A Yorkshire pet supplies business which specialises in healthy food for dogs and cats is expanding with the help of a £120,000 NPIF loan. Pet Supplies Warehouse suffered an overnight drop in sales when the first lockdown was introduced in March as customers could no longer purchase products in person from its Barnsley warehouse. However
An award-winning electric vehicle charging company is set to step up the roll-out of charging points across the country after securing a £1.5m investment. Elmtronics, which is the leading independent provider of charging points, has raised the funding from the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and
Mercia has boosted its Yorkshire, Humber and Tees Valley team with four new appointments. Gary Whitaker, Ben Hick, Dan Thomas and Joe Staunton will provide regional businesses with loans and equity investment from the Northern Powerhouse Investment Fund (NPIF). Their appointment brings the total number in the Leeds-based team to 15 and follows a busy period
A ‘fintech for good’ start-up which has developed a banking platform for credit unions and community banks has completed a £1.75m funding round. incuto has secured investment from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF); the government’s Future Fund; Ascension Ventures’ Fair By Design Fund; and the
A company whose technology can detect and predict corrosion in pipelines has raised a further £900,000 to expand its global client base. CorrosionRADAR, which has offices in Cranfield and Cambridge, secured the investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund,
A company whose events software platform is used by organisers of international sports competitions has raised £400,000 to support its further growth. Iventis has secured investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), and the government’s Future Fund.
Two advertising executives who quit their jobs to develop their own 3D software have secured over £450,000 in investment to help them launch their product. Ben Cyzer and Tim Phillips created visual effects for TV commercials for brands such as Sony, Nike and Samsung and were behind the penguin in the John Lewis adverts. They
An award-winning businesswoman whose software platform helps companies to manage rebate and incentive schemes has raised a further £950,000 from investors. Leanne Bonner-Cooke MBE, who founded the e-Bate platform, secured the money from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund
Two UK construction experts who aim to revolutionise the industry through the use of digital technology have raised £250,000 to bring their smart building software to market. Ian Yeo and Scott Pilgrim launched Bimsense four years ago after becoming frustrated by the traditional approach to building design, construction and management. The Hull-based consultancy has advised
A company which develops conversational assistants capable of manning helpdesks and answering technical enquiries has raised £700,000 to help scale up its operations. Humley secured the investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), Mercia’s own EIS funds