Case Studies

Cyber security software business SudoCyber received a £1m equity investment from the Investment Fund for Wales through appointed fund managers Foresight.

Salesfire – a Middlesbrough company whose platform helps e-commerce stores to increase sales - has raised a further £2.75m from NPIF II – Mercia Equity Finance, which is managed by Mercia Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II).

MircoLub, a University of Leeds spinout, has raised £3.5m of seed funding in a round combining capital from NPIF II – Praetura Equity Finance

North West-based electromechanical specialist Central Group secured a £700K investment package which is supporting significant growth, job creation and advances in new technology to support its digital transformation strategy.

Armagh based, female founded, tech start-up Needi received funding of £450,000 from the Investment Fund for Northern Ireland’s equity arm.

A growing cybersecurity company has raised £1.6m to expand its client base and scale its operations as demand grows for support managing tech defences.

Founded in 2020, Kris Ball launched The Padel Club after recognising its rising popularity while working abroad. With no courts available in his local area, Wilmslow, Kris decided to start the business in the anticipation that demand for the sport would take off.

Data solutions company INQDATA received £750,000 in equity investment from the Investment Fund for Northern Ireland in a deal led by Clarendon Fund Managers.

FinLegal - a Sheffield-based LegalTech company whose platform is used by the leading claims firms in the UK and Australia - raised £1.5m to accelerate the growth of its client base internationally.

Caerphilly (and Hereford) based EverTrek is a growing online travel brand catering to the £1.7bn hard adventure segment of the £10.7bn UK adventure tourism market.

Lucky Saint completed a Series A funding round with JamJar Investments, supported by the Bank’s Enterprise Capital Funds programme. This capital allowed the business to grow its team and provided the funding to open the Lucky Saint pub.

Xampla has developed an entirely new generation of materials, made from plants, that replaces plastics.

Ori Biotech’s mission is to eliminate barriers to patient access of cell and gene therapies (CGTs) through the use of innovation and by rethinking how those therapies are manufactured.

Quantexa is a data and analytics specialist which has developed a software platform for organisations to help them make meaningful, evidence-based decision using data and machine learning.

Thought Machine is providing the next generation of core banking platforms using software it has built natively for cloud infrastructure to help banks move away from a reliance on outdated IT infrastructure.

Alchemab Therapeutics is a healthcare company that is harnessing the power of naturally protective antibodies to develop novel products for patients with hard-to-treat diseases.

Heck Foods is a family-run premium sausage maker, which was founded by Yorkshire farmers Andrew and Debbie Keeble in 2012. Heck’s brands are sold throughout the UK in Tesco, ASDA, Morrisons, Booths and Waitrose, and via its own website.