A Yorkshire photography and video business whose clients include major supermarkets and food producers has secured £250,000 funding from NPIF – Mercia Debt Finance, which is part of the Northern Powerhouse Investment Fund. Powerhouse is a creative content studio specialising in high-end commercial food, fashion and lifestyle photography and video content for leading global brands
As early and growth-stage investors we are obsessed with understanding where value creation will lie in the future. For Mercia’s Life Sciences & Biosciences team, this means focusing on the areas of healthcare where we can have the maximum impact on improving patient outcomes and reducing healthcare system costs. In this article, Dr Ash Patel
2017 has been a year of growth for Mercia, which has in part been enabled by the continued growth of the Group’s regional presence and significant increase in its funds under management. During the year, Mercia invested over £48.0million nationally across the group, highlighting its role as one of the UK’s most active technology investors
A Midland-based company that develops remote sensors for monitoring corrosion in oil and gas pipelines has secured £250,000 of investment from early-stage technology investor, Mercia Fund Managers. This has been met with a further £104,000 from Innovate UK through its investment accelerator pilot programme. The investment will support CorrosionRADAR with developing its technology and business
An award-winning outdoor goods retailer which has opened its first two stores in 2017 after trading online for over a decade has secured a £200,000 loan from Mercia Fund Managers to support its further growth. Alpkit produces its own-brand high-performance outdoor clothing, equipment and sports kit, as well as custom-made titanium bikes under its Sondor
A Salford company which has found a new way to create miniature speakers and extra-thin sound insulation using highly porous materials has closed a £635,000 investment round led by Mercia Fund Managers. Carbon Air’s technology stems from research by the University of Salford and uses activated carbon, whose structure enables it to absorb large quantities
An entrepreneur who is developing new software to improve the quality and safety of digital health apps has secured a £350,000 investment from Mercia Fund Managers. Sheena Macpherson’s company MIOTIFY is creating an online toolkit to help both developers and healthcare professionals to build medical apps and navigate key requirements needed for evidence in a
Mercia Technologies PLC portfolio company, PsiOxus Therapeutics, has announced that the Clinical Trial Application for NG-348, an “armed” oncolytic virus for the treatment of solid tumors, has been approved and, per the licensing agreement between the parties, Bristol-Myers Squibb will make a US $15 million milestone payment to PsiOxus. John Beadle, M.D., Chief Executive Officer
Mercia Technologies PLC, the national investment group focused on the funding and scaling of innovative technology businesses with high growth potential from the UK regions, has completed a £3.5million direct investment into Intechnica Limited (Intechnica), a rapidly growing Manchester-based business that provides scalable software solutions to manage high and variable website traffic demand, including the
A games studio which has developed a unique real-time football game has closed a £600,000 funding round from Mercia Fund Managers and a leading global mobile games developer. UFL is the first real-time fantasy football game that allows fans worldwide to connect simultaneously to a live soccer match. Unlike typical fantasy games, the action happens