Mercia Fund Management fuels growth for profitable Virtual Reality games developer and publisher nDreams and separately for Mobile app developer No Yetis Allowed, via Seed EIS and EIS investments Henley-in-Arden, 7 April 2014. Virtual reality (VR) games developer and publisher nDreams and Mobile app creator No Yetis Allowed have both secured funding from Mercia Fund
Mercia Fund Management portfolio company Concurrent Thinking has received £400,000 of funding from Finance Birmingham to develop a software application aimed at lowering the running costs of data centres. The Concurrent Command software will work by improving data centres’ energy use and operational efficiency. The investment has created a number of jobs and will be
Henley-in-Arden, UK, 28 March 2014 – Venture capital fund manager Mercia Fund Management (MFM) has announced an online logistics platform Dealer Management Portal Ltd (DMPortal) as the latest addition to its portfolio of technology investments. Officially launched in March 2014, the software-as-a-service (SaaS) platform is aiming to revolutionise traditional vehicle auction and transportation by providing
Budget hopes from UK VC fund manager for investors and SMEs are realised as SEIS is now a permanent funding option for start-ups: “Small to Medium Enterprises (SMEs) can breathe a sigh of relief as George Osborne backed up his support for them by continuing the coalitions’ tax incentives for private investors seeking investment opportunities
Mark Payton, MD of Mercia Fund Management reveals his hopes for this year’s budget: In the context of an improving economic situation, and with Small to Medium Enterprises (SMEs) demonstrating that they are the back bone of growth to employment in the UK, what we seek from government is stability and continued support. The coalition
Our MD recently contributed to the FT Adviser’s Guide to Enterprise Investment Schemes, where readers can learn about tax advantages of EIS, EIS charges and more. Here in full are Mercia Fund Management’s answers to important questions on EIS. What is an EIS?Enterprise Investment Scheme, and its recently introduced cousin Seed EIS (SEIS) are tax
The following article was originally published in IFA Magazine on 6th March 2014, and was also covered in Angel News: Talon Golding, Sales & Investor Relations Manager at Mercia Fund Management, says the door will be closing shortly on the Mercia Growth Fund 3 With the end of the tax year drawing ever closer, there
Gaming and digital expert joins Mercia Fund Management Investment Panel Henley-in-Arden, 27 February 2014. Venture capital fund manager Mercia Fund Management (MFM) has announced that Nick Wheelwright, the former CEO of video game developer and publisher Codemasters, has joined its Investment Panel. With over 20 years’ experience in gaming and interactive entertainment, Nick was CEO
Mercia Fund Management leads further investment in telecoms start-up Birmingham, 19 February 2014. Smart Antenna Technologies (SAT) today announced the completion of a further investment led by Mercia Fund Management. The investment syndicate included Angel investors, the company’s management team and family offices. The investment will fund product development and sales and marketing activities. SAT
The following article was originally published in IFA Magazine on 31st January 2014: Mark Payton, Managing Director at Mercia Fund Management, worries about the spirit and the enforcement of the EIS scheme: The government announced that the Enterprise Investment Scheme has generated over £1.02bn in investment in the year to the end of March 2012,