Date | Title | Description |
09.07.2025 | Candid Hospitality Raises £800K in Funding | Candid Hospitality, a Hull, UK-based provider of a hiring platform for the hospitality industry, raised £800K in funding.
Backers included NPIF II – Mercia Equity Finance, which is managed by Mercia Ventures and part of the Northern Powerho... |
08.07.2025 | Deep Tech Robotics Firm AssetCool Secures £10M to Revolutionize Global Power Grids | AssetCool, a UK deep tech innovator, secured £10 million Series A funding. The company pioneers robotic application of nanomaterials to power lines. This technology boosts grid capacity by up to 30%, making upgrades faster and 20 times chea... |
08.07.2025 | Taxpayer-backed gaming studio collapses into administration | A company backed by the UK government’s British Business Bank and has worked with some of the world’s largest gaming companies has collapsed into administration.
Airship Interactive provides artwork for the likes of Disney, Microsoft and Bl... |
03.07.2025 | British robotics company AssetCool raises €11.5 million to scale rapid robotic grid upgrade technology globally | Leeds-based AssetCool, a DeepTech company innovating advanced robotics and coatings for power lines, raised an €11.5 million Series A funding round to scale its proprietary robotics technology globally.
The oversubscribed round was led by E... |
03.07.2025 | AssetCool Raises £10M in Series A Funding | AssetCool, a Leeds, UK-based deep tech company providing advanced robotics and coatings for power lines, raised £10M in Series A funding.
The round was led by Energy Impact Partners (EIP), with participation from Extantia Capital, Taronga G... |
23.05.2025 | Atomik AM: Pioneering Sustainable Manufacturing from Liverpool | In the heart of Liverpool, a revolution is brewing. Atomik AM, a female-founded startup, is making waves in the advanced manufacturing sector. With a recent funding boost of €713,000 from the Northern Powerhouse Investment Fund II, the comp... |
22.05.2025 | Female-founded British startup Atomik AM raises €713k to scale its advance manufacturing business | Liverpool-based Atomik AM, a female-founded advanced manufacturing business, has raised €713k from the Northern Powerhouse Investment Fund II to scale-up the solutions it provides to manufacturers across the world.
Atomik AM has raised the ... |
19.05.2025 | British HealthTech startup Envoke raises further €1.1 million to develop “flight simulator for lab equipment” | Leeds-based Envoke, a HealthTech startup developing simulation software that enables medical staff to train to use laboratory equipment and troubleshoot problems, has raised an additional €1.1 million.
NPIF – Mercia Equity Finance, which is... |
19.03.2025 | Eventum Orthopaedics: Pioneering a New Era in Knee Surgery | In the world of medical technology, innovation is the lifeblood that keeps the industry thriving. Eventum Orthopaedics, a company based in Ilkley, UK, is making waves in the field of knee replacement surgery. With a recent funding boost of ... |
18.03.2025 | Eventum Orthpaedics secures €4.5 million as it rolls out knee operation device in UK and US | Eventum Orthopaedics, a Ilkley-based MedTech company innovating knee replacement surgery, has raised a further €4.5 million in order to build stocks of its Quadsense product following its launch in the UK, US, and New Zealand and develop tw... |
07.12.2024 | Netacea's £4M Funding: A New Shield Against Cyber Threats | In the digital age, where every click can lead to a potential breach, cybersecurity has become a battleground. Netacea, a Manchester-based startup, is on the front lines. Recently, it secured an additional £4 million in funding, a lifeline ... |
06.12.2024 | Netacea raises further £4M for battle against the bots | Netacea, a cybersecurity startup that protects companies against bot attacks, has raised £4M from Mercia Asset Management, which is investing from its own funds and the first Northern Powerhouse Investment Fund (NPIF).
With the funds, the M... |
09.10.2023 | UK's FourJaw raises £1.8M to boost manufacturing industry with IoT solutions | UK-based IoT startup FourJaw has raised £1.8 million from NPIF – Mercia Equity Finance managed by Mercia and is part of the Northern Powerhouse Investment Fund, Mercia’s EIS funds and private investors.
The Sheffield-based firm will use the... |
02.10.2023 | Shopblocks raises £1.5M to lead in B2B e-commerce market | Today online store-building platform Shopblocks has raised over £1.5 million to help establish it as a leader in the business-to-business e-commerce market.
The UK e-commerce platform enables companies to set up an online store in a fractio... |
14.08.2023 | AssetCool raises £2.25m for photonic coating to boost power line efficiency | Developing a durable photonic materials-based coating, AssetCool wants to cool down overhead power lines. The coating is said to increase the performance of electricity networks as it reduces energy losses, costs and emissions. It has also ... |
24.01.2023 | Northern Gritstone helps pour £3 million into decision intelligent startup Slingshot Simulations | Slingshot Simulations, a UK-based digital twins and decision intelligence software company based on University of Leeds IP, is announcing a £3 million series A raise backed by regional academic investor Northern Gritstone.
Northern Gritston... |
18.10.2022 | New £5.25m investment in Nova Pangaea to accelerate business growth | Nova Pangaea Technologies – the Teesside-based Clean Tech business – has raised £5.25m in a funding round led by Mercia Asset Management Plc, Par Equity and NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Norther... |
07.08.2022 | EmpowerRD’s Guide to Government Funding for Startups | Please note: The information contained in this article was updated on 4th November 2020. For the most recent version of this guide, head to the EmpowerRD website. Claimants should also consult the UK government’s website for updates on indi... |
24.05.2022 | Sale of virtual reality firm provides 4x return for Mercia | Immersive Interactive – a Southport company which provides virtual reality software for the education and medical sectors – has been acquired by Florida-based Echo Healthcare Inc, a global leader in high-reality simulation. |
08.03.2022 | British Business Bank’s regional equity funds sign up to Investing in Women Code | The Equity Fund Managers from the British Business Bank’s regional funds – the Northern Powerhouse Investment Fund (NPIF), the Midlands Engine Investment Fund (MEIF) and the Cornwall & Isles of Scilly Investment Fund (CIOSIF) have all b... |
09.10.2019 | Funding your early-stage tech company – what are the options? | While many companies fuel growth organically through generating revenue, depending on your sector, competitor landscape and business model, you may look to seek external funding at some stage of your journey. But what options are there, and... |
29.05.2019 | Mercia ‘dragons’ support UK’s biggest student pitch contest | Over 160 graduates and students gathered in Birmingham for the launch of the Santander Universities Entrepreneurship Programme. They were there to learn how to pitch their business ideas to investors in one of the UK’s largest competitions ... |
12.01.2018 | NPIF completes first £2m investment into fast-growing IT firm | One of the North’s fastest growing small tech firms has received £2.0million funding from NPIF – Mercia Equity Finance, part of the Northern Powerhouse Investment Fund, to allow it to continue its rapid growth. |
09.11.2017 | Investment Index Q3: Best quarter for Northern tech deals since records began | This article was originally posted on the Tech North website.
A total of £202.5m was invested during Q3 2017 across the North of England. In addition, the largest number of individual deals also took place, with a total of 40 individual tr... |
28.09.2017 | Northern Powerhouse Investment Fund provides six figure boost for North East based energy storage specialist | NPIF – Enterprise Ventures Equity Finance, which is managed by Enterprise Ventures, has completed a £400,000 investment in CRESS Systems, an energy storage provider for industrial energy efficiency. |
22.09.2017 | Northern Powerhouse Investment Fund tops the £10m mark | The Northern Powerhouse Investment Fund (NPIF) is celebrating reaching another milestone with more than £10m now invested across the Northern Powerhouse region. Launched at the end of February 2017, NPIF supports regional entrepreneurship t... |
25.08.2017 | Enterprise Ventures expands its equity team | Enterprise Ventures part of Mercia Technologies PLC, has announced that it has expanded its equity team again following the appointment of Jonny Sharp as Investment Manager to its early stage equity team. |
22.08.2017 | NPIF completes investment in engineering firm | The Northern Powerhouse Investment Fund (NPIF) has facilitated £250,000 worth of debt funding to Humber-based engineering firm Allied Protek Engineering Solutions. |
18.08.2017 | Enterprise Ventures completes its new debt team | Enterprise Ventures, part of Mercia Technologies PLC, has announced that it has now made the final appointment to the Northern Powerhouse Investment Fund (NPIF) Enterprise Ventures Debt Team. |
10.08.2017 | York distributor flexes muscles with NPIF funding | The Northern Powerhouse Investment Fund (NPIF) has provided £200,000 worth of debt funding to Power Body Nutrition Limited, a wholesale distributor of nutrition and sports supplements. This marks one of NPIF’s first investment in the York a... |
27.03.2017 | NPIF Fund Managers buoyant about prospects of new Fund | Work has already begun to assess applications to the £400m Northern Powerhouse Investment Fund (NPIF) from companies across the Northern Powerhouse region. |
10.03.2017 | British Business Bank Launches £400m Northern Powerhouse Investment Fund | The British Business Bank recently launched its £400m Northern Powerhouse Investment Fund (NPIF).
Based in Sheffield, the new fund will work with 10 Local Enterprise Partnerships (Tees Valley Combined Authority, Greater Manchester, Cheshire... |