Midlands Engine Investment Fund
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Investment Portfolio


TaiSan raises £4.7m in funding led by Eos Advisory and Mercia Ventures for solid-state sodium-ion batteries
TaiSan develops solid-state sodium-ion batteries that are lighter and more compact than existing sodium-ion and lithium-ion alternatives. Its technology is designed for applications such as electric bikes, scooters, vehicles and power tools, offering longer service life and greater safety than conventional flammable liquid electrolytes.


NuVision Biotherapies unlocks £4.8m in funding led by Mercia Ventures to speed up the healing of eye conditions
NuVision Biotherapies develops ophthalmic products based on amniotic membrane tissue. Its treatments are used to support healing after eye surgery and manage chronic eye conditions.


Grid Edge lands £2.8m led by Mercia Ventures to scale AI platform cutting energy costs and carbon emissions
Grid Edge builds AI software that analyses energy data from commercial buildings, helping owners and facilities teams reduce costs and emissions by optimising performance across meters, sensors and management systems.


ImmuONE raises £600k follow-on from investors to expand 3D lung model as an alternative to animal testing
ImmuONE provides a 3D human lung laboratory model that replaces animal testing, allowing companies to assess respiratory safety, inflammation and long-term effects of chemicals, drugs and consumer products more reliably.


OneUp Sales raises £1.5m from Mercia and Midlands Engine Investment Fund to expand its sales performance management platform
OneUp Sales offers a gamified sales performance management platform that helps managers track activity, motivate teams and improve results through automated competitions, insights and performance visualisation.
More venture news
- 21 Jul 2026

MOTHMOTH secures £11m in funding led by Puma Growth Partners to accelerate rollout of its premium canned cocktails
EquityConsumer - 20 Jul 2026

XentraXentra lands £2.7m in funding from Maven to provide subscription-based cyber security, safeguarding and compliance to SMEs
EquityCybersecurity - 16 Jul 2026

Applied ComputingApplied Computing secures £15m in funding led by KBR to build foundation AI models for energy operations
EquityIndustrial