Mercia Fund News

W2 Global Data secures new co-investment

Wednesday, April 26, 2017

W2, a provider of SaaS, B2B software solutions and data services, has secured a series A investment. The investment is for growth capital to fund the expansion of its sales, marketing and technical capability in the UK and international markets.



Mercia Fund Management and the North East Technology Fund, managed by IP Group plc, co-invest in Newcastle-based SaaS start-up

Tuesday, February 07, 2017

Refract, a Software-as-a-Service (SaaS) start-up based in Newcastle, has received funding of £0.5m from Mercia Fund Management and the Finance For Business North East Technology Fund, managed by IP Group plc. This is one of a number of investments made in the North East of England by the ...


Monday, February 06, 2017

A Birmingham-based start-up which develops game-inspired software for business use is set for growth following a £150,000 seed investment by Mercia Fund Management.

Stormburst Studios was founded by Derry Holt and James Heath, two former students from Leicester’s De ...

Coventry cyber-security spinout receives further investment

Wednesday, January 11, 2017

CyberOwl, a cyber-security spinout based on research from Coventry University, has received further investment from Mercia Fund Management and Coventry University Enterprises.

The investment totals ...

Bristol-Myers Squibb signs exclusive worldwide license agreement with Psioxus Therapeutics

Tuesday, December 20, 2016

Bristol-Myers Squibb Company and PsiOxus Therapeutics today announced an agreement granting Bristol-Myers Squibb exclusive worldwide rights to NG-348, a pre-clinical stage, "armed" oncolytic virus with the goal of addressing solid tumours. The agreement is subject to clearance under the ...

Funding boost for award-winning St Andrews spinout company

Tuesday, December 13, 2016

An award-winning University of St Andrews spinout company has received a major funding boost to take on the healthcare market.

MOFgen, which is pioneering cutting-edge technology for coating medical devices, has received investment totalling £300,000 from Mercia Fund Management and the ...

Mercia expands its Midlands team with appointment of new Investment Director

Friday, December 09, 2016

Mercia is increasing its investment activity in the Midlands following the appointment of Julian Dennard as Investment Director.

To read the full news story, click ...

Sheffield platform opens doors to research of over 70 academic institutions worldwide

Friday, November 11, 2016

A Sheffield-based university and industry collaboration platform is facilitating the commercialisation of innovative research from over 70 universities across the globe just two years into operations.

IN-PART’s platform showcases licensing ...

Kaido secures £50,000 funding from SME Innovation Fund

Monday, October 31, 2016

Innovation Birmingham Campus-based digital health business Kaido has secured a £50,000 investment from the SME Innovation Fund to market test, refine and deliver its connected health ...

Spinout set to revolutionise digital forensics worldwide following new funding

Tuesday, October 25, 2016

An Edinburgh Napier University spinout that could dramatically cut the time it takes police to examine consumer devices for criminality has received major new investment.

Mercia Fund ...

Mercia News