Mercia Technologies PLC has invested £1.9million as part of a £3.1million syndicated round into University of Warwick spinout, Warwick Audio Technologies, the specialist developer of a new generation of planar audio transducers. This investment is alongside GuoGuang Electric Co (GGEC) and a number of sophisticated private investors. Mercia originally supported Warwick Audio through its third
A Sheffield company which provides CCTV and security systems to hundreds of industrial and commercial sites throughout the UK has secured £150,000 funding to help it expand from NPIF – Enterprise Ventures Debt Finance part of the Northern Powerhouse Investment Fund. Vision CCTV Ltd specialises in the design, installation and maintenance of CCTV, monitoring and
A Sheffield company which supplies branded homewares, garden and gift products for clients including major supermarkets, high street retailers and garden centres has secured a £150,000 loan to support its growth from NPIF – Enterprise Ventures Debt Finance, part of the Northern Powerhouse Investment Fund. IC Innovations produces a wide range of home, garden and
Mercia’s portfolio company Crowd Reactive, the creators of a unique social media tool for live events, has brought its innovative tech solutions to the Middle East with the launch of an EventsTag office in Dubai. Dan Strang, CEO, said: “The Middle East, and UAE and Dubai in particular, have seen huge amounts of innovation in
Enterprise Ventures part of Mercia Technologies PLC, has announced that it has expanded its equity team again following the appointment of Jonny Sharp as Investment Manager to its early stage equity team. Jonny joins Enterprise Ventures’ new Leeds office as a member of the Northern Powerhouse Investment Fund (NPIF) Equity Team covering the Leeds City
The Northern Powerhouse Investment Fund (NPIF) has facilitated £250,000 worth of debt funding to Humber-based engineering firm Allied Protek Engineering Solutions. Based in Grimsby, Allied Protek is an engineering specialist, providing a full project management package including design, engineering, installation and maintenance for clients in the food, drink, fine chemicals and pharma sectors. The investment
Mercia Technologies PLC has announced that it has completed a £2.0million follow-on direct investment into Oxford Genetics, a synthetic biology company with significant expertise in helping to design, develop and produce virus and protein based biologics to support leading therapeutic companies. This investment is part of a £7.5million funding round which also sees a new
Enterprise Ventures, part of Mercia Technologies PLC, has announced that it has now made the final appointment to the Northern Powerhouse Investment Fund (NPIF) Enterprise Ventures Debt Team. Paul Arthur has joined as Investment Manager covering the Humber and Sheffield City regions. He has over 30 years’ experience in banking and asset finance and will
A new rehabilitation centre which helps people to recover from serious illness and injuries has secured a £250,000 loan from NPIF – Enterprise Ventures Debt Finance, which is managed by Enterprise Ventures and part of the Northern Powerhouse Investment Fund. STEPS Rehabilitation, which opened earlier this year in Sheffield, aims to be a national centre
The Northern Powerhouse Investment Fund (NPIF) has provided £200,000 worth of debt funding to Power Body Nutrition Limited, a wholesale distributor of nutrition and sports supplements. This marks one of NPIF’s first investment in the York area since its launch earlier this year. The investment was made by NPIF – Enterprise Ventures Debt Finance, an