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Mercia Ventures

Europe, Warwickshire, United Kingdom, Henley In Arden

Description

Mercia Ventures, the venture capital arm of Mercia Asset Management PLC, stands as a prominent early-stage to scale-up investor deeply committed to fostering growth across the United Kingdom, particularly in regional economies often underserved by traditional capital. The firm distinguishes itself by providing patient capital and strategic support to innovative businesses, leveraging its extensive network and expertise. Mercia Ventures' investment philosophy spans the entire company lifecycle, from pre-seed to Series B and beyond, demonstrating a flexible and long-term commitment to its portfolio companies.

The firm typically deploys first cheques ranging from approximately $127,000 (£100,000) up to $12.7 million (£10 million), reflecting its capacity to support companies at various stages of development. Mercia Ventures maintains a strong sector focus on high-growth areas such as deep tech, software, and life sciences, identifying and nurturing businesses with significant disruptive potential. Their strategic approach includes managing a diverse portfolio of funds, including the Northern Powerhouse Investment Fund (NPIF) and the Midlands Engine Investment Fund (MEIF), which underscores their dedication to regional economic development.

Mercia Ventures has established itself as one of the most active regional investors in the UK. The firm manages over $1.27 billion (£1 billion) in assets across various funds, showcasing its substantial financial capacity. This significant capital base has enabled Mercia Ventures to make over 400 investments to date, contributing substantially to the UK's innovation ecosystem and supporting hundreds of businesses through critical growth phases. Their integrated approach, combining capital with hands-on support, aims to build resilient and successful companies that can achieve significant scale and impact.

Investor Profile

Mercia Ventures has backed more than 44 startups, with 27 new investments in the last 12 months alone. The firm has led 23 rounds, about 52% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States.
  • Strong thematic focus on Biotechnology, Software, Health Care.
  • Led 13 rounds in the past year.
  • Typical check size: $127K – $12.7M.

Stage Focus

  • Series Unknown (57%)
  • Seed (23%)
  • Series A (18%)
  • Series B (2%)

Country Focus

  • United Kingdom (95%)
  • United States (2%)

Industry Focus

  • Biotechnology
  • Software
  • Health Care
  • Information Technology
  • Therapeutics
  • Cyber Security
  • Artificial Intelligence (Ai)
  • Medical
  • E-commerce
  • Consulting
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Mercia Ventures frequently co-invest with?

Eos
Europe, Fife, United Kingdom, Saint Andrews
Co-Investments: 3
Maven Capital Partners
Europe, Glasgow City, United Kingdom, Glasgow
Co-Investments: 2
NP
Europe, Sheffield, United Kingdom, Sheffield
Co-Investments: 2
MP
Europe, Warwickshire, United Kingdom, Henley In Arden
Co-Investments: 3
Midlands Engine Investment Fund
Europe, Sheffield, United Kingdom, Sheffield
Co-Investments: 3
MA
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 2
IQ Capital
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 2
Calculus Capital
Europe, England, United Kingdom, London
Co-Investments: 6
Scottish Enterprise
Europe, Glasgow City, United Kingdom, Glasgow
Co-Investments: 3
Eli Lilly
North America, Indiana, United States, Indianapolis
Co-Investments: 2

Which angels does Mercia Ventures often collaborate with?

RL
North America, California, United States, Pleasanton
Shared Deals: 1
IP
North America, California, United States, Mountain View
Shared Deals: 1

What are some of recent deals done by Mercia Ventures?

Laverock Therapeutics

Stevenage, Herefordshire, United Kingdom

Laverock Therapeutics is developing a gene silencing platform for the creation of programmable, allogeneic cell therapies.

BiotechnologyTherapeutics
SeedJun 30, 2025
Serve First

Romford, Havering, United Kingdom

Serve First provides customer feedback surveys and staff engagement platforms.

ConsultingConsumer ReviewsEmployee BenefitsMarket Research
Series UnknownJun 25, 2025
Amount Raised: $5,347,339
SCI Semiconductor

Sheffield, Sheffield, United Kingdom

SCI Semiconductor is developing and commercialising next generation, cyber-secure processor devices.

CommercialCyber Security
SeedMay 23, 2025
Amount Raised: $3,385,749
Grid Edge

Birmingham, Birmingham, United Kingdom

Grid Edge offers artificial intelligence, energy optimisation, and building energy management services.

Artificial Intelligence (AI)Environmental ConsultingMachine LearningRenewable EnergySoftware
Series UnknownApr 3, 2025
Amount Raised: $3,658,012
ImmuONE

Hatfield, Hertford, United Kingdom

ImmuONE provides translation studies, high content analysis, immune response, and interaction services.

Training
SeedMar 13, 2025
Amount Raised: $777,418
Notify Technology

Wallsend-on-tyne, North Tyneside, United Kingdom

Notify Technology is a company provides Solutions that will transform your business.

Business DevelopmentBusiness Information SystemsInformation Technology
Series UnknownMar 5, 2025
Amount Raised: $1,918,338
75Media

Leeds, Leeds, United Kingdom

75Media is an outdoor advertising company.

Advertising
Series UnknownMar 4, 2025
Crown Plus

Telford, Telford and Wrekin, United Kingdom

Crown Plus is a nationwide company that specializes in data processing, related civil engineering projects.

Series UnknownFeb 28, 2025
Amount Raised: $4,907,994
Napo

London, England, United Kingdom

Napo is the “tooth-to-tail” pet insurance platform focused on helping millions to become responsible and fulfilled pet parents.

Information TechnologyInsuranceInsurTechInternetPet
Series BFeb 26, 2025
Amount Raised: $15,181,956
OneUp Sales

Birmingham, Birmingham, United Kingdom

OneUp Sales is a sales team management & motivation platform built to transform the way we run sales teams forever.

ComputerProfessional ServicesSaaSSoftware
SeedFeb 24, 2025
Amount Raised: $1,901,984