Invizius has been named as one of 2018’s Fierce 15 med tech companies, designating it as one of the most promising private companies in the industry. Invizius has developed H-GuardTM, a biotechnology product that acts as an “invisibility cloak”, hiding life-saving medical devices from patients’ immune systems. The company’s first application targets the blood filter
Dr Alistair Forbes, Head of Software & The Internet outlines why there has never been a better time to start a technology business in Edinburgh. The ecosystem supporting start-ups and scale-ups is strong; with funding, mentoring and affordable office space, the technology sector in Edinburgh is thriving. But don’t just take our word for it,
Mercia Fund Managers has expanded its investment teams in the Midlands with three key appointments. Dr Jo Slota-Newson and Stephen Windsor will be providing businesses in the region with investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund. Jo, who
A long-established building products business has undergone a management buy-out backed by a £500,000 loan from Mercia Fund Managers. Quantum Profile Systems, which employs 90 staff at its headquarters in Oldham, is a leading supplier of contract flooring accessories and plastic extrusion products to builders’ merchants and window manufacturers. The deal gives control of the
Mercia currently has five direct investments within its Software & the Internet portfolio. Having successfully exited Science Warehouse in early 2018, the Group made new direct investments into two companies during the year, Voxpopme and W2 Global Data Solutions, both having been previously supported by Mercia’s managed funds. Together, the current Software & the Internet
A Leicestershire company which has developed a novel HR software platform has secured £250,000 investment from the MEIF Proof of Concept & Early Stage Fund, managed by Mercia and part of the Midlands Engine Investment Fund StaffCircle’s platform helps clients to improve communication and feedback between employees in different location, providing them with easy access
Mercia Fund Managers has appointed Will Schaffer as Investment Manager. He will be supporting businesses across Yorkshire, with a particular focus on the Sheffield City Region. Will has six years’ experience in finance, most recently as a mergers and acquisitions specialist with KPMG in Leeds and previously with The McLean Group in Washington D.C. He
Business leaders from throughout the North East gathered at Newcastle’s Wylam Brewery to celebrate entrerpreneurship in the region at an event organised by Mercia Fund Managers. Almost 80 entrepreneurs and advisors attended the event, which aimed to explain more about the funding opportunities available through the £27.0m North East Venture Fund, which is part of
A Sheffield company which produces downloadable travel guides has closed a £325,000 funding round from NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. Horizon Guides aims to help people enjoy more authentic and memorable travel experiences. From seeing the Northern lights to visiting
An entrepreneur who has developed a new recruitment platform which allows companies to interview candidates by video has secured £350,000 from the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Fund Managers. Shine Interview, which is based in Sunderland, removes the need for the interviewers and the candidate