£2.6m opens up world of opportunity for Living Map

Living Map, the digital map and data platform, has raised a further £2.6m investment from Committed Capital, Mercia and other existing shareholders. The funding will allow the business to launch a new software package that will enable its technology to be adopted by a much wider audience, including large indoor venues like airports, retail sites,

Construction firm looks to future with help of NPIF loan

A Doncaster construction firm aims to ‘future proof’ its business with the help of a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. GNE Contracting is planning to acquire new plant to fulfil its growing order book, adopt new technology and

£7.5million syndicated investment into Voxpopme

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager, has completed a £2.0million direct investment as part of a £7.5million syndicated funding round into Birmingham-based software company Voxpopme Limited (“Voxpopme”).  Julian Viggars, Chief Investment Officer of Mercia Asset Management PLC said: “Voxpopme is enjoying rapid revenue growth built from both domestic

New fleet software aids transition to electric vehicles

A Newcastle start-up with a new fleet management software designed with electric vehicles in mind has secured a £500,000 investment from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. The Algorithm People helps hauliers, fleet operators and final mile delivery companies  cut costs and emissions by

Biomass pioneer secures £2.3m to launch demo plant

A Teesside business which has developed a new way to generate fuel and chemicals from waste biomass has secured a further £2.3million investment to commercialise its technology. Nova Pangaea Technologies has completed a funding round led by NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment

Property management firm makes fourth acquisition

Barnsdales – a long-established Yorkshire-based property management firm – has hit the acquisition trail again with the purchase of Blake Property Management of Aylesbury for an undisclosed sum. It is the fourth acquisition in 18 months for Barnsdales and comes as the company has also secured a six-figure loan to support its ongoing growth from

Female tech team raise £950k for pricing software

Two female tech entrepreneurs who have developed the UK’s first software as a service (SaaS) platform to help companies manage rebate and pricing schemes have secured £950,000 from investors. Leanne Bonner-Cooke MBE and Colette Wyatt have received funding from Mercia Asset Management, the MEIF Proof of Concept & Early Stage Fund, which is managed by

Uni spin-out has ‘cracked’ mobile screen problem

A University of Leeds spin-out which is pioneering a new way to make toughened glass for mobile phone screens and wearable devices has secured £600,000 to prove the benefits of its technology. Optimus Vitrum has received backing from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse

Meet the digital firm transforming NHS patient care

A business which is transforming healthcare through the use of digital technology has secured a £650,000 investment from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. The funding will allow Advanced Digital Innovation (UK) Limited (ADI) to boost uptake of its flagship product, MyPathway.

Developments in healthcare provision and technology

Dr Isabel Dodd talks exclusively to Investment Week about developments in healthcare provision and technology.  In this article Isabel looks at the key themes investors should look out for in the life sciences arena and the significant progress in the life sciences industry. You can read the full article here.