Notify Technology – the Newcastle-based health and safety software business – has completed a £370,000 investment round to drive product development and expand its team. The company has secured further funding from the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia, alongside investment from its
The London company behind the UK’s first sustainable fruit and vegetable box delivery service is planning to expand nationwide after securing a £3m investment from the Northern Venture Capital Trust (VCT) Funds which are managed by Mercia. Oddbox, which works with farmers to supply seasonal produce at risk of going to waste, has achieved over
An award-winning IT company which provides cloud and network solutions to blue-chip clients nationwide, has secured a £2m investment from the Northern Venture Capital Trust Funds (VCTs), which are managed by Mercia. The funding will allow Atlas Cloud to further develop its range of solutions and pursue its ambitious growth plans. The company expects to
A Sheffield company which has developed a more advanced ‘nurse call’ system for care homes has secured £350,000 investment from NPIF – Mercia Equity Finance that is managed by Mercia and is part of the Northern Powerhouse Investment Fund. Arquella’s AURA hardware and AIDA data platform replace outdated pager systems with the latest digital technology,
A historic Sheffield business which makes suspension parts for trucks worldwide is continuing its expansion with the help of a £300,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. The loan will provide Tinsley Bridge with a contingency fund to safeguard the business
SHE Software, the Glasgow-based health and safety software company which is backed by the Northern Venture Capital Trust Funds (VCTs), has completed a £7m Series B investment. The funding round was led by Frog Capital, investing from its new growth equity fund, and included further funding from the Northern VCTs. It will accelerate the growth
Are you a resident non-domiciled investor? Firstly, allow me to explain the term; a ‘resident non-domiciled investor’ is typically a foreign national who is working in the UK, and therefore paying tax in the UK. According to recent published statistics there are almost 80,000 people who fit this description and who collectively paid £7.5billion in
A leading provider of reviews and customer satisfaction surveys is set to expand its sales in Canada with the help of a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. Judgeservice Research enables customers to review their experience with car dealerships, estate
Mercia Asset Management’s direct investment portfolio company, The Native Antigen Company, has announced that it has made a key breakthrough in reproducing the antigen for the Coronavirus. Mercia first backed The Native Antigen Company through its managed funds in 2010 before making a direct investment in 2014. Since then the company has grown by 400%
Barnsdales – the Yorkshire-based property management firm – has continued its expansion with the acquisition of a Nottingham business for an undisclosed sum. Marriotts Commercial is the fifth acquisition in two years for Barnsdales, which will now take over its portfolio of 19 apartment blocks with 566 leasehold properties, as well as 100 commercial properties