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Mercia

Mercia

Venture Capital

Mercia Ventures manages regional investment vehicles including the Northern Powerhouse Investment Fund II.


Recent investments

£2.0M

The funding round was backed by existing investors Mercia and Crown Fund to support international growth.

"The mid-market is in a gap-zone of cybersecurity: too complex for basic tools, too niche for enterprise-level bespoke providers. Talion’s Hybrid Defence model fills that gap by offering transparency, shared control, and solutions scaled to the needs of firms that are growing fast but can’t afford to be overcharged or left exposed. With this investment, we can accelerate our innovation in MDR, threat intelligence, and service delivery for mid-sized enterprises."
— Keven Knight, CEO
Series A
£14.9M

Redalpine led the Series A round to support team expansion and the rollout of new capabilities.

"Synthesized is tackling one of the most urgent and overlooked challenges in the age of AI: how to test, validate, and trust what we build. Their platform doesn’t just generate high-quality test data – it lays the foundation for a new class of autonomous QA agents that will transform how modern software is verified and shipped. We believe Synthesized can become the infrastructure layer for intelligent, automated quality assurance across regulated and mission-critical systems."
— Daniel Graf, General Partner
Series A
£6.0M
"We are delighted to have secured this investment from Foresight, which will accelerate Little Journey’s product development and commercial expansion. We look forward to working with the Foresight team to continue to deliver our mission of supporting all children to better health through personalised care."
— Chris Evans, anaesthetist
Seed
£750K

The seed round was led by Mercia Ventures to support final product development and commercial rollout.

"Research is highly complex and regularly takes unexpected turns but current software platforms often fail to allow this level of flexibility. As a result, researchers often resort to using paper or lose important data. Lab Thread aims to make their jobs easier by providing interfaces for both the office and lab, stripping out the paperwork and streamlining processes along the way."
— Ryan Cawood, Founder and CEO
Series A
£10.0M

The oversubscribed round was led by Energy Impact Partners with backing from several climate and technology investors.

"We are laser-focused on doing the hard yards to improve the physical layer of the grid, specifically overhead systems. The AssetCool team is innovating at the nexus between robotics and materials science to bring meaningful improvements to an aging network. We’ve developed a new range of coatings systematically optimised for overhead lines that makes the grid more efficient and resilient – not by rebuilding it, but by enhancing what already exists."
— Niall Coogan, CEO and co-founder