Midlands Engine Investment Fund: Investment Portfolio & Startup News
Midlands Engine Investment Fund
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Investment Portfolio
HALO X-ray Technologies lands funding led by Agilent Technologies for X-ray diffraction screening of airport baggage
HALO X-ray Technologies develops advanced X-ray diffraction instrumentation for security screening. The technology identifies the materials inside screened items so that operators at airports and border checkpoints can tell genuine threats from everyday belongings.
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
- 26 Oct 2026
NousNous raises £13m in funding led by Heartcore Capital and Mosaic Ventures for an AI agent that manages household bills and admin
EquityConsumer - 19 Oct 2026
FrugaFruga secures a £1m in funding led by PXN Ventures to lower insurance renewal premiums through open banking
EquityFintech - 13 Oct 2026
SainapticSainaptic raises £1m in funding led by Cornerstone VC and Ufi Ventures for AI-assisted marking of vocational and professional qualifications
EquityEducation
