VC Mercia Technologies signs up four new university partnerships
Henley-in-Arden HQ’d tech VC Mercia Technologies (MERC) has secured four new university partnerships in the North of England and Scotland. The four new partnerships include Sheffield Hallam University, Heriot-Watt University, Edinburgh Napier University, the University of St Andrews, and will further enhance Mercia’s ability to source investment opportunities in two of the group’s key target regions for expansion.
Mercia CEO Mark Payton said: “Following our recent acquisition of Enterprise Ventures, the partnership with Sheffield Hallam University will continue to build our presence in the north of England alongside York, Liverpool and Liverpool John Moores universities.
“These new Scottish university partnerships via our office in Edinburgh, alongside our existing partners of Abertay and Strathclyde Universities reflect our strengthening presence in one of our target regions as we seek to become the go-to provider of finance for innovative Scottish companies.
Together with the professional network of Mercia’s technology transfer team, the university partnerships provide Mercia with a compelling ability to source new investments.
This is central to Mercia’s strategy to create shareholder value by nurturing and providing funding continuity to innovative businesses from an early stage via its third party funds through to maturity via its own balance sheet cash resources.