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NPIF - Mercia Equity Finance

Venture Capital

Portfolio

11

companies


Portfolio companies

P

Pimberly

Pimberly provides product information and digital asset management software for e-commerce businesses.

T

Tribosonics

Tribosonics develops smart sensing solutions to monitor and improve industrial machinery performance.

Bimsense

Bimsense

Bimsense develops software that helps building owners comply with safety regulations.

FM

FourJaw Manufacturing Analytics

FourJaw provides machine monitoring technology that helps manufacturers track productivity and energy use.

E

Envoke

Simulation software provider for medical laboratory equipment training and support.

Little Journey

Little Journey

Digital health platform supporting children and families through medical procedures and clinical trials.

MG

Mindtech Global

Mindtech Global builds synthetic data platforms to train artificial intelligence vision systems.

SatSense

SatSense

SatSense builds satellite-based technology to detect ground movement and subsidence.

C

Chatta

Software platform designed to improve children spoken language and literacy skills through visual communication.

I

IN-PART

A digital platform connecting university research with industrial partners to accelerate commercialisation.

I

Intechnica

Technology business offering consultancy and cyber security protection against automated threats.


Recent investments

Seed
£4.0M

The financing round was provided by NPIF - Mercia Equity Finance and Mercia funds to support US and European expansion.

"The North West of England has built a strong track record for e-commerce, which stems from its role as a centre for the mail order catalogue industry and the textile trade before that. Pimberly builds on that tradition and is increasingly being recognised as a global leader in its field. The company has been expanding steadily and has created a strong foundation in the US market. This latest investment will help Martin and the team to accelerate its growth and take the business to the next level."
— Will Clark, Managing Director
Seed
£1.5M

The Sheffield-based industrial sensor firm raised £1.5m in follow-on funding to accelerate product development and create technical jobs.

"Industry is facing a host of challenges such as the need to be energy efficient, sustainable and ESG compliant, reduce costs and enhance quality. Our integrated sensing solutions provide the data required to help companies to meet these challenges and achieve digital transformation. The funding will help us to drive further growth and bring our solutions to a wider global audience."
— Glenn Fletcher, CEO
£750K

The Hull-based proptech company secured its third investment from the fund to update its Operance platform for new safety regulations.

"We are excited to secure this additional funding which supports our mission to manage the world's building information and create safe, harmonious places for everyone. Our Operance platform has been at the forefront of innovation, helping companies meet the requirements of the new building safety regime efficiently. This funding will enable us to take it to the next level."
— Scott Pilgrim, Chief Product Officer
£1.8M

The funding was led by NPIF - Mercia Equity Finance alongside EIS funds and private backers to support product development and customer expansion.

"The £1.8m investment is a significant boost for FourJaw, which underscores the growing importance of IoT technology in optimising manufacturing processes."
— Keira Shepperson, Director
£1.0M

The Leeds based software provider has raised £1m to develop new features and scale its international sales.

"Customers buying medical equipment will of course want to trial it first, but shipping costs can be £5,000 to £30,000 or more, not to mention the cost of sending out sales staff to demonstrate it. Sometimes equipment is damaged in transit and not every demo results in a sale."
— Stuart Warrington, CEO
Seed
£1.5M

The funding was provided by NPIF - Mercia Equity Finance and Mercia's EIS funds to support new sensing solutions.

"Tribosonics is a pioneer of Industry 4.0, which will transform manufacturing through the use of connected machines. Its sensor technology offers huge potential to improve efficiency and reduce energy use, which is a key challenge for industry now. The company has maintained steady growth and built a strong blue-chip client base since the last funding round. The latest investment will allow the team to develop more novel solutions."
— Will Schaffer, Investment Director
Seed
£1.5M

The funding round was backed by NPIF - Mercia Equity Finance, Mercia and private investors to support international expansion and team growth.

"The investment will help us to further enhance the platform to improve patient experience, create more personalised solutions and expand our team to support our internationalisation and rapid growth."
— Chris Evans, Co-Founder and CEO
Seed
£2.3M

The round was led by NPIF - Mercia Equity Finance with participation from Deeptech Labs and In-Q-Tel.

"Data scientists and machine learning engineers can spend up to 80 per cent of their time sourcing, cleaning and organizing training data. Our Chameleon platform solves this challenge. This round will enable us to open up our platform to even more customers in the US, Europe and Asia-Pacific, enabling them to build AI vision solutions that better understand the way humans interact with each other and the world around them."
— Steve Harris, CEO
Seed
£1.5M

The Leeds-based geospatial technology firm secured backing from NPIF - Mercia Equity Finance and the Government's Future Fund.

"The SatSense founders have taken technology that was once only available to governments and research institutes and made it accessible for day to day business use. Our system is the only one that offers instant access to highly accurate, near real-time data over huge areas. The service will become all the more important given the impact of climate change. As hotter summers and wetter winters exacerbate seasonal changes in ground conditions, it will allow us to identify areas worst affected and provide warnings on infrastructure or properties at risk."
— Matthew Bray, CEO
Seed
£250K

The edtech platform has raised £250k from NPIF - Mercia Equity Finance to scale its visual learning software internationally.

"Talk is the link between thinking and writing – if a child can’t say it, they can’t write it. Chatta creates opportunities to share stories and conversations within families and in schools. It gives children the confidence to speak to any audience and enhance their writing and vocabulary. In some cases parents tell us they’ve never before seen their child so strongly engaged with learning."
— Chris Williams, Founder
Seed
£950K

The investment includes £750k from NPIF - Mercia Equity Finance alongside contributions from private backers.

"We’re pleased to receive support from the Northern Powerhouse Investment Fund as well as adding some great new non-executive expertise to our board. The funding will allow us to invest further in product development to scale our matchmaking platform and our Discover product, in line with our vision of connecting university research with companies around the world to positively impact on society."
— Patrick Speedie, Co-CEO and co-founder
Series A
£2.9M

The funding round was led by NPIF - Mercia Equity Finance to support the growth of the Netacea cyber security division.

"Following previous funding rounds from Mercia, Intechnica is now well-positioned for growth. This latest round will support further development of its consultancy work and the launch of its new DSaaS line of business, offering market-leading expertise in this emerging field."
— Will Clark