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Mercia

Mercia

Venture Capital

An investment firm managing various funds including the Midlands Engine Investment Fund and EIS funds.


Recent investments

Seed
£1.6M

The seed round will fund team expansion and technology development ahead of commercial launches in the UK and US.

"Our vision is to enable people with Parkinson’s and other neurodegenerative diseases and movement disorders to live healthier lives. NuRO could give patients and clinicians a much clearer picture of their condition, enabling treatment to be tuned accurately as needed. We’re excited to continue our work with leading hospitals and patient groups and to bring our technology to market."
— Christos Kapatos, CEO
Seed
£1.5M

The funding was provided by NPIF - Mercia Equity Finance and Mercia's EIS funds to support new sensing solutions.

"Tribosonics is a pioneer of Industry 4.0, which will transform manufacturing through the use of connected machines. Its sensor technology offers huge potential to improve efficiency and reduce energy use, which is a key challenge for industry now. The company has maintained steady growth and built a strong blue-chip client base since the last funding round. The latest investment will allow the team to develop more novel solutions."
— Will Schaffer, Investment Director
Seed
£1.3M

The Leicester software firm has raised a further £1.3m from the MEIF Proof of Concept and Early Stage Fund, Mercia EIS Funds and angels.

"This investment is key to the next level of growth within our business. The next 12 months are going to be very exciting, seeing us reach other markets and geographies with a product that is always innovating for the good of our customers."
— Leanne Bonner-Cooke, Founder
Series A
£9.0M

Mercia Asset Management and cybersecurity leaders backed the round to support expansion in the US and UK.

"A simplistic rules-based approach to bot management won’t cut it anymore. Security suites need to be supported by dedicated bot management solutions that can respond to new threats and take advantage of new threat intelligence. Netacea’s agentless approach is the right one."
— Alex Eckelberry, NED