Venture captial trust and Enterprise Investment Scheme fund managers, as well as trade bodies, have broadly welcomed the autumn budget, which lifted caps on retail investments and awarded the British Business Bank (BBB) an additional £2.5bn in funding.
IK's exit comes two years after it acquired a majority stake in the company via its IK Small Cap II Fund
Inflexion took a minority stake in IT service UKFast in 2018, increasing this to a majority in 2020
Biotech company will use the funding to advance its lead therapeutic programmes into clinical development
UK-based recruitment software platform Beamery has raised a $138m funding round led by Ontario Teachers' Pension Plan Board (OTPP) via its Teachers' Innovation Platform (TIP).