HR platform set to create a buzz with the help of £780k investment 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. […]Read More
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
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