat and Borders saviour Hilco takes charge of HMV business

Specialist restructuring firm Hilco has followed up on its January acquisition of HMV's debt by acquiring the business and certain assets.

Building out: Anaplanâ™s CEO, Fred Laluyaux is leading its global growth

Salesforce.com joins Anaplan’s Series C round late to take VC takings over $50 million

Anaplan has added to the $30 million it secured in March by securing an extra $3 million as part of its Series C round.

Lough Shore first backed Converser after meeting at the Dublin Web Summit 2011

Dublin-based Converser gets follow on backing from Lough Shore Investments

Lough Shore Investments has closed its second deal of 2013 by investing in Dublin start-up Converser.

Growth aim: MBA & Company co-founders Daniel Callaghan and Adam Riccoboni

Former eBay and Madbid.com execs join MBA & Company as part of funding round

Digital talent marketplace MBA & Company has closed its second funding round and attracted two new venture backers.

On the up: Activity grew at the fastest rate since the Olympics-related upturn

UK services sector posts encouraging start-of-the-year figures

Incoming new work has contributed to the fastest growth seen in the UK services sector for over half a year, new figures show.

Future funds: Cleantech has had to weather a number of different storms

Making money out of cleantech the venture capital way

Getting a healthy return from a cleantech investment has often been hard work – but for David Mott and his Oxford Capital Partners firm, it’s made them award winners.

BVCA chairman: Simon Clark has set himself three distinctive goals

Simon Clark: Striving for easier fundraising and greater Euro engagement

Having spent a year shadowing former BVCA chairman Robert Easton, Fidelity Growth Partners’ Simon Clark is now stepping up to the role and has some ambitious targets.

Sporting spectacles: Arena Group build the site on Horse Guards Parade

VC-backed company behind London Olympics beach volleyball court acquires US firm

Event services firm Arena Group, which was behind the Olympic beach volleyball court used at the 2012 London Olympics, has closed the acquisition of a US company.

More from GrowthBusiness

The Entrepreneur

Quality not quantity: David Barker was careful not to get clients from one sector

Diversifying the client base at launch and learning to say ‘No’ 

David Barker reflects on resisting the temptation to say 'Yes' to the first offer when he opened his data centre, and how choosing instead to diversify his client base at launch has enabled 4D Data Centres to maintain rapid growth in a recession.

Growing A Business

Drip, drip: Leaks within the corporate world can be costly on many fronts

Corporate leaks: How to prevent and investigate if they occur

Bob Mecrate-Butcher, partner at Charles Russell, looks at how corporate leaks can first be prevented and then plugged when they do occur.

Comment & Analysis

Channeling Instagram for start-up success

That a team of 13 could build a business worth $1 billion should be the inspiration that all entrepreneurs need.

Research

Source of growth: There are 64 UK-listed cash shells holding £237.9 million

The rise of cash shells

New research from GrowthBusiness shows that the number of UK cash shells is climbing. We speak to new entrants to the market and those that have recently closed deals to find out what’s driving shells’ increasing popularity.