Funding helps packaging machinery firm to boost sales

A packaging machinery supplier is gearing up for growth with the help of a £200,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. The funding will allow Advanced Dynamics to increase its stock levels and boost sales to businesses which need to

Industry heavyweights join Invizius as it prepares for Series A

Invizius, the Mercia-backed company which is developing potentially lifesaving products for dialysis patients, has made four high-profile appointments as it prepares to enter the next stage of its development. The new directors all have international experience in leading pharma and life sciences businesses. Their arrival follows the recent £2.75m investment in Invizius by a consortium

New CEO to lead roll-out at pioneering biofuels plant

Nova Pangaea Technologies – which has found a new way to produce biofuels and chemicals to replace oil – has appointed a new CEO as it prepares to bring its technology to market. Sarah Ellerby’s arrival follows the successful completion of the company’s Teesside plant in December, which will demonstrate its proprietary process, REFNOVA®  to

Research firm set to double in size after VCT boost

A contract research business is planning to double in size following a £750,000 investment from the Northern Venture Capital Trust Funds (VCTs), which are managed by Mercia. Gentronix Ltd provides toxicology testing services  for pharmaceuticals, agrochemicals, cosmetics, personal care and consumer products. The company helps clients including major global brands to perform hazard and safety

nDreams makes continuing commercial progress

We are pleased to announce that our portfolio company nDreams Limited (“nDreams”) has signed a contract with a leading global games publisher, to develop content for the rapidly expanding location-based entertainment (“LBE”) virtual reality (“VR”) market. This latest contract win follows the announcement in November 2019 of a major VR contract award with a leading global

Northern VCTs’ 2020 Offer – Now Open

We are delighted to announce that the Northern VCTs’ 2020 Offer has been launched today and applications for shares in Northern Venture Trust PLC, Northern 2 VCT PLC and Northern 3 VCT PLC are now being received. The Companies are seeking to raise up to £40.0 million, with £13.3 million available for subscription in each

Loan helps micro brewery to launch new range of ales

An award-winning North Yorkshire micro brewery is set to expand its range of real ales and its distribution network with the help a £200,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. The funding will help Wold Top Brewery to develop new distribution

Completion of acquisition

Mercia has successfully raised £30.0million and has now completed the acquisition of the venture capital trust (VCT) fund management business of NVM Private Equity LLP. Mercia’s CEO, Dr Mark Payton said – “We identified the Northern VCTs and NVM as the perfect fit for Mercia. This is an excellent opportunity for Mercia, the transferring employees,

Demand for health snacks drives growth at wholefoods firm

Consumer demand for healthy snacks is helping to drive expansion at a long-established Yorkshire wholefoods supplier. Country Products is now gearing up for growth 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. The company, which is based