Skip to content
Back to Investors
Mercia

Mercia

Venture Capital

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


Recent investments

£785K

The funding round was backed by Mercia Ventures and Haatch to support team expansion and platform development.

"Having worked with Sam previously during his time at Airship, we are pleased to back him and Nick in their latest venture. Candid offers an innovative solution to the challenges of hospitality recruitment and has gained rapid traction. The funding will enable the team to build on its initial success and to drive further growth."
— Will Schaffer, Investment Director
£250K

The investment follows the recent launch of a more powerful version of the company cybersecurity platform.

"Mercia has in-depth experience in the cybersecurity sector, and we are proud to have played a key role in the success of Melius CyberSafe. Traditional cybersecurity is beyond the reach of many small firms due to the high cost but CyberSafe helps to solve this problem by automating key processes. With businesses under attack from criminal gangs and hostile states, the need for it is arguably greater than ever."
— Ian Wilson, Fund Principal
Seed
£2.5M

The funding round was led by Mercia Ventures with participation from regional funds and angel investors.

"Cybersecurity is second only to global conflict in terms of factors affecting the economy. Memory safe chips have been shown to prevent 70% of all attacks and would enable organisations to continue using existing software with complete peace of mind. Developing a new generation of chips here in the UK will also help to ensure supply chain security and restore the country’s position as a leader in semiconductor technology."
— Haydn Povey, CEO
Seed
£1.0M

The funding round was jointly backed by NPIF and Finance Yorkshire with £500k each.

"Healthcare services worldwide rely on rapid and accurate laboratory testing. However, training staff is costly, and machine downtime is commonplace, often due to operator error or simple faults that could easily be fixed with the right support. We believe our platform will dramatically improve productivity by enhancing staff skills and keeping equipment up and running, while also reducing warranty costs for manufacturers."
— Stuart Warrington, CEO