Mercia Fund Management (Mercia) has underlined its commitment to pursue investment in the burgeoning diagnostics sector by investing early stage capital in Sense Biodetection Limited (Sense). The investment will allow Sense to develop its initial product – point-of-care diagnostic tests within the infectious diseases market. Experienced angel investor and former CEO of the Bank of
Particle Analytics, a start-up within Mercia’s SEIS portfolio that builds on world-renowned solid particle technology from the University of Edinburgh, has won two separate awards in the space of two weeks, both of which celebrate entrepreneurship and innovation in Scotland. The company won ‘Spinout of the Year’ at the Inspire Launch Grow competition organised by
Mercia (AIM: MERC), which is focused on the creation, funding and scaling of innovative technology businesses with high growth potential from the UK regions, is pleased to announce that it has agreed the Group’s second direct investment from the portfolio of investments managed by Enterprise Ventures Group (“EVG”) following its acquisition by Mercia on 9
Rosebud Finance, the finance package which helps Lancashire firms to grow, is celebrating a record period of job creation as it marks its 30th anniversary Rosebud has helped to create over 220 jobs since the start of the year – more than any other six-month period since it was established in June 1986. The figure
The North’s leading supplier of commercial blinds has changed hands in a management buy-in backed by Enterprise Ventures. The deal allows Rod Roberts-Dear to take control of Dearnleys in Wakefield and its sister company Pentel Contracts in Salford. Mr Roberts-Dear, whose previous roles include Managing Director within the automotive group Inchcape and Marketing Director of
Life sciences offers a broad range of subsectors that are potentially rewarding to both business builders and investors, particularly as technologies converge to include bio and advanced materials, connectivity and digital innovations across the UK. In the wake of global challenges, including Zika, antimicrobial resistance, an ageing population and demographics growth, technological advances in surgery
On Friday 3rd June, Mercia‘s CEO Mark Payton gave a talk at TEDx Glasgow titled ‘Successful Start-ups: What’s luck got to do with it?’. Mark discussed how a diabetic coma caused him to discover that asking a question, and then searching tirelessly for an answer, could lead to life-changing innovations and successful business propositions. From
A company which provides technical staging for TV, West End theatre shows and high-profile events has received a seven-figure equity investment from Enterprise Ventures Growth Fund to help fuel its expansion. Blue-I is one of the UK’s leading suppliers of video projection, high-resolution displays and audio and lighting to the live events industry. Its recent
Mercia Technologies has secured four new university partnerships with Heriot Watt University, Edinburgh Napier University, the University of St Andrews and Sheffield Hallam University. Read the full story here.
[Pictured: Adrian Kinkaid receiving an award for the Dragon’s Den competition at the ELRIG Drug Discovery Conference, held in September 2015.] MIP Diagnostics Ltd, a spinout from the University of Leicester developing plastic antibodies for a variety of applications, has received follow-on investment from Mercia Fund Management (Mercia), a leading investment business in UK innovation