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WM

West Midlands Co-Investment Fund

Government

A fund launched by the West Midlands Combined Authority and the West Midlands Pension Fund to support high-growth regional SMEs.

Portfolio

6

companies

By category

  • AI/ML£3.4M
  • SaaS£1.2M
  • EdTech£1.0M
  • Uncategorised£796K
  • Big Data£500K

By location

  • Birmingham£3.1M
  • Coventry£2.6M
  • Midlands£1.2M

Portfolio companies

4S

4T2 Sensors

Real-time fluid analysis technology provider for industrial applications.

Assemble You

Assemble You

Assemble You provides podcast-style audio learning content for modern workplaces.

Bendi

Bendi

Bendi offers an AI-powered software platform that helps businesses identify and manage environmental, social, and governance risks across global supply chains.

IA

Inicio AI

Inicio AI provides conversational artificial intelligence solutions for customer affordability assessments.

RH

Rem3dy Health

Rem3dy Health develops personalised nutrition solutions using patented 3D printing technology.

YS

You. Smart. Thing.

Travel demand management platform for sustainable visitor journeys.


Team

RP

Richard Parker

Mayor of the West Midlands and WMCA chair

Rachel Brothwood

Rachel Brothwood

Executive Director of Pensions

Rachel brings pension fund leadership experience from the West Midlands Pension Fund and the West Midlands Co-Investment Fund, following a principal role at Mercer.

LinkedIn

Recent investments

Seed
£500K

Future Planet Capital Regional backed the healthtech firm as part of a wider £9m funding round.

"Securing this investment from Future Planet Capital Regional and the West Midlands Co-Investment Fund is a significant milestone for Rem3dy Health. It’s particularly meaningful to have a strong West Midlands investor join us, further cementing our roots in this dynamic region. This funding will be crucial as we scale our manufacturing capabilities and expand our reach globally, continuing our mission to provide truly personalised and sustainable health solutions."
— Melissa Snover, Founder and CEO
Seed
£2.6M

The funding round was backed by Midven, Rigby Group, and Haatch Ventures.

"This investment, coupled with our success in the OneToWin competition, marks a significant milestone in our mission to revolutionise affordability assessments. With this funding, we can expand our team, enhance our technology, and bring our innovative solutions to a wider market. It’s hugely rewarding to be able to improve the financial well-being of individuals whilst also increasing efficiency for creditors."
— Rachel Curtis, CEO
Seed
£1.0M

The investment was led by the West Midlands Co-Investment Fund alongside Ufi Ventures to support content expansion and international localisation.

"This investment will have a huge impact on Assemble You and our mission, allowing us to tackle the widespread problem of disengaged employees head-on. Traditional digital training methods simply aren’t working, and we’re providing a solution that’s not only more engaging but also truly accessible to everyone, including deskless and neurodiverse workers. This funding will enable us to expand our content library, reach more learners, and ultimately create a more skilled and future-ready workforce."
— Adam Lacey, Co-Founder
Seed
£815K

The Birmingham-based risk management company raised the capital to advance its AI platform and expand its team.

"I am pleased to see a unique West Midlands-based business that is focused on an industry of the future secure this investment. This is the sort of venture the West Midlands Co-Investment Fund was set up for. Large retailers are under pressure to improve their corporate social responsibility. Bendi has created a useful tool to detect malpractices and help companies deliver sustainable practices, improve community cohesion, and minimise carbon footprints."
— Richard Parker, Mayor of the West Midlands, and chair of the WMCA