Watch out America – BinaryBots, the Leeds-based robotics toy company, is ready to attack the US market thanks to a deal with one of the biggest distribution companies in the US. The deal with Alliance Entertainment has led to BinaryBots’ products being listed on Walmart.com and they are due to be sold by more US
A Yorkshire company which is a pioneer in the design of low-energy lighting is to launch a new product to be manufactured in the North with the help of a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. MG Lites
A Yorkshire company is hoping to clean up with the launch of a revolutionary new removable paint. Action Paint, which is the first product from York-based Renu-TPS and developed with support from Mercia Fund Managers, is due to go on sale in stores nationwide from early next year. However in the meantime it is making
Mercia published its 2018 Half Year Results on 3 December 2018. The commercial progress being made across the portfolio is accelerating. With Mercia’s increasing scale, we are now seeing a greater number of attractive investment opportunities for our managed funds, which bodes well for the future direct investment pipeline as we seek to build a
The Native Antigen Company ,a life sciences company which is backed by Mercia Technologies PLC, has launched a new range of tests for the Zika virus which represent a major step forward in the fight against the disease. The company’s new non-crossreactive Zika Virus immunoassays are not only more sensitive and accurate than current tests,
Mercia Technologies PLC has appointed Bill Yost as Investment Manager. Bill, pictured, brings over 20 years of hands-on, international experience of leading successful early stage technology businesses and consulting to a wide range of technology companies. He will be based in Mercia’s headquarters in Henley-in-Arden as part of the Electronics, Materials, Manufacturing/Engineering Investment Team. His
An award-winning Hull business which provides mechanical and electrical installation services is looking to boost growth after securing a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. The funding will allow GW Power-Safe to take on larger contracts and create
A common question among SaaS business founders is how fast their revenue growth has to be to attract investors and potential acquirers – what does good look like? As with most things, the answer is “it depends” – on things such as stage of the business, funds available, market conditions etc. However, there is a
A County Durham based business which has developed a better and safer X-ray technology has completed a £1.0million funding round which will allow it to bring its systems to market. IBEX Innovations has secured investment from the new North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia Fund
A Manchester business which has developed a digital screening platform that enables the rapid diagnosis of cancer has been awarded an £880,000 NHS development contract to bring the technology to market. Chromition, a University of Manchester spin-out which is backed by Mercia Fund Managers and its EIS Funds, has developed light-emitting particles known as Luminspheres™