Online furniture business Swoon Editions raises £1.2 million in venture capital. Its innovative ‘auction-led’ approach allows customers to buy limited edition pieces straight from the workshop.
The IMF upgrades its forecast for UK economic growth by more than any other major economy. In a major boost for the Government’s economic strategy, the IMF predicts that the UK economy will increase by 1.4% in 2013 and 1.9% in 2014.
London-based PTS Consulting Group receives £8.7 million from the Business Growth Fund. PTS helps its clients move into some of the most sought-after offices in the world, including London’s ‘Cheesegrater’ and ‘Walkie Talkie’.
The Training Room – one of the UK’s leading providers of vocational training and accreditation for gym instructors – secures £20 million in private equity. The funding will help it expand its 16 training academies around the UK and also internationally.
Social game developer Playdemic secures a “substantial” portion of the £15 million ‘North West Fund for Digital and Creative’. Playdemic has designed games for Facebook like Village Life and Gourmet Ranch.