A Manchester digital company which helps businesses manage high and variable website traffic demands for customers such as ao.com and Ted Baker, has secured a £900,000 investment in a syndicated investment round. Intechnica has been backed by Mercia Technologies PLC, the Greater Manchester Investment Fund and three business angels. Mercia completed the investment in Intechnica
Enterprise Ventures, part of Mercia Technologies PLC, has announced that it has expanded both its debt and equity teams with four new appointments in its Yorkshire offices as a result of the £108 million of Northern Powerhouse Investment Fund (NPIF) contracts which it secured in February. Peter Sorsby has joined the NPIF Enterprise Ventures Debt
Leading early-stage technology investor Mercia Fund Management, has committed £500,000 of seed funding to Milkalyser, an innovative technology that predicts the fertility of cows. In response to the decline of fertility in dairy cows worldwide, Milkalyser Limited has developed an automated fertility management system for dairy farmers. The innovative new technology directly measures the fertility
The Manchester private equity community has raised a total of £90,000 to support the families and loved ones of the victims of the Manchester Arena attack. The shocking events on Monday night spurred local firms into action and in just a few days 18 private equity firms based in the city came together to make
The developers of a communication platform that offers secure digital access to healthcare services have received £200,000 of seed funding in a deal led by Mercia Fund Management and involving the NHS-backed West Midlands Academic Health Science Networks (AHSNs) fund. The platform is designed to improve patient engagement and make it easier for clinicians to
Enterprise Ventures Growth Fund portfolio company, Winning Pitch, has been recognised as one of the one of the London Stock Exchange Group’s 1000 Companies to Inspire Britain. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK. To feature in the list, companies needed to
Based in the Midlands, one of Mercia’s core investment regions, Allinea Software was presented with their award at an annual celebration of excellence for UK businesses backed by private equity and venture capital. Allinea and the other Midlands winners will now be going forward into the national final to compete against seven other regions, before
A Birmingham-based developer of game-inspired software for businesses has strengthened its leadership team with the appointment of a new Non-Executive Chairman. Technology entrepreneur Karl Drage will support the senior management team at Stormburst Studios as the company continues to scale. Karl will provide key commercial and sales expertise, and support with the development and execution
Mercia Fund Management is delighted to announce that it has been invited to partner with Innovate UK’s £8.5million Investment Accelerator initiative, a pilot programme which provides simultaneous grant funding and venture capital. Investment is targeted at innovative early stage companies which operate in infrastructure or health and life sciences. Mercia will join six other organisations
A Midlands-based digital logistics platform that bridges the gap between publishers and resellers of video game content, plans to scale up after receiving a growth investment boost of £400,000 from early-stage technology investor, Mercia Fund Management. Since Mercia’s last investment in August 2016, GENBA Digital Limited has continued to make commercial progress and developed partnerships