Investment fund focused on supporting small and medium-sized enterprises across the Midlands region.
The investment round was led by Midven through the Midlands Engine Investment Fund to scale virtual ward services for the NHS.
"The investment by Midven and QVentures is critical to enabling our pioneering model of virtual hospital care, which will create urgently needed capacity for the UK health system."
The Birmingham technology company secured the follow on debt investment from the Midlands Engine Investment Fund to support job creation and digital marketing.
"At Learning Labs we believe that every child and young person across the UK deserves to be getting the best from their education experience. Our product supports teachers in unlocking the potential of non-native-speaking students without the need for time and budget resources that many schools and colleges do not have. With this MEIF loan, FSE has provided the right funding at the right time to support this next phase of our growth as we continue to develop our offering, expand into the FE market, and further scale the business."
The Midlands Engine Investment Fund backed the pharmaceutical sourcing platform to support market testing and team expansion.
"Drug shortages are placing increasing pressure on pharmacists, and disrupting patients’ medical treatments, on a worldwide basis. MEIF investment will allow iethico to re-engineer the medicine procurement process, providing more reliable access to pharmacists and enabling better outcomes for patients."
The round was led by Foresight Group and will support product development, team expansion and sales growth.
"Previsico’s mission is to be the leading provider of cutting-edge flood prediction technology, worldwide."
The funding round was backed by Mercia and Foresight through the Midlands Engine Investment Fund alongside private investors.
"The world of work is changing, with many people working remotely and using video calls or emails to communicate. WorkBuzz helps companies to navigate these challenges and build great cultures. Our vision is to improve the working lives of 1 million people, and this investment round will help us to make it happen sooner."
