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NV

Northern Venture Capital Trust Funds

Venture Capital

Northern Venture Capital Trust funds are managed by Mercia and back growth stage businesses.

Portfolio

2

companies

By category

  • SaaS£2.2M
  • IT Services£2.0M

By location

  • Cheltenham£2.2M
  • Newcastle upon Tyne£2.0M

Portfolio companies

AC

Atlas Cloud

Atlas Cloud provides managed cloud and network solutions to corporate clients nationwide.

Enate

Enate

Enate provides a software platform for managing hybrid workforces and orchestrating business processes.


Team

JW

Jason Warren

Investor for Northern Venture Capital Trust funds at Mercia


Recent investments

Series A
£2.2M

Mercia led the Series A investment to help the process automation firm develop its platform and expand across Europe and Asia.

"We’re particularly proud to have concluded this deal to support our growth during such an unpredictable time. COVID-19 has changed the way we work forever. Enate helps people manage a distributed and diverse workforce and get the job done, which is exactly what businesses need in the current environment. Enate will be one of the technologies that defines the future of work as the ‘new normal’ starts to emerge; a future where work is remote and working with your digital buddies is second nature."
— Kit Cox, Founder