A company which has developed a revolutionary glass coating that protects against the sun has set up its headquarters in Nottingham following a £250,000 investment from the MEIF Proof of Concept & Early Stage Fund, managed by Mercia and part of the Midlands Engine Investment Fund. Solaris Technology’s coating blocks unwanted solar heat gain and
An Internet of Things (IoT) solutions provider for small and micro manufacturers has secured £250,000 to support its growth from NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. The funding will help Elements Technology Platforms to develop its headquarters, staff base and product
BlackCurve – the pricing optimisation software company which is backed by Mercia’s EIS Funds – has secured a further £1.5m funding round to accelerate its development. The investment, which is led by Nauta Capital and includes follow-on funding from existing investors including Mercia, will allow the company to double the size of its team and
A Leeds-based tech firm which has developed one of the UK’s leading marketing automation platforms has secured a £250,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. The funding will support the ongoing development of Force24’s platform and allow it to
As it reaches the second anniversary of its launch, the Northern Powerhouse Investment Fund (NPIF) is celebrating having directly invested £100m in 385 Northern-based SMEs, in deals that have attracted an additional £84m of investment from the private sector. The £400m investment fund was launched in 2017 by the British Business Bank using funding from
A Lancashire business whose health and safety software is used by leading names such as Coca-Cola is set for growth with the help of a £200,000 loan from Lancashire Rosebud Finance, which is managed by Mercia Fund Managers. The funding will allow Sevron to create six new jobs at its headquarters in Leyland and step
In my experience, most businesses have ambitions for growth but many find themselves struggling to achieve their self-imposed growth targets and hence fail to drive revenues above a “steady-state” run rate. The need for a clear & measurable growth plan, together with the key steps that businesses need to take for a successfully execution, is
Mercia Technologies PLC (AIM: MERC), the national investment group focused on the identification, creation, funding and scaling of innovative technology businesses with high growth potential from the UK regions, is pleased to note that AIM listed portfolio company Concepta Plc (“Concepta”) has today announced a commercial partnership with Walgreens Boots Alliance for the supply of
On International Women’s Day, female representatives of Mercia’s investment team argue that whilst there are shortcomings in the VC industry, some progress is being made but insist that mandating female-led investment levels is not necessary. Many institutional investors employ no women at senior level, with industry wide figures reaching a paltry six percent. Mercia’s Investment
Quick Reach Powered Access – a fast-growing national equipment hire business – has secured a £4.5million equity investment from Mercia Fund Managers. The investment, which is the second from Mercia’s £45.1million EV Growth II fund, will allow the Manchester-based company to double its fleet of powered access equipment and continue its nationwide growth. Founded in