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NE

North East Accelerate Fund

Government

The North East Accelerate Fund offers investment for early-stage companies across the region and is managed by Mercia Ventures.

Portfolio

2

companies

Investment by month

By category

  • SecurTech£1.0M
  • AI/ML£750K

By location

  • Sunderland£1.0M
  • Wallsend£750K

Portfolio companies

K

Kinewell

Kinewell provides software to optimise the design and layout of offshore wind farms.

O

OneClickComply

An automated compliance platform that simplifies cybersecurity standards for growing businesses.


Recent investments

Seed
£1.0M

The Sunderland-based cybersecurity firm secured backing from Mercia Ventures and Northstar Ventures to expand its team and enhance its technology.

"Every business now gets asked to prove its systems are secure, usually by a customer who’s about to sign. The answer shouldn’t be three months and a consultant. We automate 90% of the work, fix the issues we find instead of just reporting them, and keep everything in place afterwards, which is the part everyone forgets about. That’s why we’ve doubled revenue in six months – because this problem isn’t going anywhere."
— Connor Greig