A Newcastle tech company whose software allows businesses to create their own mobile apps has raised £1.2m to further develop its product and expand its team. Nutshell Software has secured investment from two funds managed by Mercia – the Northern Venture Capital Trust (VCT) Funds and the North East Venture Fund (NEVF), which is supported
IBEX Innovations – the Sedgefield company which is a pioneer in X-ray imaging technology – has raised £535,000 to commercialise its new software to help detect breast cancer. The latest funding has come from existing backers the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia, along with
A company with an eco-friendly water treatment system that can reduce pollution levels has raised £550,000 to help roll it out to the water industry. Industrial Phycology (I-Phyc) has secured a second round of funding from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands
It’s time to exit with purpose and get ready to adapt to a world that embraces digital prospecting, Zoom pitches and a need to accelerate the sales process. Join founder of Sales Blueprint, Graeme Hall, as he provides you with the guidance you need to engage in the sales process in the ‘new’ normal world of
Patrick Dunne hosts this interesting webinar focussing on exit scenarios, recovery and the key variables you may face in your business post-COVID-19.
John Ashcroft from The Saturday Economist is on hand to guide us through the devastating impact of COVID-19 on the economy, the duration of the pandemic and the shape of the recovery.
Mercia Asset Management, which is one of the most active investors in regional SMEs, has invested over £11m in the seven weeks since the lockdown began. The company says it is still open for businesss, having completed 26 transactions during the crisis including new investments and support for its existing portfolio companies. Mercia – which
Medherant partners with Cycle Pharmaceuticals to develop new products using TEPI® Patch technology Mercia is pleased to announce that Medherant Ltd (“Medherant”), the transdermal drug delivery company in which it holds a 30.1% direct stake, has entered into a partnership with Cycle Pharmaceuticals (“Cycle”) to develop new products using Medherant’s proprietary TEPI Patch® technology. Under
Dr Paul Mattick hosts this webinar focusing on Mercia‘s EIS portfolio risk mitigation strategy in these unprecedented times, the impact of the Coronavirus on the economy and the opportunities and challenges that lay ahead.
StaffCircle – the Leicester-based HR software company – has raised a further £775,000 to build its sales and marketing team and expand its client base. The latest funding round was led by Blackfinch Investments and included the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands