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Top story
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BaseKit nets £4m for international expansion
Chepstow website design company BaseKit Platform has secured £4m ($6.5m) in venture capital from Nauta Capital, Eden Ventures and the National Endowment for Science, Technology and the Arts (Nesta) to support its global ambitions. The capital takes investment in BaseKit to a combined £6.25m ($10m).
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Deals
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Dhais raises funds as losses narrow
Dhais, a hearing aid and wheelchair seller, has taken steps to bolster working capital through a proposed £450,000 shop sale and a £100,000 fundraising with HHI, a Portugal-based business. Half-year pre-tax losses at the Cardiff-based business have narrowed to £579,000, from £734,000 in 2009, on turnover which dropped to £3.5m from £5m.
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Companies
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Hawtin goes into administration
The board of South Wales property company Hawtin has put the business into administration after it was unable to pay £3m demanded by creditor Anglo Irish Bank.
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Tidal Energy secures project consent
Tidal Energy has received consents from the Welsh and UK governments to develop a project it hopes will provide clean tidal energy for about 1,000 homes.
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The Top 300 Companies marketing database
Are you looking to source new clients? Insider's Wales Top 300 Companies 2011 database is our accurate and comprehensive business marketing list, providing you with the strongest contacts for the region’s biggest companies. Order this month to receive a 10 per cent or request a free sample today (offer expires 31st August).
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People
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Microvisk beefs up its board
St Asaph-based medical device maker Microvisk Technologies has appointed Bill Moffitt as chairman and Peter Whitehouse as chief financial officer as it gears up for a UK product launch.
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Property and construction
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Funding deal drives golf company relocation
The Wales Golf Holiday Company has said it is set to increase turnover by 25 per cent this year after moving to new premises in Cardiff using funding from Lloyds TSB Commercial. The Heath-based business organises golfing holidays across Wales.
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Opco wins £2.5m hospice contract
South Wales construction business Opco has won a £2.5m contract to build for St David's Foundation Hospice Care in Newport.
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Events
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Nokia adviser to call in on Cardiff event
Nokia marketing adviser Kevin Chesters will pass on some of his accumulated wisdom at TEDxCardiff, a technology, entertainment and design conference on 9 April.
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