UK-based early-stage investor Mercia Fund Management names new investment director and head of technology transfer.

Mercia Fund Management, a UK-based technology investor partnered with several universities, has named its new investment director and head of technology transfer.

Nicola Broughton will lead a team which aims to build stronger links with UK universities in the midlands, the north of England, and Scotland. Broughton will be bringing with her experience in life sciences and commercialisation, which includes founding her own intellectual property commercialisation in 2013.

Mark Payton, CEO at Mercia, said: “We are delighted to welcome Nicola to our team, especially as our number of university links continues to grow. MFM has an enviable pipeline of spin-out investment opportunities from universities based in the Midlands, North and Scotland, including the Universities of Warwick and Birmingham.

“With the appointment of Nicola as Head of Technology Transfer, we will be able to provide further support and guidance and, through our unique investment model, we will then be able to fund these spin-outs through to growth and potential exit.”