Mercia Technologies PLC, a Midlands based leader in the funding and commercialisation of technology businesses in the UK, is pleased to announce that Martin Lamb has been appointed as a non-executive director with effect from 13 January 2015. Martin James Lamb (55) retired from IMI plc (“IMI”) at the end of 2013 after 33 years
Virtual reality is set to deliver the next seismic change in gaming, creating a multi-billion dollar sub-set of the industry, according to Mercia Fund Management’s head of digital Mike Hayes. The long-talked about technology got a shot in the arm back in March when Facebook bought out virtual reality start-up Oculus VR for $2 billion
By Mike Hayes- Head of digital The gaming sector is a dynamic and fast growing sector – in 2013 the market was worth £2.7 billion in the UK, (excluding hardware sales), and is expected to grow to £4 billion by 2016. At Mercia we want to be at the heart of investing in UK gaming
Edge Case Games is the team behind the popular space flight combat game Strike Suit Zero, downloaded and enjoyed by well over a million gamers on PC, XBOne and PS4. Formed by two industry veterans, James Brooksby and Chris Mehers, and supported by an experienced creative team based in Guildford, Edge Case Games is moving
Mercia Fund Management is kicking off the new football season with a £300,000 investment in Soccer Manager. Soccer Manager Ltd. is the UK-based independent studio behind the popular online multiplayer football management game, SoccerManager.com, which was released in 2006. Soccer Manager will use the investment to finalise production of new sports related titles, grow existing
Mercia Fund Management today announced its first investment in an Aston University spin-out, Aston EyeTech Limited. Aston EyeTech has developed software that supports optometrists with diagnosis, selling optical products and conducting clinical trials. Mercia Fund Management has agreed to invest £230,000 in the first instance. The funding will be used to grow the team and
Drug screening services spinout secures investment package Henley-in-Arden, 21 July 2014. Technology investor Mercia Fund Management has announced a £229,000 investment in InoCardia, a Coventry University spinout providing drug screening services. Mercia Fund Management’s investment will fund the development and commercialisation of a pre-clinical drug testing service for pharmaceutical organisations. Dr Helen Maddock – an
Mercia Fund Management extends its technology portfolio with investment in the automotive components sector An innovative aluminium forming company, Impressions Technologies specialises in developing processes that maximise the strength and lightweight properties of aluminium. The primary target for these processes is the automotive sector, where weight reduction has a significant impact on lowering CO2 emissions.
TutorTap wins with a technology platform that links students and tutors Henley-in-Arden, 11 August 2014 Mercia Fund Management, a leading technology investor, in partnership with the newly launched Forward House Workspace, has announced TutorTap as the winner in ‘The Mercia Investment Pitch 2014.’ TutorTap collected a cash prize of £5,000, plus three months membership to
Specialist technology investor Mercia Fund Management (Mercia) says today’s successful flotation on AIM of life sciences company Abzena plc represents a substantial uplift for its investors and a belief in substantial further growth to come. Mercia was part of the syndication that provided the recent £13.5 million in funding to the biopharmaceuticals testing company in