Liverpool University, Liverpool John Moores University and York University have partnered with Mercia Technologies to give their spinouts access to potential investment.
Mercia Technologies, a UK-based investment firm, has partnered with three more higher education institutions, bringing its total number of university partnerships to 14.
The three new partners are Liverpool University, Liverpool John Moores University and York University. The partnerships give Mercia Technologies access to spinouts and early-stage investment opportunities arising at these universities.
Mercia plans to open an office in the north of England in 2016 to better work with these universities.
Other universities that have partnerships with Mercia include Birmingham University, Aston University, Wolverhampton University, Staffordshire University, Coventry University, Leicester University, Keele University, Warwick University, Birmingham City University, Strathclyde University and Abertay University.
Mercia Technologies listed on London’s alternative investment market, Aim, in December 2014. It trades under the ticker symbol Merc.
Mark Payton, chief executive of Mercia Technologies, said: “The North of England has a wealth of untapped potential in terms of scalable technology businesses, and we look forward to working closely with the technology transfer teams at each of our new university partners to build, fund, and support the accelerated growth of their promising spinout companies.”
You can listen to our interview with Mark Payton from August 2014 here.
