Mercia Ventures manages regional investment vehicles including the Northern Powerhouse Investment Fund II.
The Lincolnshire technology firm raised the capital to support team expansion and meet rising demand for its remote event planning software.
"I’m delighted to see Iventis make huge leaps forward in its growth. The company is recruiting talent from within the events industry, which has suffered immensely during the pandemic. We already have high-profile early adopters of the Iventis software, many of which are relying on its capabilities to reschedule and redesign their events."
The investment round was led by Mercia with participation from Triple Point Ventures and private backers.
"3D animation has traditionally been reserved for big budget TV commercials and is prohibitively expensive for digital channels. Our mission is to make 3D visual effects more accessible and affordable, empowering companies to generate their own 3D animation in-house, at speed and at scale."
The Leicester software developer raised follow-on capital from regional funds and government backing to expand its team and global reach.
"Financial services are one of our key industries here in Leicester and Leicestershire, so I’m very pleased that the MEIF was able to support a business that is taking an innovative approach to helping businesses manage profitability. The LLEP is committed to supporting our businesses through COVID-19, so it’s great to see such a streamlined solution to rebates that will be of great benefit to the wider business community."
The seed investment was supplied by Mercia via the Northern Powerhouse Investment Fund to support product commercialisation and job creation.
"We’re delighted and excited to secure this investment to deliver our long-term ambition of digitising and ‘humanising’ building information to help create safer, healthier places for people to live, work and spend their leisure time."
The Northampton-based conversational assistant developer raised the capital from backers including Mercia and the Midlands Engine Investment Fund.
"This investment round represents a significant endorsement of our technology. The conversational AI market is very noisy with many big players. Our unique approach has made us the platform of choice for many global players and has allowed us to roll out our technology. This investment enables us to further establish ourselves in the market as a leading provider of conventional AI for enterprise and take the business to the next level."
