Case Studies

A Leeds-based company whose technology could replace dashboard controls in cars and transform the way we operate appliances raised a further £3m to help prepare for mass production.

Yorkshire indoor climbing operator, Freeklime, secured a £150,000 loan from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt and part of the Northern Powerhouse Investment Fund II (NPIF II), to expand its business with the launch of a third venue.

A Yorkshire company that has found a way to improve ocean health through the cultivation of seaweed and shellfish is set for expansion following funding from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II).

Talion Cyber Security, a leading managed security service provider (MSSP) forged out of BAE Systems, has raised £2m from existing backers including NPIF - Mercia Equity Finance, which is managed by Mercia as part of the first Northern Powerhouse Investment Fund, and Crown Investments.

AssetCool, a Leeds-based company that helps to tackle grid congestion by increasing the capacity of overhead power lines, has raised £10m in a Series A funding round backed by leading global energy investors.

A Sheffield based company that has helped deliver some of the UK’s most high-profile bridge infrastructure projects has raised almost £1.4m in debt funding to support its further growth.

The entrepreneurs behind two of the UK’s most successful hospitality tech businesses have joined forces to launch a new venture that aims to reshape hospitality recruitment.

Founded in 2014 and based in Bootham, York, Trustist is an innovative digital reviews platform helping businesses maximise the impact of their online reputation. With a £250,000 loan through the Growth Guarantee Scheme, Trustist is scaling up its technology, marketing, and team, and redefining how businesses use customer feedback to grow.

A UK start-up that aims to win the race to develop the world’s first ‘memory safe’ computer chip has raised £2.5m in a funding round led by Mercia Ventures.

Reel Film, a video production company in Wetherby, sought a £70,000 loan through the Growth Guarantee Scheme (GGS) to expand the business. Facing a shift in the industry towards short content projects, the loan allowed Reel Film to grow its marketing and sales efforts and hire a dedicated business development team.

A UK company whose simulation software enables medical staff to train to use laboratory equipment and troubleshoot problems has raised a further £1m.

A Queen’s Award-winning company that supplies bearings worldwide raised £500,000

from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the

Northern Powerhouse Investment Fund II (NPIF II)

One of Sheffield’s leading scaffolding companies has secured funding for further growth following its acquisition of a business in Barnsley.

In this video, Dan Brookman, CEO & Co-Founder of Airship & Toggle, talks about raising equity finance from the first Northern Powerhouse Investment Fund and how the investment allowed them to exit the business.

A North Yorkshire-based veterinary practice has secured £90,000 from NPIF II – BEF, which is managed by Business Enterprise Fund (BEF) as part of the Northern Powerhouse Investment Fund II (NPIF II). The funding also came from BEF’s Community Investment Enterprise Fund 2 (CIEF2) backed by Lloyds Bank and Better Society Capital.

A Humberside-based locksmith has secured £60,000 from NPIF II – BEF Smaller Loans, which is managed by Business Enterprise Fund (BEF) as part of the Northern Powerhouse Investment Fund II (NPIF II)

A fast-growing Leeds cybersecurity company secured a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia as part of the Northern Powerhouse Investment Fund II (NPIF II).

Hull-based Wild Intervention, a business that delivers all-encompassing support to young people aged 16 and over, has secured a loan from the Northern Powerhouse Investment Fund II (NPIF II).