A company responsible for developing a software platform that enables broadcasters to deliver personalised content to users’ mobile devices has secured an £850,000 investment, led by the MEIF Proof of Concept & Early Stage Fund – managed by Mercia Fund Managers and part of the Midlands Engine Investment Fund. As part of the deal, University
National investment group Mercia Technologies PLC is pleased to announce a £1.5million follow-on investment into its direct investment, Voxpopme, to support the further scaling of the business as it is set to double its revenues this year. This investment will support the expansion of Voxpopme’s technical and commercial teams with new hires in its offices
Two award-winning inventors with a mission to develop more sustainable batteries have secured £150,000 to help launch their latest product from the Midlands Engine Investment Fund’s Proof of Concept & Early Stage Fund, managed by Mercia Fund Managers. Amrit Chandan and Carlton Cummins of Aceleron have achieved a world first by developing a lithium battery
In-app ad-verification platform Pubguard has strengthened its leadership team with the appointment of the former president and chief operating officer of SYZYGY as its chairman. Andy Stevens founded online media planning and buying agency Unique Digital in 2001, which he then sold to SYZYGY in 2010. Andy has a wealth of experience and has previously
Expandly, a Milton Keynes based company whose e-commerce software allows retailers to sell across multiple channels worldwide, has closed a £580,000 funding round led by Mercia Fund Managers. The investment, which will create five new jobs, includes £250,000 from the MEIF Proof of Concept & Early Stage Fund which is managed by Mercia for the
The Link App, a revolutionary tool for law firms, which provides fast and effective ways of communicating with their clients, has received an exciting upgrade. The five products that make up its communication platform, including the mobile app for clients, have been updated with the aim of improving the interaction between law firms and clients
Mercia Fund Managers has expanded its Loans team with the appointment of Andy Heaton as Investment Manager. Based in Mercia’s Preston office, Andy has over 30 years’ experience as a banker. His role is to provide finance to support growing SMEs across the UK, with a particular focus on the North of England, and to
There is now a wider range of funding options to support management buy-outs, says Paul Taberner, Head of Debt at Mercia Fund Managers With the baby boom generation reaching retirement, many business owners will look to sell in the coming years. For small firms, the most likely buyers may be managers already working in the
National investment group Mercia Technologies PLC is pleased to announce that its direct investment, VirtTrade, is partnering with Valiant Entertainment to create Valiant Heroes, a comprehensive digital collectible card game based on the comic book publisher’s characters and titles. VirtTrade, a developer and publisher of digital trading cards, will create a series of collections focused
Mercia Technologies PLC is pleased to announce that Aston EyeTech Limited (Aston EyeTech) has secured a multi-million pound product design, development and manufacturing contract with one of the largest, most successful and fastest growing optical retailers in the world. Aston EyeTech is revolutionising the eyecare industry through increased portability, wider accessibility, lower costs and better