Mercia Technologies PLC listed on AIM, raising £70.0million. Mercia Fund Management becomes the wholly-owned subsidiary of Mercia Technologies, providing Mercia with a ‘Complete Capital Solution’ for technology businesses.The Group employs just 7 employees.

Mercia opens an office in Edinburgh. It also begins Scottish partnerships with the University of Strathclyde and Abertay University, as well as three partnerships across the North of England with the Universities of York, Liverpool, and Liverpool John Moores University, taking its universities to 14 and now employing 20 staff.

Mercia acquires Enterprise Ventures Group Limited, creating a go-to provider of early-stage and growth capital in the Midlands, the North of England, and Scotland, operating from six regional offices.

Mercia increases number of university partnerships to 18.

Concepta PLC lists on AIM by way of a reverse takeover.

Allinea Software is sold to ARM Limited for £18.1million.

Placing of new Ordinary shares at a price of 46 pence per Ordinary share raising, in aggregate, £40.0million.

Group wins significant new contracts totalling £108.5millon with British Business Bank, increasing third-party funds under management by nearly 50% to over £336.5million. The Group now employs 54 staff.

Non-exclusive partnership is secured with the University of Edinburgh; providing access to Edinburgh Innovations and increasing Mercia’s university partnerships to 19.

First closing of EV Growth II with initial commitments totalling £45.1million.