A Harrogate-based events company which is a leader in the field of charity auctions and fundraising is gearing up for the return of live action with the help of £200,000 funding. Impulse Decisions has secured backing from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund,
LUNAC Therapeutics – a Leeds-based drug discovery company which is developing advanced life-saving anticoagulants – has raised £4.75m. The funding has come from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, the government’s Future Fund, and existing investors including Caribou Property and Epidarex Capital.
An engineering business backed by Mercia has launched a new venture that could save the process industry millions in lost production. Stream Sensing – a spin-out from Industrial Tomography Systems (ITS) – can measure the flow of liquids such as paints, shampoo or detergent during the production process to check the consistency is correct. Unlike
A medtech start-up whose sensor technology could improve outcomes for patients having knee replacement operations has raised £1.4m to bring its device to market. Eventum Orthopaedics has secured funding from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, Mercia’s EIS funds and private investors
A company which manufactures personalised pet food using only natural ingredients has secured a multi-million pound investment to accelerate its growth. Pure Pet Food has raised the funds from Mercia’s Northern Venture Capital Trust (VCT) Funds and NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. The latest
A recruitment platform which allows haulage operators to reduce costs has raised a further £300,000 to support its expansion plans. Avail Technologies has secured further funding from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and directors including chairman Keverne Watt. It comes as
A biotech company which produces synthetic antibodies has launched a new product that could improve the success of rapid sensors in detecting Covid-19. MIP Diagnostics – which is backed by Mercia – develops molecularly imprinted polymers (MIPs) which can be used to replace antibodies in diagnostic tests and other applications. MIPs can be manufactured more
A HR software platform which helps companies to manage remote workers has raised a further £1,275,000 to fund its rapid expansion. StaffCircle has secured a further £1m from Blackfinch Investments, with the additional funding coming from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands
A company which can detect subsidence from satellite data has secured £1.5m from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, and the Government’s Future Fund. The latest funding comes as Leeds-based SatSense is about to launch its new online platform which will be the
A lifting and handling equipment manufacturer has secured a £300,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, to support its growth. Palamatic has seen a surge in orders from the pharmaceutical industry, food producers and medical manufacturers that are part of the