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The Venture Codex

NPIF - Mercia Equity Finance

Forward House 17 High Street, Henley-in-Arden, Warwickshire, B95 5AA, United Kingdom

Overview

Mercia Equity Finance is a regional investor that focuses initially on uncovering the hidden value. It uses both of its managed funds and its proprietary capital to invest across four distinct asset classes: venture, private equity, and debt, referred to as their 'Complete Capital Solution’. It aspires to be the first choice for investors, investees, and employees, and, by aspiring to be the first choice, they believe that Mercia will deliver superior returns for business owners, shareholders, and fund investors alike.

Total investments
16
Lead investments
12
Investments · 12mo
5
Active investors
7

Sector focus

  • Financial Services
  • Venture Capital
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Investment portfolio

  • Envoke

    Participated · Seed · May 2026

    Envoke builds a virtual simulation platform that creates interactive, digital replicas of complex laboratory machinery to support remote operator onboarding, troubleshooting, and automated competency tracking. Its software has been reported to reduce field technician service call-outs by 15-20%. The company employs 16 people across the UK and US and is on track to surpass £1 million in annual recurring revenue. Envoke has secured major healthcare clients including the Mayo Clinic and Hawaii’s national blood laboratories. Led by Founder and CEO Stuart Warrington, the company plans to use its new funding to expand into the Asia-Pacific market and to hire three to five new software engineering and customer success staff in the UK.

  • OceanSaver

    Led · Equity · Dec 2025

    Founded in 2018, OceanSaver develops plant-based, non-toxic household cleaning products aimed at eliminating single-use plastic in the cleaning aisle. Led by CEO Rhys Harvey, the company’s line-up includes concentrated cleaning drops, plastic-free dishwasher tablets, and laundry sheets that dissolve in water to create ready-to-use solutions. The brand positions itself at the intersection of sustainability and convenience, targeting consumers who want to reduce plastic waste without compromising on cleaning efficacy. OceanSaver currently employs 12 staff members. With fresh capital, management plans to scale operations and accelerate new product development. The focus remains on broadening distribution channels and increasing brand visibility within the U.K.’s eco-conscious consumer segment.

  • Uniphy

    Led · Equity · Nov 2025

    Founded in 2015 in Leeds by microelectronics specialists David Lomas and David Dean, Uniphy’s core product is its BeyondTouch smart-surface platform, which turns almost any shaped plastic or glass panel into an interactive control surface. The solution allows users to find and operate functions by feel alone, giving drivers a safer alternative to traditional in-car touchscreens and offering appliance makers a sleeker, more hygienic replacement for physical buttons. BeyondTouch works with standard manufacturing methods, can add haptic or voice feedback, is highly recyclable, and operates reliably even in the presence of liquids, widening its applicability to marine cockpits, hobs and washing machines. The technology has already been trial-validated by Hyundai and Grupo Antolin, who are assessing vehicle integration. With its latest funding, Uniphy plans to design its own integrated chip to drive costs down and to miniaturise the technology for mobile devices, positioning the company for mass production. Although no public revenue or user metrics were disclosed, the company’s focus on cost-efficient, scalable manufacturing and growing automotive interest suggests a pathway to sizeable commercial adoption.

  • Sitehop

    Participated · Equity · Oct 2025

    Sitehop is a Sheffield-based cybersecurity startup that has created the SAFEseries, a hardware platform that performs line-speed, quantum-ready encryption while consuming just one-tenth of the energy of traditional software-based solutions. By embedding encryption directly into hardware, the company eliminates the latency bottlenecks that plague software approaches, making it attractive for data-intensive applications across telecoms, financial services and national infrastructure. Early traction includes a live deployment with a tier-one carrier operating in five countries and a proof-of-concept trial in BT’s Gemini test facility, where Sitehop became the first external company granted access. Founded by telecoms veteran Melissa Chambers and FPGA/cryptography expert Ben Harper, the team positions its technology as future-proof protection against quantum-era threats. The fresh capital will be used to accelerate international expansion while continuing to build UK-sovereign encryption capability. To date, the company has raised £13.5 million, with earlier backing from investors such as Amadeus Capital Partners, Manta Ray, Mercia Ventures and NPIF – Mercia Equity Finance.

  • Talion

    Participated · Equity · Oct 2025

    Talion Cyber Security is a managed security service provider (MSSP) headquartered in Leeds, UK. Originally founded in 2010 as part of BAE Systems, the business became an independent company through a management buy-out in 2020. It delivers a comprehensive portfolio that spans managed detection and response, hybrid security operations centre services, threat intelligence, penetration testing, compliance reporting and incident response. The team is made up of veteran cyber specialists with defence and enterprise backgrounds. With Keven Knight now serving as CEO and Matthew Briggs as Chair, the company is entering a new growth phase. The recently secured capital will enable Talion to widen access to its services for mid-market organisations and to scale its footprint across both the UK and US markets.

Team