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,
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
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
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
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
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
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
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.
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.
A Cheshire contracting firm has undergone a management buy-out, backed by a six-figure loan from the EV SME Loans fund, managed by Mercia. Power Installations, which employs a team of 11 in Nantwich, provides specialist cable jointing services to the electricity distribution networks. The deal gives control of the business to the long-standing management team