A Leeds start-up that manufactures catering equipment has secured a £170,000 loan to help it meet piping hot demand for outdoor pizza ovens. Huey Group has raised the funding from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF). The loan will allow it to
A start-up with a platform that trains robots to recognise images has completed a £2.3m funding round to help it build its team in Yorkshire and expand sales of its product worldwide. The investment in Sheffield-based Mindtech Global was led by NPIF – Mercia Equity Finance, which is managed by Mercia and is part of
A biotech company with a product that helps to heal eye injuries and could revolutionise treatment of other wounds has raised a further £1.8m. Nottingham-based NuVision Biotherapies has secured funding from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, Mercia’s EIS funds,
A fast-growing company that delivers high-speed internet connectivity to sites that lack the usual infrastructure has secured a further £500,000 investment from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. Trench Networks’ innovative device, Outpost, aggregates connections from all the major mobile networks and combines them
A product design company that works with many leading consumer brands has raised £750,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF). AME Group will use the funds to create ten jobs and invest in new equipment to support its growth. As one
A company which helps supermarkets cut carbon emissions by reducing energy use from freezer displays is expanding with the help of a £750,000 loan. Protective Film Solutions has secured funding from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. The company, which specialises in glass
A Leeds-based recruitment agency is opening new offices in Manchester and Gateshead as part of an ambitious plan to achieve a four-fold increase in its business. The Recruitment Crowd (TRC) aims to have a presence in eight key locations nationwide within the next five years and increase staffing levels from 25 to over 100. The
A Midlands software company which uses the power of video games to help businesses manage and motivate their sales teams has raised a further £600,000 for expansion. Stormburst Studios secured funding from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), and
A software platform that helps businesses to connect with staff is aiming to double in size after raising a £780,000 investment. WorkBuzz has secured the funding from Mercia and Foresight, both investing through equity finance from the Midlands Engine Investment Fund (MEIF) alongside private investors. The Milton Keynes-based company, which currently employs 16 staff, is
A company which has designed a software platform that helps businesses optimise online recruitment has raised £630,000 to support its growth plans. Smart Recruit Online secured the funding from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), and private investors. Smart