One of North Yorkshire’s leading family law firms has secured a £165,000 loan to support its growth from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. Harrogate Family Law has almost doubled the size of its team from eight to 15 in the past
Kuano, a drug discovery company combining quantum mechanics with AI to design the next generation of medicines, has closed a £1.8m seed funding round led by Mercia Ventures and including ACF Investors, Ascension Ventures, o2h Ventures, Meltwind Advisory LLP, and other angel investors. The investment will facilitate further validation of Kuano’s platform for the design
Mercia Asset Management – one of the UK’s most active SME finance providers – has launched a new resilience programme offering practical support to ambitious women founders. The programme will specifically target women entrepreneurs who find getting access to growth capital challenging and will offer support and training to help them scale their companies. Mercia
equiwatt, a Gateshead company whose app helps the UK manage electricity demand by encouraging householders to switch off appliances at peak times, has raised an additional £300,000. The funding, which will create four new jobs, is from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia Ventures.
A Yorkshire firm which is the North’s fastest growing independent cycle retailer has secured a £200,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, following its takeover of a store in Leeds. J’s Cycle Shack, which had three existing outlets across Yorkshire,
A company whose software enables equipment manufacturers to give virtual demonstrations of their products to potential buyers worldwide has raised £1m from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. Envoke’s virtual demo platform is used by some of the world’s biggest biotech equipment
A fast-growing retailer which sells artisan bakery products from Yorkshire through its outlets nationwide has secured a £250,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. Despite being launched just two years ago, Batch’d already has 24 sites throughout the UK. The
A third-generation family business that provides specialist paints and coatings to industry has secured £200,000 fromNPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, to step up its nationwide expansion New Guard Coatings, which is based in Wetherby and had an existing warehouse in Leicester,
A Lincoln company whose events software platform was used to help plan the Special Olympics in Berlin, has raised £1.5m to enable it to bring its technology to a wider audience and create new jobs. Iventis has secured investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia Ventures
A West Yorkshire catering equipment business has undergone a management buy-out backed by an SME Loan from Mercia as it prepares for the next stage of its growth. Denby Catering Equipment of Wakefield was founded more than 20 years ago by managing director George Hartley, who is now retiring and handing over the reins to