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Midlands Engine Investment Fund

Midlands Engine Investment Fund

Government

Investment fund focused on supporting small and medium-sized enterprises across the Midlands region.

Portfolio

16

companies

By category

  • LogisticsTech£4.0M
  • Big Data£3.2M
  • BioTech£2.6M
  • HealthTech£2.0M
  • SaaS£1.8M
  • Other£4.6M

By location

  • United Kingdom£9.1M
  • London£2.8M
  • Birmingham£2.0M
  • Tamworth£1.5M
  • West Midlands£1.1M
  • Other£1.7M

Portfolio companies

CH

C7 Health

C7 Health builds software to streamline diagnostic scans for the healthcare sector.

CH

Capri Healthcare

Capri Healthcare builds digital referral and triage software for medical practitioners.

CR

Centaur Robotics

Centaur Robotics builds a self-balancing electric wheelchair to improve mobility for users.

Get Well Soon

Get Well Soon

Get Well Soon runs a digital booking platform that connects self-pay patients with private medical specialists.

HALO X-ray Technologies

HALO X-ray Technologies

HALO X-ray Technologies develops advanced X-ray scanning systems for security and inspection applications.

I

IDenteq

IDenteq supplies data validation software to the utilities industry.

View all 16 companies

Team

VH

Vicky Hlomuka

SEMLEP’s Growth Hub Manager


Recent investments

Seed
£700K

The follow-on investment from Future Planet Capital Regional will support new software launches and team expansion.

"This follow-on investment is a fantastic validation of our vision and the progress we’ve made to date. It will allow us to accelerate our product roadmap, delivering innovative solutions that meet the evolving needs of the sector. We’re partnering with utilities to raise the bar for the entire data services industry, and we’re excited to welcome new talent to the team as we drive forward into our next phase of growth."
— Andrew McKinney, CEO
Other
£600K

The funding round was backed by the Midlands Engine Investment Fund, Mercia Ventures, and Pioneer Group.

"Our mission is to help companies avoid unnecessary animal testing and provide more accurate and relevant test results. This latest funding will enable us to continue building our range of tests and assays and use our model for different purposes, across different industries. We will also continue engaging with regulators to adapt industry standards tests to become animal free, and establish ImmuONE as a leading provider."
— Abigail Martin, Co-founder
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
Seed
£400K

The interim investment round was led by Midven with support from the Midlands Engine Investment Fund.

"We’re thrilled to have successfully closed our funding round and want to extend our thanks to Midven for believing in Get Well Soon’s vision. With this investment, we’ll be able to continue enhancing the healthcare industry, providing an accessible, transparent and completely patient-centric platform that empowers patients with the most vital thing: choice."
— Simon Radley, CEO and Co-Founder
£4.0M

The funding round was backed by Barclays Sustainable Impact Capital, Mercia Ventures, the Midlands Engine Investment Fund, and Green Angel Syndicate to fuel expansion.

"The transition to net zero emission for many sectors is not as simple as swapping from high-emitting fuels to renewables, and this is particularly true of the logistics industry. Zedify have identified that hyper-local delivery models are needed, in combination with low-carbon transport, in order to decarbonise the industry, reducing pollution within the UK’s cities."
— Gavin Chapman, Co-Head of Principal Investments