NPIF - Mercia Equity Finance

Mercia Equity Finance is a regional investment firm based in Henley-in-Arden, United Kingdom, focused on identifying and unlocking hidden value in businesses. The firm employs both managed funds and proprietary capital to provide a comprehensive range of investment solutions across venture capital, private equity, and debt. By offering what it terms a 'Complete Capital Solution,' Mercia aims to be the preferred partner for investors, investees, and employees alike. The company has a particular emphasis on sectors such as energy equipment, commercial products, oil and gas, and technology, media, and telecommunications (TMT). Its investment strategy typically targets amounts ranging from EUR 100,000 to EUR 2 million, reflecting its commitment to supporting the growth of businesses within the United Kingdom.

Will Clark

Managing Director, Regional Venture Funds

Sandy Reid

Deputy Fund Principal - MEIF

74 past transactions

Eventum Orthopaedics

Venture Round in 2025
Eventum Orthopaedics is a medical technology company that specializes in developing innovative devices aimed at enhancing the outcomes of knee replacement surgeries. The company's primary offering features advanced sensor technology that provides real-time measurements of the knee area, particularly focusing on the positioning of the kneecap. This technology is designed to assist surgeons in making informed decisions during procedures, ultimately improving patient results following knee replacements. By integrating precise measurement capabilities into surgical practices, Eventum Orthopaedics seeks to optimize the functionality of the knee joint and enhance the overall surgical experience for both patients and healthcare providers.

Salesfire

Venture Round in 2024
Salesfire is a software-as-a-service company that specializes in conversion rate optimization for e-commerce businesses. It offers a platform enabling retailers to create, deploy, and manage various solutions aimed at boosting conversion rates, re-engaging inactive customers, and delivering personalized shopping experiences online. The platform mimics the assistance of an in-store sales associate by providing behavioral overlays, intelligent site search, and product recommendations, ultimately enhancing the online store's performance and increasing revenue with minimal additional cost.

Mindtech Global

Venture Round in 2024
Mindtech Global is a developer of an advanced Data Ops Platform that streamlines the process of collecting and curating training data for artificial intelligence computer vision applications. The platform employs automation and unique Configurable DNA technology to facilitate the creation of synthetic training data, complete with pixel-accurate annotations tailored to represent the customer's deployment environment. By serving a variety of industries, including smart city initiatives, retail, healthcare, and robotics, Mindtech's platform enables clients to rapidly develop high-performance, production-ready AI models. The solution is designed to be fast, flexible, and repeatable, allowing organizations to efficiently manage their training data and enhance the effectiveness of their AI systems.

Suiso

Seed Round in 2024
Suiso is a company focused on advancing pyrolysis technology to decarbonize hydrocarbon gases, including natural gas, LPG, propane, and biogas. Its innovative systems provide a straightforward solution for decarbonizing industrial heat processes such as furnaces, boilers, and kilns. By converting up to 90% of the input gas into hydrogen, Suiso enables existing gas consumers to eliminate carbon emissions before combustion occurs. This on-site production of a decarbonized fuel blend from existing gas supplies ensures reliability and eliminates concerns about supply continuity. Additionally, the solid carbon byproduct generated during this process has potential commercial applications in areas such as purification, battery anodes, and various industrial goods. Suiso’s technology effectively utilizes existing electrical, natural, or biogas infrastructure to produce clean, low-cost hydrogen, contributing to a more sustainable energy landscape.

Pimberly

Venture Round in 2024
Pimberly is a cloud-based software as a service (SaaS) platform specializing in product information management (PIM), digital asset management (DAM), and workflow solutions. It is designed to accommodate an unlimited number of SKUs and data feeds, making it ideal for manufacturers, distributors, and retailers. The platform enables users to efficiently manage all product data, assets, and attributes through a modern browser interface. Pimberly also facilitates automatic interfaces with suppliers, customers, resellers, and various internal systems, streamlining operations and supporting new market opportunities. Its scalable architecture allows businesses to enhance their product management capabilities effectively.

Bimsense

Venture Round in 2023
Bimsense Ltd., established in 2016 and headquartered in Hull, United Kingdom, specializes in building information modeling (BIM) software and consulting services. The company's flagship product, Operance, allows consultants, contractors, and builders to upload BIM models and associated data, facilitating easy search, sharing, updating, and utilization of building and asset information. This enables users to create tasks and notifications for managing operations and maintenance workflows. Additionally, Bimsense offers bespoke training and consultancy services aimed at reducing project risks and lifecycle costs through quality BIM implementation. The company collaborates with various stakeholders, including estate owners, general contractors, property developers, designers, facility managers, manufacturers, and client agents, employing a three-step 'Target, Test, Track' process to integrate BIM into businesses and projects effectively.

Symphony Commerce

Venture Round in 2023
Shopblocks is a hosted ecommerce platform based in Manchester, UK, that provides businesses with the tools necessary to design, build, and launch their online shops. Established in 2011, the company emerged from a team of digital marketing professionals who sought to improve the online retail experience. Shopblocks addresses common challenges faced by online businesses, particularly the difficulties of maintaining and updating websites. Its platform enables users to manage products, customers, orders, and shop designs from a single interface, offering features such as product data management, real-time supplier feeds, and integrated storefronts. This approach allows businesses to create professional online shops tailored to their needs without being constrained by generic templates, facilitating adaptability in a rapidly changing digital landscape.

Envoke

Seed Round in 2023
Envoke is a developer of a virtual demo platform specifically designed for life science companies. Its technology offers a fully immersive and interactive experience that allows users to explore life science instruments in detail. This platform enables employees across various departments, such as sales and training, to qualify leads and educate staff without the need for physical travel to demonstration events. Additionally, it supports maintenance teams with worldwide assistance, enhancing operational efficiency and customer engagement in the life sciences sector.

Tyr

Venture Round in 2023
Tyr is a boutique commercial law office, ensuring that all partners and fee earners have backgrounds in eminent legal practices and expertise handling complicated commercial matters for regional, national, and international customers.

Invincibles Studio

Venture Round in 2023
Invincibles Studio creating high quality, successful soccer management games.

Eventum Orthopaedics

Series A in 2023
Eventum Orthopaedics is a medical technology company that specializes in developing innovative devices aimed at enhancing the outcomes of knee replacement surgeries. The company's primary offering features advanced sensor technology that provides real-time measurements of the knee area, particularly focusing on the positioning of the kneecap. This technology is designed to assist surgeons in making informed decisions during procedures, ultimately improving patient results following knee replacements. By integrating precise measurement capabilities into surgical practices, Eventum Orthopaedics seeks to optimize the functionality of the knee joint and enhance the overall surgical experience for both patients and healthcare providers.

Productive Machines

Seed Round in 2023
Productive Machines is a company that specializes in software optimization services for the machining industry, focusing on enhancing productivity and sustainability for manufacturers. By leveraging a digital twin of the machining process, which simulates the physics, mechanics, dynamics, distortion, and vibration involved in metal cutting, Productive Machines enables manufacturers to test millions of parameters in a virtual environment. This innovative approach allows for improved Computer-Aided Manufacturing (CAM) and Gcode, effectively eliminating chatter vibrations, reducing cycle times, minimizing tooling costs, and enhancing surface finish and dimensional accuracy. As a spin-out from the UK Advanced Manufacturing Research Centre, Productive Machines aims to streamline machining processes, empowering companies to achieve higher quality parts more efficiently and cost-effectively.

Sitehop

Seed Round in 2023
Sitehop is a technology company specializing in advanced cybersecurity and networking solutions. It develops an enterprise network management platform that focuses on providing encryption for telecommunications and data networks. Sitehop's innovative custom FPGA solutions are designed to optimize and accelerate cloud and telecommunications networks. The platform delivers ultra-low latency and low-power encryption, facilitating the creation of secure private networks without the need for physical interconnections. Additionally, it enhances the security of Internet of Things systems, enabling telecommunications service providers to safeguard their networks while maintaining high-quality service.

Pivigo

Seed Round in 2023
Pivigo Ltd., founded in 2013 and headquartered in London, United Kingdom, specializes in data science training, recruitment, and consultancy services. The company offers unique workshops, such as Science to Data Science Virtual and Science to Data Science London, to equip analytical PhDs and scientists with the commercial skills necessary for data science roles. Pivigo also operates a vibrant community for data scientists and analysts seeking new opportunities. In addition to training, the company connects businesses with top freelance data scientists for short-term projects, having successfully completed over 170 projects with notable clients including Royal Mail, AstraZeneca, British Gas, Barclays, M&S, and PwC. As Europe's largest data science training program, Pivigo is dedicated to fostering talent and supporting organizations in harnessing data effectively.

Slingshot Simulations

Series A in 2023
Slingshot Simulations Limited is a technology company based in Leeds, United Kingdom, founded in 2015. It specializes in providing a simulation-as-a-Service platform that enables businesses to rapidly simulate complex, large-scale systems. The company’s software facilitates automated configuration, deployment, management, and analysis of these simulations, thereby enhancing decision-making processes. Additionally, Slingshot Simulations offers digital twin solutions, allowing organizations of various sizes to leverage advanced simulation technologies for practical applications. Through its innovative offerings, the company aims to commercialize research conducted by computer scientists, making sophisticated simulation capabilities more accessible to businesses.

Bimsense

Venture Round in 2022
Bimsense Ltd., established in 2016 and headquartered in Hull, United Kingdom, specializes in building information modeling (BIM) software and consulting services. The company's flagship product, Operance, allows consultants, contractors, and builders to upload BIM models and associated data, facilitating easy search, sharing, updating, and utilization of building and asset information. This enables users to create tasks and notifications for managing operations and maintenance workflows. Additionally, Bimsense offers bespoke training and consultancy services aimed at reducing project risks and lifecycle costs through quality BIM implementation. The company collaborates with various stakeholders, including estate owners, general contractors, property developers, designers, facility managers, manufacturers, and client agents, employing a three-step 'Target, Test, Track' process to integrate BIM into businesses and projects effectively.

AME Group

Venture Round in 2022
AME Group is a provider of product design services that cater to the specific needs of its clients. The company specializes in product development and design, offering comprehensive solutions that include rapid prototyping, fully finished appearance models, and low-volume production systems. By utilizing advanced technologies and materials, AME Group provides in-house prototyping and 3D printing services, allowing clients to explore various design options throughout the entire new product development process. This approach ensures that clients receive tailored solutions that enhance their product innovation efforts.

Salesfire

Venture Round in 2022
Salesfire is a software-as-a-service company that specializes in conversion rate optimization for e-commerce businesses. It offers a platform enabling retailers to create, deploy, and manage various solutions aimed at boosting conversion rates, re-engaging inactive customers, and delivering personalized shopping experiences online. The platform mimics the assistance of an in-store sales associate by providing behavioral overlays, intelligent site search, and product recommendations, ultimately enhancing the online store's performance and increasing revenue with minimal additional cost.

Nova Pangaea Technologies (NPT)

Venture Round in 2022
NPT is a cleantech company that has developed a revolutionary process technology called REFNOVA. REFNOVA allows customers to converts non-food plant residues into sustainable products such as biochar, activated carbon, biofuel, biopolymers and biochemicals. Our products help customers replace fossil based products and enable decarbonisation.

Arquella

Seed Round in 2022
Arquella Ltd is a company based in Sheffield, United Kingdom, established in 2017, that specializes in providing digital solutions for the care industry. Its offerings include advanced nurse call systems that incorporate innovative equipment such as nurse call room units, smartphone call alerts, and fall sensor systems. Arquella also delivers maintenance and support solutions for these systems, ensuring reliable operation. The company features a comprehensive platform that includes a reporting dashboard, call logs, and remote access capabilities, allowing caregivers to efficiently manage alerts and communications. By streamlining the flow of information, Arquella aims to enhance the quality and dignity of care for individuals requiring assistance.

Tribosonics

Venture Round in 2022
Tribosonics Limited is a technology company based in Sheffield, United Kingdom, specializing in high-end sensing technology solutions aimed at addressing wear, friction, and lubrication challenges in rotating equipment. Founded in 2006, the company develops and manufactures advanced ultrasonic measurement systems that facilitate accurate monitoring of various engineering applications, including power generation, manufacturing, aerospace, and petrochemicals. Its product offerings include solutions for measuring fluid film thickness, wear, load monitoring, and contact characterization, which assist engineering organizations in efficiently monitoring corrosion in pipes, tanks, and process systems. By providing essential data, Tribosonics enables firms to reduce costs and improve operational efficiency.

Bimsense

Venture Round in 2022
Bimsense Ltd., established in 2016 and headquartered in Hull, United Kingdom, specializes in building information modeling (BIM) software and consulting services. The company's flagship product, Operance, allows consultants, contractors, and builders to upload BIM models and associated data, facilitating easy search, sharing, updating, and utilization of building and asset information. This enables users to create tasks and notifications for managing operations and maintenance workflows. Additionally, Bimsense offers bespoke training and consultancy services aimed at reducing project risks and lifecycle costs through quality BIM implementation. The company collaborates with various stakeholders, including estate owners, general contractors, property developers, designers, facility managers, manufacturers, and client agents, employing a three-step 'Target, Test, Track' process to integrate BIM into businesses and projects effectively.

Logically

Series A in 2022
Logically is a UK-based technology startup that utilizes artificial intelligence to combat misinformation and enhance civic discourse. The company has developed a platform that employs AI and machine learning to detect false information, identify manipulated images, and extract text from visuals. By providing a fact-checking service, Logically aims to improve the media landscape and help government and enterprise organizations effectively detect, respond to, and prevent the spread of misinformation and deliberate disinformation. The platform is designed to reduce the harmful impact of fake news, fostering a more informed public discourse.

Little Journey

Seed Round in 2022
Little Journey is a company founded in 2018 that focuses on providing support to children and their families undergoing medical treatments or participating in scientific trials. It has developed a virtual reality smartphone application aimed at enhancing healthcare outcomes through improved patient engagement and experience. The application offers families up-to-date information about hospital visits, including virtual reality images, fasting guidelines, contact information, and articles specific to various procedures. By delivering this information in a convenient and accessible format, Little Journey helps healthcare organizations facilitate the development of individual coping strategies, reduce anxiety related to medical procedures, and ultimately improve the overall healthcare experience for patients and their families.

Avail Technologies

Seed Round in 2022
Avail Technologies Ltd. is a company that specializes in the temporary employment sector by creating an application designed to connect Heavy Goods Vehicle (HGV) drivers with companies seeking temporary drivers for their contracts. Established in 2017 and headquartered in Manchester, United Kingdom, Avail Technologies was founded by a team of experienced directors who possess substantial industry knowledge, having held roles as both HGV drivers and logistics managers. This dual perspective allows the company to effectively address the needs of both drivers and employers in the logistics industry.

Tutorful

Series A in 2021
Tutorful is an online education company based in Sheffield, United Kingdom, that connects parents and students with private tutors across various subjects and age groups. Founded in 2015, Tutorful has developed a marketplace featuring over 8,000 tutors who conduct thousands of lessons weekly throughout the UK. The platform is designed to facilitate the search for tutors in core academic subjects such as Mathematics, English, and Science, as well as in languages, music, and computer programming. Tutorful employs an algorithm that matches students with suitable tutors, ensuring an effective learning experience. Additionally, it provides an exceptional online classroom environment that fosters interactivity, allowing tutors to effectively grow their businesses while meeting the educational needs of their clients.

Airship Services

Debt Financing in 2021
Airship Services Ltd is a technology company specializing in customer data management solutions for the hospitality industry. Founded in 2001 and headquartered in Sheffield, United Kingdom, the company designs and develops a broadcast platform that offers various services aimed at enhancing customer engagement. Its offerings include proof of presence metrics, such as presence frequency, repeat presence rate, and return visit rate, as well as automation, interaction triggers, retention strategies, search and segmentation, and communication services via email and SMS. Originally established as Powertext Systems Limited, the company rebranded to Airship Services Ltd in April 2015 to better reflect its focus on innovative solutions for the hospitality sector.

Bubo.AI

Seed Round in 2021
Bubo.AI is a company that specializes in providing an artificial intelligence-driven price optimization platform. This platform analyzes customer behavior over time to determine what customers are willing to pay, then recommends optimal pricing strategies to sales staff. By aligning optimization models with both the willingness to pay and the willingness to accept, Bubo.AI helps wholesalers and distributors achieve their profit targets efficiently.

Digital Converters

Seed Round in 2021
Digital Converters provides converting between video formats, including VHS, VHS-C, MiniDV, Hi8, Digital8, and more. They also provide conversions of videotapes, cine film, photo slides, and audio.

Mindtech Global

Seed Round in 2021
Mindtech Global is a developer of an advanced Data Ops Platform that streamlines the process of collecting and curating training data for artificial intelligence computer vision applications. The platform employs automation and unique Configurable DNA technology to facilitate the creation of synthetic training data, complete with pixel-accurate annotations tailored to represent the customer's deployment environment. By serving a variety of industries, including smart city initiatives, retail, healthcare, and robotics, Mindtech's platform enables clients to rapidly develop high-performance, production-ready AI models. The solution is designed to be fast, flexible, and repeatable, allowing organizations to efficiently manage their training data and enhance the effectiveness of their AI systems.

AME Group

Venture Round in 2021
AME Group is a provider of product design services that cater to the specific needs of its clients. The company specializes in product development and design, offering comprehensive solutions that include rapid prototyping, fully finished appearance models, and low-volume production systems. By utilizing advanced technologies and materials, AME Group provides in-house prototyping and 3D printing services, allowing clients to explore various design options throughout the entire new product development process. This approach ensures that clients receive tailored solutions that enhance their product innovation efforts.

Eventum Orthopaedics

Seed Round in 2021
Eventum Orthopaedics is a medical technology company that specializes in developing innovative devices aimed at enhancing the outcomes of knee replacement surgeries. The company's primary offering features advanced sensor technology that provides real-time measurements of the knee area, particularly focusing on the positioning of the kneecap. This technology is designed to assist surgeons in making informed decisions during procedures, ultimately improving patient results following knee replacements. By integrating precise measurement capabilities into surgical practices, Eventum Orthopaedics seeks to optimize the functionality of the knee joint and enhance the overall surgical experience for both patients and healthcare providers.

Pure Pet Food

Venture Round in 2021
Pure Pet Food is a producer of healthy, human-grade pet meals, specializing in dehydrated and freeze-dried pet food. The company focuses on creating low-processed, natural recipes designed for pets with sensitivities and ailments. By gently dehydrating ingredients using warm air to remove moisture, Pure Pet Food preserves the nutritional integrity of its products. This approach allows pet owners to access a variety of fresh and unprocessed meal options for their pets at affordable prices, promoting better health and well-being for animals.

Avail Technologies

Seed Round in 2021
Avail Technologies Ltd. is a company that specializes in the temporary employment sector by creating an application designed to connect Heavy Goods Vehicle (HGV) drivers with companies seeking temporary drivers for their contracts. Established in 2017 and headquartered in Manchester, United Kingdom, Avail Technologies was founded by a team of experienced directors who possess substantial industry knowledge, having held roles as both HGV drivers and logistics managers. This dual perspective allows the company to effectively address the needs of both drivers and employers in the logistics industry.

SatSense

Seed Round in 2021
SatSense is a pioneering company that specializes in precise satellite radar-based monitoring services for detecting and measuring ground deformations. Founded by esteemed academics Professors Andy Hooper and Tim Wright from the University of Leeds, SatSense offers superior accuracy and granularity in deformation data compared to traditional methods. The company's primary focus is safeguarding critical infrastructure such as rail lines, roads, pipelines, and properties by monitoring potentially harmful ground movements. They provide both historical analysis and ongoing monitoring services tailored to clients' specific needs.

Additive Manufacturing Technologies

Series A in 2021
Additive Manufacturing Technologies (AMT) specializes in automated post-processing technology aimed at enhancing the efficiency of additive manufacturing. The company's flagship platform, PostPro, significantly improves cost, quality, safety, and throughput in the production of 3D printed parts. By automating the manual and often expensive steps traditionally associated with legacy additive manufacturing, AMT enables facilities to scale up to high-volume production lines. Their innovative digital technology and comprehensive suite of post-production hardware facilitate the processing of 3D-printed polymer parts, allowing clients to reduce lead times and manufacturing costs effectively.

Slingshot Simulations

Venture Round in 2021
Slingshot Simulations Limited is a technology company based in Leeds, United Kingdom, founded in 2015. It specializes in providing a simulation-as-a-Service platform that enables businesses to rapidly simulate complex, large-scale systems. The company’s software facilitates automated configuration, deployment, management, and analysis of these simulations, thereby enhancing decision-making processes. Additionally, Slingshot Simulations offers digital twin solutions, allowing organizations of various sizes to leverage advanced simulation technologies for practical applications. Through its innovative offerings, the company aims to commercialize research conducted by computer scientists, making sophisticated simulation capabilities more accessible to businesses.

Incuto

Venture Round in 2020
Incuto Limited, established in 2016 and headquartered in Ilkley, UK, is a financial technology company specialising in SaaS-based banking software for credit unions, community banks, and CDFIs. The company's flagship product, incuto Hive, is a comprehensive platform supporting back-office processes, financial education, communication, performance management, and service provision for these institutions. Notably, the platform enables credit unions to offer digital banking services, including on-balance-sheet debit cards and sort codes, allowing them to compete with traditional banks and high-cost lenders while serving rural communities and those without physical bank access.

Bimsense

Seed Round in 2020
Bimsense Ltd., established in 2016 and headquartered in Hull, United Kingdom, specializes in building information modeling (BIM) software and consulting services. The company's flagship product, Operance, allows consultants, contractors, and builders to upload BIM models and associated data, facilitating easy search, sharing, updating, and utilization of building and asset information. This enables users to create tasks and notifications for managing operations and maintenance workflows. Additionally, Bimsense offers bespoke training and consultancy services aimed at reducing project risks and lifecycle costs through quality BIM implementation. The company collaborates with various stakeholders, including estate owners, general contractors, property developers, designers, facility managers, manufacturers, and client agents, employing a three-step 'Target, Test, Track' process to integrate BIM into businesses and projects effectively.

Tribosonics

Venture Round in 2020
Tribosonics Limited is a technology company based in Sheffield, United Kingdom, specializing in high-end sensing technology solutions aimed at addressing wear, friction, and lubrication challenges in rotating equipment. Founded in 2006, the company develops and manufactures advanced ultrasonic measurement systems that facilitate accurate monitoring of various engineering applications, including power generation, manufacturing, aerospace, and petrochemicals. Its product offerings include solutions for measuring fluid film thickness, wear, load monitoring, and contact characterization, which assist engineering organizations in efficiently monitoring corrosion in pipes, tanks, and process systems. By providing essential data, Tribosonics enables firms to reduce costs and improve operational efficiency.

Advanced Digital Innovation

Venture Round in 2020
Advanced Digital Innovation (UK) Ltd., established in 2006 and based in Saltaire, specializes in developing application software tailored to the healthcare sector. The company's primary products are MyPathway, a communication platform connecting patients and clinicians, and PAINSENSE, a self-management tool for persistent pain, featuring tension alerts, relaxation resources, medication tracking, and engaging games. Additionally, they offer MEDSMINDER, a medication reminder software. ADI also provides consultancy services, including digital health strategy and co-design of systems, staffed by a team known for their integrity, confidentiality, and high ethical standards.

Nova Pangaea Technologies (NPT)

Venture Round in 2020
NPT is a cleantech company that has developed a revolutionary process technology called REFNOVA. REFNOVA allows customers to converts non-food plant residues into sustainable products such as biochar, activated carbon, biofuel, biopolymers and biochemicals. Our products help customers replace fossil based products and enable decarbonisation.

Logically

Seed Round in 2020
Logically is a UK-based technology startup that utilizes artificial intelligence to combat misinformation and enhance civic discourse. The company has developed a platform that employs AI and machine learning to detect false information, identify manipulated images, and extract text from visuals. By providing a fact-checking service, Logically aims to improve the media landscape and help government and enterprise organizations effectively detect, respond to, and prevent the spread of misinformation and deliberate disinformation. The platform is designed to reduce the harmful impact of fake news, fostering a more informed public discourse.

Bubo.AI

Seed Round in 2020
Bubo.AI is a company that specializes in providing an artificial intelligence-driven price optimization platform. This platform analyzes customer behavior over time to determine what customers are willing to pay, then recommends optimal pricing strategies to sales staff. By aligning optimization models with both the willingness to pay and the willingness to accept, Bubo.AI helps wholesalers and distributors achieve their profit targets efficiently.

Chatta

Venture Round in 2020
Chatta Ltd is an educational technology company based in Kingston upon Hull, United Kingdom, founded in 2013. It develops a teaching approach software that connects images with language, creating an audio-visual resource aimed at enhancing children's communication, language, and literacy skills. The platform facilitates progress in areas such as oracy, vocabulary, writing, and memory. Chatta's solutions are designed for a range of educational environments, including childminders, nurseries, primary and secondary schools, special needs professionals, and teacher training institutions, both in the United Kingdom and internationally. The company also provides training, resources, ongoing implementation support, and impact reviews to ensure effective use of its tools.

GI UK Medical

Seed Round in 2020
GI UK Medical Ltd is a company based in Northallerton, United Kingdom, that specializes in the distribution of medical devices, particularly in the field of gastroenterology. Incorporated in 2019, the company focuses on providing innovative solutions, including capsule endoscopy systems and other gastroenterology products. GI UK Medical aims to enhance the delivery of healthcare services within both the National Health Service (NHS) and private sectors in the UK. By developing and distributing advanced endoscopy technologies, the company seeks to improve patient care while also aiming to reduce healthcare costs.

Arquella

Seed Round in 2020
Arquella Ltd is a company based in Sheffield, United Kingdom, established in 2017, that specializes in providing digital solutions for the care industry. Its offerings include advanced nurse call systems that incorporate innovative equipment such as nurse call room units, smartphone call alerts, and fall sensor systems. Arquella also delivers maintenance and support solutions for these systems, ensuring reliable operation. The company features a comprehensive platform that includes a reporting dashboard, call logs, and remote access capabilities, allowing caregivers to efficiently manage alerts and communications. By streamlining the flow of information, Arquella aims to enhance the quality and dignity of care for individuals requiring assistance.

Airship Services

Debt Financing in 2019
Airship Services Ltd is a technology company specializing in customer data management solutions for the hospitality industry. Founded in 2001 and headquartered in Sheffield, United Kingdom, the company designs and develops a broadcast platform that offers various services aimed at enhancing customer engagement. Its offerings include proof of presence metrics, such as presence frequency, repeat presence rate, and return visit rate, as well as automation, interaction triggers, retention strategies, search and segmentation, and communication services via email and SMS. Originally established as Powertext Systems Limited, the company rebranded to Airship Services Ltd in April 2015 to better reflect its focus on innovative solutions for the hospitality sector.

Additive Manufacturing Technologies

Series A in 2019
Additive Manufacturing Technologies (AMT) specializes in automated post-processing technology aimed at enhancing the efficiency of additive manufacturing. The company's flagship platform, PostPro, significantly improves cost, quality, safety, and throughput in the production of 3D printed parts. By automating the manual and often expensive steps traditionally associated with legacy additive manufacturing, AMT enables facilities to scale up to high-volume production lines. Their innovative digital technology and comprehensive suite of post-production hardware facilitate the processing of 3D-printed polymer parts, allowing clients to reduce lead times and manufacturing costs effectively.

Nova Pangaea Technologies (NPT)

Venture Round in 2019
NPT is a cleantech company that has developed a revolutionary process technology called REFNOVA. REFNOVA allows customers to converts non-food plant residues into sustainable products such as biochar, activated carbon, biofuel, biopolymers and biochemicals. Our products help customers replace fossil based products and enable decarbonisation.

Optimus Vitrum

Seed Round in 2019
Optimus Vitrum is advancing a new way to make toughened glass for mobile phone screens and wearable devices.

Advanced Digital Innovation

Venture Round in 2019
Advanced Digital Innovation (UK) Ltd., established in 2006 and based in Saltaire, specializes in developing application software tailored to the healthcare sector. The company's primary products are MyPathway, a communication platform connecting patients and clinicians, and PAINSENSE, a self-management tool for persistent pain, featuring tension alerts, relaxation resources, medication tracking, and engaging games. Additionally, they offer MEDSMINDER, a medication reminder software. ADI also provides consultancy services, including digital health strategy and co-design of systems, staffed by a team known for their integrity, confidentiality, and high ethical standards.

Avail Technologies

Seed Round in 2019
Avail Technologies Ltd. is a company that specializes in the temporary employment sector by creating an application designed to connect Heavy Goods Vehicle (HGV) drivers with companies seeking temporary drivers for their contracts. Established in 2017 and headquartered in Manchester, United Kingdom, Avail Technologies was founded by a team of experienced directors who possess substantial industry knowledge, having held roles as both HGV drivers and logistics managers. This dual perspective allows the company to effectively address the needs of both drivers and employers in the logistics industry.

Authenticate Information Systems

Venture Round in 2019
Authenticate Information Systems Ltd. is a software company based in Harrogate, United Kingdom, specializing in supply chain solutions for the food industry. Founded in 2013, it designs and develops a collaborative platform that offers comprehensive insights into the direct and indirect supply chains of food retailers, food service operators, and manufacturers. The software includes features such as supply chain mapping, audit management, KPI checks, self-assessment surveys, and supplier certification updates. By providing these tools, Authenticate enables businesses to create effective compliance programs while also reducing auditing costs.

Intechnica

Venture Round in 2019
Intechnica is a provider of information technology, software development, and technology consulting services based in the United Kingdom. The company focuses on enabling rapid business growth through cost-effective digital innovation and transformation solutions. Intechnica helps organizations enhance their website and application performance, leading to significant reductions in hosting costs while maximizing sales revenues. By offering these services, Intechnica aims to support businesses in achieving their digital objectives and improving overall operational efficiency.

Pureclarity

Series A in 2019
PureClarity, founded in 2014, is a personalization platform aimed at enhancing online sales for both B2C and B2B companies. The company addresses a common oversight in e-commerce, where businesses often treat all customers identically. By leveraging artificial intelligence, PureClarity's software analyzes customer behavior to provide tailored product recommendations and personalized marketing campaigns. This technology not only improves the customer experience but also boosts sales, increases average order values, and enhances customer loyalty. PureClarity offers an effective and user-friendly solution for e-commerce businesses looking to convert online visitors into loyal customers.

Abingdon Health

Venture Round in 2019
Abingdon Health Plc is a technology-enabled lateral flow diagnostics company based in York, United Kingdom. Founded in 2008, the company specializes in the development, manufacturing, and marketing of rapid diagnostic tests for medical use, catering to a global clientele. Its flagship product, the AbC-19 Rapid Test, is a COVID-19 neutralizing antibody test. In addition to COVID-19 testing, Abingdon Health offers various other diagnostic solutions, including tests for self-test HIV, equine infections, and human fertility. The company's operations are structured into several segments, including Contract Development for third-party projects, Contract Manufacturing for manufacturing activities, and Product Sales encompassing a range of diagnostic products. Abingdon Health's focus on innovation and technology positions it as a key player in the field of rapid and near-patient medical diagnostics.

Inovus Medical

Venture Round in 2018
Inovus Medical is a company that specializes in designing and manufacturing medical simulation products, primarily aimed at enhancing surgical training. Founded in 2012 and based in Saint Helens, United Kingdom, Inovus produces a range of simulators, including take-home and institutional laparoscopic simulators, which facilitate the training of surgical trainees and residents. Their products cover essential procedures such as laparoscopic appendectomy and cholecystectomy, as well as training tools for critical care and general medicine. By providing accessible and versatile healthcare training equipment, Inovus Medical aims to improve surgical skills and, consequently, the quality of patient care. The company serves its customers through online platforms, making its training solutions widely available.

Rinicare

Venture Round in 2018
Rinicare Ltd. is a healthcare technology company based in Macclesfield, United Kingdom, specializing in the design and manufacture of innovative monitoring devices. The company offers a range of products, including the PRIME device, which utilizes wireless sensors for vital sign monitoring and data analysis, allowing clinicians to remotely visualize, transmit, and store patient data. Additionally, Rinicare has developed PRIME IoT, which facilitates the transmission of vital sign data to compatible devices through healthcare application software. The company also focuses on patient safety with its SAFE system, a falls detection and prevention solution that employs thermal imaging sensors and intelligent algorithms to monitor patients' positions in bed, alerting clinicians to potential fall risks. Through these technologies, Rinicare aims to enhance patient care by providing real-time insights that support informed decision-making in clinical settings. Established in 2002, Rinicare continues to innovate within the healthcare sector.

Shaping Cloud

Venture Round in 2018
Shaping Cloud Ltd, founded in 2010 and based in Manchester, United Kingdom, specializes in cloud-based products and services. The company develops innovative cloud software and infrastructure solutions aimed at reducing costs, enhancing efficiency, and boosting client engagement. Shaping Cloud is dedicated to helping clients identify effective cloud solutions that deliver genuine transformational value rather than superficial benefits. Its offerings are designed to provide clients with the tools necessary to make informed decisions, plan confidently, and achieve significant, lasting improvements while maintaining control over their cloud strategies.

Link App

Seed Round in 2018
The Link App Limited is a company that specializes in developing applications tailored for law firms, enhancing their day-to-day operations and client interactions. Founded in 2014 and based in Manchester, United Kingdom, the Link App offers a platform that facilitates secure communication between legal professionals and their clients. Key features include case tracking, document sharing, electronic signing, and real-time communication, enabling law firms to manage legal cases efficiently and maintain strong professional relationships. By providing clients with direct access to case updates through a dedicated secure channel, the Link App eliminates the need for clients to seek progress reports, thereby streamlining communication and improving overall client service in the legal sector.

Moodbeam

Grant in 2018
Moodbeam Limited develops a wearable device designed to help users log their moods and monitor emotional well-being. Incorporated in 2016 and headquartered in Hull, United Kingdom, the company offers a discreet, handheld device that connects to an online and mobile platform. This technology allows users to track mood changes over time, providing insights into patterns and trends that can facilitate positive change. Moodbeam's product is particularly valuable for parents, educators, and employers who seek to better understand the emotional states of children, students, or employees. The inspiration for Moodbeam stemmed from a personal experience of the founder, who recognized the challenges many face in understanding emotional well-being.

SatSense

Seed Round in 2018
SatSense is a pioneering company that specializes in precise satellite radar-based monitoring services for detecting and measuring ground deformations. Founded by esteemed academics Professors Andy Hooper and Tim Wright from the University of Leeds, SatSense offers superior accuracy and granularity in deformation data compared to traditional methods. The company's primary focus is safeguarding critical infrastructure such as rail lines, roads, pipelines, and properties by monitoring potentially harmful ground movements. They provide both historical analysis and ongoing monitoring services tailored to clients' specific needs.

Pureclarity

Seed Round in 2018
PureClarity, founded in 2014, is a personalization platform aimed at enhancing online sales for both B2C and B2B companies. The company addresses a common oversight in e-commerce, where businesses often treat all customers identically. By leveraging artificial intelligence, PureClarity's software analyzes customer behavior to provide tailored product recommendations and personalized marketing campaigns. This technology not only improves the customer experience but also boosts sales, increases average order values, and enhances customer loyalty. PureClarity offers an effective and user-friendly solution for e-commerce businesses looking to convert online visitors into loyal customers.

Laytrix

Seed Round in 2018
Laytrix Limited is a company specializing in the development of equipment for laying and removing subsea pipelines. Established in 2017 and based in Darlington, United Kingdom, Laytrix manufactures systems designed to support the offshore industry, particularly in oil and gas, renewables, and marine sectors. Their product offerings include solutions for pipelay and decommissioning, featuring capabilities such as flex lay mode, carbon capture and storage pipelines, and pipeline recovery. Laytrix provides flexible options for clients, including design, build, rental, or licensing of their equipment, enabling efficient and cost-effective operations. Their innovative systems facilitate the rapid installation and demobilization of equipment, allowing clients to optimize resource utilization while minimizing associated risks.

Ash.TV

Seed Round in 2018
Ash.TV is an innovative video advertising platform that connects brands with targeted consumers through a direct mobile interface. Based in Hull, the City of Culture 2017, the company leverages live social media data, GEOIP data, and retargeting techniques to accurately identify users' demographics and interests. This allows advertisers to deliver relevant content at optimal times, enhancing customer engagement and experience. As a result, Ash.TV not only drives increased revenue for publishers but also generates success stories for advertising agencies and provides clients with exceptional analytics. Since its inception, Ash.TV has experienced significant growth and is expanding its reach beyond Hull to locations such as Amsterdam and France.

MedCircuit

Seed Round in 2018
MedCircuit Limited is a company that develops innovative triage software designed to assist doctors and nurses in clinical settings, specifically within emergency medicine and general practice. Founded in 2015 and based in Manchester, United Kingdom, MedCircuit's software employs algorithms to gather relevant clinical information from patients, either while they are in the waiting room or prior to their arrival at the hospital. This approach enhances the efficiency of the clinical triage process, enabling healthcare professionals to provide timely treatment while upholding high standards of care. The software was created by a multidisciplinary team of doctors, nurses, and technology experts who recognized the need for advanced solutions to address the increasing demands on medical services.

Pimberly

Series A in 2018
Pimberly is a cloud-based software as a service (SaaS) platform specializing in product information management (PIM), digital asset management (DAM), and workflow solutions. It is designed to accommodate an unlimited number of SKUs and data feeds, making it ideal for manufacturers, distributors, and retailers. The platform enables users to efficiently manage all product data, assets, and attributes through a modern browser interface. Pimberly also facilitates automatic interfaces with suppliers, customers, resellers, and various internal systems, streamlining operations and supporting new market opportunities. Its scalable architecture allows businesses to enhance their product management capabilities effectively.

Hydrotherm

Seed Round in 2018
Hydrotherm Limited specializes in developing innovative water heating products tailored for off-grid energy markets. Founded in 2017 and based in York, United Kingdom, the company offers a lithium-ion powered portable water heater designed for camping and leisure activities, as well as for use by lone workers who require immediate access to hot water for showering or tool cleaning. In addition to its water heater, Hydrotherm produces a line of stainless steel rocket stoves, marketed under the Rocketman brand, which are smokeless and suitable for backpacking, camping, and outdoor living. The company focuses on enhancing convenience and efficiency for its users in various outdoor and practical applications.

Manchester Imaging

Seed Round in 2018
Manchester Imaging Limited is a dental diagnostic software company that originated as a spinout from the University of Manchester. The company specializes in developing advanced image analysis software utilizing computer vision and machine learning technologies to enhance preventive dentistry. Its diagnostic tools are designed to identify early signs of dental decay and other oral health issues, enabling patients to take better care of their teeth. By leveraging pioneering image-recognition technology, which has previously been applied successfully in facial and medical image recognition, Manchester Imaging aims to improve oral health outcomes while also reducing costs associated with dental restorations and repairs for insurance providers and governments. The company’s expertise is rooted in its successful development of patented AI medical image analysis software, which supports dentists in delivering effective preventive care.

Azzure IT

Venture Round in 2018
Azzure IT Ltd is a Sheffield-based company that specializes in providing information technology consultancy services, primarily focusing on the Microsoft Dynamics suite. As a Microsoft Gold Partner, Azzure offers software and enterprise resource planning (ERP) solutions tailored for businesses in sectors such as manufacturing, distribution, professional services, wholesale, and not-for-profit organizations. Their product offerings include Microsoft Dynamics NAV, which provides comprehensive automation for sales, purchasing, operations, accounting, and inventory management, as well as Microsoft Dynamics 365, a cloud-based application that enhances operational integration and analysis. Azzure also delivers a range of support services, including consultancy, management, and marketing support specifically for Microsoft Dynamics products. Established in 2010, Azzure IT is committed to helping businesses optimize their operations through effective IT solutions.

BinaryBots

Venture Round in 2017
BinaryBots is a company focused on making coding accessible and affordable for children through engaging educational robotic kits and smart toys. Since its inception in 2012, BinaryBots has collaborated with numerous children and schools to create a distinctive range of cardboard robots and interactive activities that simplify the learning process of coding. The company's offerings include characters like Binary, the robot inventor from Planet Hex, and his companion Dimm, as well as the 'super saucer' UFO. Children are encouraged to build their own robots from kits and learn to write code to control their actions, fostering both creativity and technical skills in a fun and engaging manner.

Smartgate Solutions

Venture Round in 2017
Smartgate Solutions is a UK-based solutions provider working within regulated industries in the UK and internationally. It provides a range of quality and compliance systems for the health and social care, security, and transport sectors. Smartgate has developed its cloud-based Radar Healthcare Quality & Compliance System to help regulated industries manage and meet both their operational and regulatory requirements, offering a truly smart and effective tool to underpin operations and processes and affording the necessary visibility against performance and compliance.

Envoke

Envoke is a developer of a virtual demo platform specifically designed for life science companies. Its technology offers a fully immersive and interactive experience that allows users to explore life science instruments in detail. This platform enables employees across various departments, such as sales and training, to qualify leads and educate staff without the need for physical travel to demonstration events. Additionally, it supports maintenance teams with worldwide assistance, enhancing operational efficiency and customer engagement in the life sciences sector.
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