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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

Series A
£2.4M

The funding round was led by Mercia and will support the firm in progressing its multi-cancer diagnostic programmes.

"Worldwide, 26,000 people die from cancer each day. Early detection is critical for effective treatment, but many cancers go undetected for too long. This funding is another significant step forward for ClinSpec Dx in our mission to detect cancer earlier and help to increase patient survival and quality of life."
— Mark Hegarty, CEO
Series A
£2.0M

The healthtech business raised the capital from Mercia, the Future Fund, and its founder to enhance its remote care platform.

"MyPathway has really proved its worth during the lockdown. With routine appointments having to be cancelled, it has made it so much easier for hospitals to communicate with patients and keep track of their condition."
— John Eaglesham, CEO
Pre-Seed
£250K

The Shropshire agri-robotics start-up secured pre-seed backing from the Midlands Engine Investment Fund to commercialise its crop prediction technology.

"Technologies such as AI and robotics have revolutionised manufacturing in recent years, yet agriculture has suffered from a lack of investment and still relies on traditional techniques. At a time when we face the challenge of feeding a growing population with limited land and labour supplies, it is time for agriculture to undergo the same transformation. At Earth Rover we aim to play a leading role in the digitisation of farming to make the industry more productive and sustainable."
— David Whitewood, CEO
Pre-Seed
£200K

The Derby start-up secured the capital from Mercia to finalise its payment platform and expand its team.

"The games business, and especially the highly social world of server-based games, have been growing rapidly for years. We make it easy for developers and server owners to monetise their services, leaving them to concentrate on making the best entertainment."
— Nick Gillett, Co-founder