Medherant, a Mercia Technologies PLC portfolio company, won the Excellence in Science & Technology Award at the Coventry Telegraph Business Awards last night. The Awards are a celebration of companies in Coventry and Warwickshire which have achieved success for themselves, their staff and their customers. The award recognises Medherant’s rapid progress and innovation in the
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, is pleased to announce a new direct investment into Aston EyeTech Limited, a spinout from Aston University, Birmingham, which has developed a range of proprietary hardware and software products in
A fast-growing Yorkshire company, which has become one of the region’s leading suppliers of biomass wood pellets, has secured £200,000 to support its further growth from NPIF – Mercia Debt Finance, which is part of the Northern Powerhouse Investment Fund. VerdEnergy supplies customers throughout the North of England from its headquarters in York, depots in
Discovery Global Enterprises, the licensing arm of Discovery Communications, has partnered with Mercia Technologies PLC’s portfolio company, VirtTrade, to develop and publish multiple apps over the next three years. VirtTrade is a leading developer of gamified collecting and trading apps. The company’s proprietary technology enables fans of an IP to collect and trade digital assets
Mercia Fund Managers scooped the top award at last night’s Growth Investor Awards, picking up the award for Best Enterprise Investment Scheme (EIS) Investment Manager. The event, which was held at the Royal Lancaster Hotel London, was attended by almost 500 people and celebrated the role of the UK SME investment community in job and
Mercia Fund Managers, which manages part of the Northern Powerhouse Investment Fund (NPIF), is celebrating a milestone, having invested over £5.0million from the fund to support businesses throughout Yorkshire, the Humber and Tees Valley. Since the launch of NPIF in February this year, Mercia has completed over 25 debt and equity investments with a total
Unlike many other EIS fund managers, Mercia chooses to utilise closed-end funds, much like institutional venture capital funds – this is something which the Mercia team feel very strongly about. Dr Paul Mattick, Head of Sales and Private Investor Relations for Mercia explains why below. While there may be the perception that closed-end EIS funds
As an entrepreneur first and foremost, whilst you may not realise it, you are a salesperson. Whether that’s selling your business to investors, commercial partners, prospective customers or new employees. This is especially true of early stage software businesses, your ability to portray your vision will undoubtedly be one of the most defining factors in
Adventoris, a Huddersfield company which has developed an innovative mobile app platform, Swiftcloud, has secured a £500,000 funding round which includes investment from the Northern Powerhouse Investment Fund, supported by the European Regional Development Fund. NPIF – Mercia Equity Finance, a product fund managed by Mercia Fund Managers, has provided half of the funding, with
Mercia Technologies PLC is pleased to announce that it has signed a partnership agreement with the University of Edinburgh (UoE), one of the world’s top 25 universities, according to the Quacquarelli Symonds World University Rankings. This non-exclusive partnership with the UoE provides access to Edinburgh Innovations, which has established 189 new spinout/start-up businesses in the