Broker Insights – the high-growth company whose digital platform is transforming the commercial insurance market – has raised more than £6m in a Series A funding round led by Mercia. Chroma Ventures, which first backed Broker Insights with seed funding in 2018, made a follow-on investment in this round, alongside a group of private UK
A UK business which aims to transform industry with its internet of things software platform has raised £2.1m to accelerate its international expansion. Konektio received funding from both the Midlands Engine Investment Fund (MEIF) and Northern Powerhouse Investment Fund (NPIF), managed by Mercia and Foresight Group, along with existing investor Tern plc. The funding will
A leading cybersecurity specialist that provides services for some of the UK’s biggest companies has raised a seven-figure sum from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF). The funding will allow Talion to further expand its business in the UK and target new
Warwick Acoustics – the Midlands-based company which aims to disrupt the delivery of entertainment within the next generation of electric vehicles – has raised £2.8m from existing shareholders including Mercia Asset Management, and a small number of high net worth investors. The funds will enable it to capitalise on commercial progress made over the last
Adludio – the London-based adtech company that is a leader in the field of mobile advertising – has secured a £4m investment from Mercia to propel further growth in the US and internationally. Adludio delivers creative campaigns that make full use of mobile phone features and deliver guaranteed results for brands and advertising agencies. The
Gentronix – the UK-based contract research organisation (CRO) that is a leader in the field of genetic toxicology – has raised £700,000 in a funding round led by existing investor Mercia to support its continued growth. The latest round, which includes a number of private investors, follows Gentronix’s recent acquisition of the Big Blue® transgenic
A landscaping business which maintains sites nationwide for leading supermarkets and utilities companies has secured a significant investment from Mercia’s private equity funds. UK Landscapes, a family business which founded in 1997, now employs over 175 staff at its headquarters in Middlewich, Cheshire and regional depots throughout the UK including Leeds, Glasgow, Cardiff, Reading and
Imail Comms, the Hybrid Mail business resulting from a recent MBO, has announced the appointment of two new directors to its Board. Guy Buswell, UK Mail’s former CEO, joins the Board as Executive Chairman and Stephen Agar, who until recently was Managing Director of Royal Mail’s letters business, becomes a non-executive director. Guy and Stephen
A company that provides an ethical alternative to the ad tracking techniques used by tech giants such as Facebook and Google has raised a £1.5m investment to build its global presence. CitizenMe has secured funding from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia, alongside funds
A UK company whose software platform helps businesses to understand their customers’ behaviour and identify buying signals has raised £400,000 investment from Mercia. Distil.ai’s platform brings together data from different sources across a business and distils it into a single centralised customer data view. It enables companies to optimise engagement for every single customer and