The team behind one of the world’s leading mobile football games has raised a further £1m from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and Mercia’s own funds. The latest investment will enable Invincibles Studio to build on the success of its Soccer Manager
A fast-growing landscaping business that maintains sites nationwide for blue-chip clients including Asda and Marks & Spencer has expanded its presence in the South West with the acquisition of a firm in Wiltshire. UK Landscapes, which is based in Middlewich and backed by Mercia, has acquired Cut N Clear (CNC) of Westbury, which holds a
A fast-growing Leeds cybersecurity company is planning further expansion with the help of a six-figure loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund (NPIF). Cognisys specialises in penetration testing or ‘ethical hacking’ which helps companies identify their IT vulnerabilities. In addition to remote
A fast-growing logistics company which provides fulfilment services for e-commerce businesses 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. The funding will enable Manchester-based Warehouse Box to expand its capacity by completing the fit-out at its current warehouse
Zedify – the UK’s largest electric cargo bike delivery network – has secured £5m investment led by Barclays Sustainable Impact Capital and MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, with participation from existing investor Green Angel Syndicate. The funding will enable
A Hull-based company that is the first in Britain to offer eco-friendly fire-retardant timber treatment is set to double its capacity with the help of a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. The funding will enable WJ Fire Retardant
A Yorkshire medtech company which has developed a device that could improve the success of knee replacement surgery has raised £2.5m in a Series A funding round. 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
A family-run firm of civil and geotechnical engineers has changed hands in a seven-figure buy-out that will secure its future as a leading independent in the industry. Murray Rix, which is based in Dukinfield, has worked on some of the UK’s most high-profile projects including the Etihad Stadium, the Trafford Centre and the Liverpool cruise
Horsefly, an artificial intelligence-based talent analytics platform, has secured a significant investment from leading private equity partner LDC as it targets international growth. The transaction marks a successful exit and strong return for Mercia. Based in Merseyside with a presence in the US, Horsefly enables HR-decision making at international organisations including Coca Cola, EDF Energy, Manpower, Indeed,
NuVision – a Nottingham-based company with a product that speeds up healing of eye conditions – has raised a further £1.1m investment. The funding has come from existing investors including 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,