Latest from Travel

Global sites: Andante Travels runs tours to locations including Machu Picchu

Panoramic Growth Equity deal sees new backing and CEO arrive at Andante Travels

Fledgling investment firm Panoramic Growth Equity has closed its fifth deal and backed travel company Andante Travels.

Private hire: Addison Lee secured the tender for the London Olympic Games

Addison Lee drives over to Carlyle Group to fuel up for international growth

The Carlyle Group has made what it describes as a 'significant investment' in private hire service Addison Lee.

Travel use: Masabi's technology is being used by Boston's MBTA transport system

UK mobile firm Masabi nets $2.8 million investment and opens New York base

Mobile ticketing business Masabi has closed its third institutional funding round and invited two new investors to the table.

Local experience: Onefinestay has a choice of houses in London and New York

Video: Onefinestay's Greg Marsh on utlising advisers such as Brent Hoberman

Having spent time on the other side of the fence as a venture capitalist, Greg Marsh is giving entrepreneurship a go and has seen his 'unhotel' business Onefinestay grow out of its beginnings in London to operations in New York.

Global sites: Love Home Swap's sites include this Copenhagen family home

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 secered through its two 2012 fundraisings.

Air and sea: The transport company offers services by boat and by plane

Isles of Scilly Steamship Company joins Asset Match trading platform

Asset Match, a platform for trading shares in private companies which recently acquired Sharemark, has added the Isles of Scilly Steamship Company to its members.

Mini motor: Zipcar has an established presence in the UK market

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).

Tracking system: Route Monkey software in operation

Route Monkey closes second £500,000 funding deal with regional backer

Vehicle tracking software business Route Monkey has secured £500,000 of investment for the second time in its lifetime.

Swap location: cliff top villa with ocean views on the Coral Coast, Fiji

Love Home Swap closes second MMC Ventures-led fundraising round of 2012

MMC Ventures has backed Love Home Swap for the second time in 2012 by investing £800,000.

Taxi apps: Click A Taxi follows in the footsteps of Hailo which raised £10.6 milion

Click A Taxi is the latest taxi app to hail investment 

Taxi booking network Click A Taxi has announced a second angel funding round of $1.5 million (£944,000).

Entrepreneur to investor: Hoberman co-founded PROfounders in 2009

PROfounders Capital leads round into busuu.com as Brent Hoberman joins the company board

Lastminute.com co-founder Brent Hoberman has joined the board of language learning social network busuu.com as part of a €3.5 million investment round.

Flash sales: Secret Escapes offers discounted luxury holiday breaks

Secret Escapes aims for membership growth after Index Ventures-led funding round

Index Ventures has led a funding round into Secret Escapes, which sees the holiday flash market sales website net £8 million.

Problem solving: HouseTrip started after a complicated Scottish booking

HouseTrip adds Accel Partners as investor and locks up a further $40 million of funds

London-based holiday rental business HouseTrip has taken its total fundraising to date to $59.7 million (£37.3 million) after closing its Series C round.

L-R: Trevor Winckworth, CEO of IHG, and Dawn Guiney of Kernel Capital

In Hand Guides navigates its way to Kernel Capital deal

A Cork-based business which provides hand-held audio players to the tourism market has netted €400,000 of development capital.

Forest escape: Forest Holidays has 315 cabins across the UK with plans for more

LDC hits 14 deals worth £215 million for 2012

Private equity firm LDC has invested in rural holiday accommodation business Forest Holidays to aide a new site roll-out.

The unknown: BeGo's Leong arrived in the UK with the wrong type of insurance

Midven backs student services business BeGo

A business spawned by two University of Warwick students has secured an investment from Midven's Early Advantage fund.

Done deal: L-R Danny Moore of Lough Shore and Adam Ewart of SendmyBag

Dragons' Den failure SendmyBag packages new funding deal

Door-to-door baggage service SendmyBag has secured investment from a venture capital firm after failing to secure capital on BBC's Dragons' Den.

Penguin watch: CDP will look to capitalise on the underserved Polar region

Compagnie du Ponant sails over to Bridgepoint

European private equity firm Bridgepoint has acquired French luxury cruise line company Compagnie du Ponant.

Airline Services has an annual turnover of £60 million

Airline Services lands MBO with LDC

LDC has continued with its interest in the aviation market by backing Airline Services, a business which now joins fellow portfolio company AIM Aviation.

Alex Saint - setting up Tech City

The stars of Tech City - Part 1

In the first of three video diaries looking at the stars of Tech City, GrowthBusiness speaks to Alex Saint, CEO of Secret Escapes.

More from GrowthBusiness

The Entrepreneur

Local appeal: Salmon & Trout is Cockney rhyming slang for snout (cigarette)

Acting quickly to capitalise on a new market

Time was of the essence when Mario Di Giorgio, CEO of e-cigarette brand Salmon & Trout, launched his business. He explains how being proactive worked.

Growing A Business

Stifling business: Regulation on markets like AIM makes it hard for SMEs

Light touch regulation: Friend or foe? 

Sophia Harrison, director of financial and professional services at Grayling, looks at how a new exchange platform out of Sweden could strike the right chord of regulation for SMEs.

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.