Tozaro, a Bedfordshire-based company whose ‘Smart Polymer’ technology could significantly reduce the cost of life-saving cell and gene therapies, has completed a £6m ($8.2m) funding round. The round was led by Mercia Ventures, investing from the Midlands Engine Investment Fund II and from its own funds, alongside other existing investors. It will enable the company
An electrician who set up his own building services business after being made redundant at the age of 25 has secured a £500,000 loan from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II), to support the next phase of its
Neupulse, a neurotherapeutics company developing a wristband to manage the symptoms of Tourette Syndrome, has raised £3m in new funding. The round was led by Eos Advisory and the Midlands Engine Investment Fund II, through appointed fund manager Mercia Ventures, with participation from existing and new investors. The funding will help the Nottingham-based company to
New figures show UK equity investment is becoming more selective with fewer but larger deals and more capital deployed overall as investors refine their focus, according to Mercia Ventures. The figures, which were compiled by Beauhurst, show that the number of equity investments in private UK companies fell for the fourth consecutive year in 2025
A company that specialises in cleaning industrial components has secured a £250,000 business loan to help it relocate and boost capacity to meet the growing demand. Sonic Solutions has taken on new premises in Huddersfield which at 8,800sq ft, is almost three times the size of its original site at Dewsbury. The funding from NPIF II
NuVision Biotherapies, a spin-out whose products speed up healing of eye conditions, has raised a further £4.8m in a funding round led by the Midlands Engine Investment Fund II through its appointed fund manager Mercia Ventures, and including the University of Nottingham and Pioneer Group. NuVision’s products harness amniotic membrane, the tissue that surrounds babies
Broker Insights, the UK-based insurtech that is transforming the way brokers place commercial insurance policies, has marked another first with the latest version of its platform. Broker Insights’ VISION platform now uses AI and data insights to help brokers identify businesses with gaps in product coverage – in particular cybersecurity or management liability insurance –
Shield Space, a UK defence tech start-up developing systems to protect satellites from signal jamming or attack, has raised £2m to launch its first orbital test flight. The funding round was led by the Midlands Engine Investment Fund II through fund manager Mercia Ventures, and included Twin Path Ventures, ROI Ventures and P3A Ventures. Shield
A former radio presenter who launched a gut-friendly toothpaste after suffering health problems has raised £1.8m to help him expand sales internationally. Ollie Gallant, who also runs the popular Gutology Podcast, has secured funding from the Midlands Engine Investment Fund II through fund manager Mercia Ventures, alongside Active Partners and existing angel investors. A former
Ben, the London-based platform using AI to help global enterprises manage employee benefits, has raised $27.5m (£20.8m) to accelerate its product roadmap and strengthen its go-to-market capabilities to meet the growing demand. The round was led by Mercia Ventures with strong participation from existing investors Atomico, Cherry Ventures, DN Capital, and Seedcamp, along with new