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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

£1.5M

The funding round includes participation from Calculus Capital and the North East Venture Fund.

"Notify has become the challenger brand in Safety Tech through our approach to service and innovation, delivered by a fantastic team. I’m delighted we’ve been able to raise additional capital from long term investors to support our latest innovations and to continue our growth trajectory. Thousands of organisations are recognising the value of looking after the health, safety and wellbeing of their workforce, and Notify is now perfectly placed to deliver software that drives employee engagement and productivity."
— Duncan Davies, CEO
Seed
£1.5M

The follow-on investment will help the sales management platform grow its presence in the United States and develop its product.

"OneUp Sales has been a pioneer in the field of sales management systems. Mercia supported it from the start and it has been rewarding to watch its continued growth and development. We look forward to working with Derry, James and the team as they continue to scale the business."
— David Baker, Investment Manager
Series A
£7.5M

The Series A round was backed by Mercia Ventures, Pearson, and Fuel Ventures to support artificial intelligence development and go to market expansion.

"Funding will be allocated to product innovation, leading the use of AI in connecting learning to the skills people need and the results businesses care about. Also, scaling our GTM and new market."
— Nelson Sivalingam, CEO and Co-Founder
£500K

The funding was led by Mercia Ventures and the North East Venture Fund to help bring the non-invasive health sensor to market.

"A build-up of lactic acid causes muscles to seize up and athletes to suddenly ‘hit a wall’, but it’s hard for them to know when this will happen without measuring lactate levels. Fingerprick tests are uncomfortable, fiddly and not always accurate. Our device will overcome these problems and provide continuous monitoring, rather than a one-off measurement. This latest funding, together with our partnership with a major global chip manufacturer, will enable us to bring it to market."
— Jon Dixon, Co-founder and CEO
Growth
£2.0M

The funding round was backed by Mercia Ventures alongside regional funds and private investors to support global market expansion.

"With Symphony Commerce, we’re empowering our clients to outpace their competition with agility and precision, ensuring they remain leaders in their industries. This investment allows us to scale faster, expand our team, and deliver a superior customer experience."
— Kevin Jones