Start-up aims to change the way companies price products

A Middlesbrough start-up which could revolutionise the way companies price their products has raised £650,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and private investors. Bubo.AI’s platform uses artificial intelligence (AI)  to analyse customers’ behaviour to understand what they are willing to

Fast-growing games studio raises £250k for new launch

SockMonkey Studios, a Middlesbrough-based games developer, has secured £250,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, to launch its first original game. SockMonkey is set to bring Fish Tanks to market this summer. It will be available on PlayStation 4, Xbox One, Switch, PC

Mercia EIS client journey – a webinar for advisers and paraplanners

Mercia‘s Head of Sales and Private Investor Relations, Dr. Paul Mattick joins Business Development Manager Russell Fryer, who present all aspects of the client journey when you choose to recommend Mercia’s EIS Fund, covering your clients’ journey. Topics for discussion were: Digital signing a pre-populated application form Our Investor Centre provides all our reporting, including

How will the changes to the furlough scheme operate in practice and how do you manage a return to ‘business as usual’?

As the country takes steps to move out of lockdown, many employers are getting a better feel of the longer term effects of Covid-19 and what the resulting recession will mean for their business and employees. In this webinar, our legal experts Paul Chamberlain of JMW Solicitors and Sarah Thawley, Mercia’s Head of Legal, discuss some

Mercia accredited by BBB under CBILS

Mercia Asset Management PLC is pleased to announce that the British Business Bank (“BBB”) has accredited the Group to deliver its Northern Powerhouse Investment Fund (“NPIF”) debt mandate under the new Coronavirus Business Interruption  Loan Scheme (“CBILS”). CBILS provides financial support, via its accredited lenders, to smaller businesses (“SMEs”) across the UK that are losing revenue and seeing their

‘Build your own app’ platform raises £1.2m

A Newcastle tech company whose software allows businesses to create their own mobile apps has raised £1.2m to further develop its product and expand its team. Nutshell Software has secured investment from two funds managed by Mercia – the Northern Venture Capital Trust (VCT) Funds and the North East Venture Fund (NEVF), which is supported