App which pays consumers to switch off at peak times raises £300k for roll-out A tech startup which has created a smarter and cleaner way of using energy by enabling UK households to collectively decrease their consumption at peak times has secured over £300,000 in investment to support its growth. Equiwatt rewards consumers for cutting […]Read More
Smart sensors company raises £1.1m of NPIF investment to boost growth A Sheffield company whose smart sensing technology helps industry to reduce costs has raised £1.1m from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. Tribosonics embeds sensors within bearings and other moving parts to create ‘intelligent […]Read More
Early cancer detection technology secures £2.4M funding boost Efforts to improve the early detection of cancer have received a significant boost with a £2.4 million funding deal to support the further development of innovative testing technology. Glasgow-based ClinSpec Diagnostics Limited (ClinSpec Dx), a spinout from the Department of Pure and Applied Chemistry at the University […]Read More
Healthtech firm raises £2m as pandemic boosts demand for patient app A healthtech business with an app that helps patients communicate with clinicians remotely has raised a further £2m to help expand its use. Advanced Digital Innovation (ADI) has raised funding from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of […]Read More
Agri-robotics start-up raises £250k for revolutionary system to improve crop yields A Shropshire start-up which aims to use cutting-edge technologies to help farmers improve crop yields has raised £250,000 from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF). The funding will […]Read More
Derby start-up raises £200k to launch games payment platform A Derby company which has developed a new payment system for the games industry has secured a further £200k investment from the MEIF Proof of Concept & Early Stage Fund, managed by Mercia and part of the Midlands Engine Investment Fund (MEIF). Transaction Technologies’ new platform will target the […]Read More
LegalTech Scale up Clarilis raises £6m to fuel expansion High growth legal technology business Clarilis secures £6m and gains new investors in its latest funding round Clarilis is delighted to announced that it has raised £6m in a Series B round of funding. The co-investment has come from Mercia Asset Management, Northern VCTs(£2.5m), an existing […]Read More
Start-up that detects fake news raises £2.5m to prepare for US elections Logically – a tech start-up using AI to detect misinformation and to provide a fact-checking service to combat fake news – has raised £2.5m to further develop its product in time for the US election. The company has secured funding from NPIF – Mercia Equity Finance, […]Read More
MIP Diagnostics secures £5.1m in funding to expand commercial operations and production Downing Ventures, BGF, Mercia and Calculus make joint investment in latest fundraise 1st July 2020: Nanotechnology business, MIP Diagnostics, has completed a £5.1m funding round to accelerate its global expansion. The co-investment has come from Mercia Asset Management, a founding investor and the largest […]Read More
Price optimisation platform raises £650k for growth A start-up which aims to revolutionise the way companies price their products has raised £650,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and private investors. Bubo.AI’s platform uses artificial intelligence (AI) to analyse customers’ behaviour to […]Read More
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