West Midlands Co-Investment Fund
1 Scott Place, 2 Hardman Street, Manchester, M3 3AA, United Kingdom
Overview
MEIF is an investment firm that operates equity and debt investment towards growth capital. The firm aims to transform the finance landscape for smaller businesses in the Midlands and to realize the region’s potential to achieve economic growth through enterprise. It is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and East and South East Midlands. MEIF provides over £250m of investment to boost small and medium business (SME) growth in the Midlands.
- Total investments
- 4
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 1
Sector focus
- Finance
- Financial Services
Investment portfolio
- Nourished
Participated · Equity · Oct 2025
Founded in 2019 and based in Birmingham, Rem3dy Health is the parent company of the personalised nutrition brand Nourished, combining AI-driven personalised nutrition with advanced manufacturing techniques. The company integrates data science, 3D printing and automation to produce tailored health solutions at scale. Its positioning is more consumer-wellness oriented within the broader health technology landscape. Rem3dy has stated plans to expand into key international markets including the US, MENA region and India, and to enter personalised health solutions for pets. The recent €16 million strategic fundraising is intended to support that global scaling and market entry. The company has attracted strategic investors from both consumer and healthcare sectors, reflecting a move to partner with established global players.
- 4T2 Sensors
Led · Seed · Jan 2025
4T2 Sensors develops sensor technology that analyses fluids in real-time using electrical signals to detect concentration, contamination, and mixture components. The sensor enables real-time control and optimisation of Clean-in-Place (CIP) processes for food and beverage manufacturers, with users experiencing on average a 20% reduction in CIP time. The company says this capability can increase efficiency and reduce water and chemical waste, helping F&B firms meet ESG requirements. Founded in 2018 in Birmingham by Max Swinbourne and Dr. Alexander Smith, 4T2 is focused on commercialising its fluid-analysis sensor for industrial applications. The recent £796K seed investment will fund market expansion, product development and regulatory steps such as obtaining ATEX certification for hazardous environments. Planned hires include product managers, application engineers, and hardware engineers to accelerate product development and market reach.
- You. Smart. Thing.
Participated · Equity · May 2024
You. Smart. Thing is a Birmingham, UK-based provider of a travel demand management and visitor travel planning platform for destinations, venues, and events. Its core product is an online travel assistant interface and platform that enhances visitor experience, increases revenues, and reduces the carbon footprint created by visitor travel. The platform can be tailored to optimize data capture, people flow, dwell time and revenue generation, and enables content-enhanced wayfinding and curated low-carbon door-to-door travel plans that nudge visitors towards 'net zero' travel. The company intends to use the £1.2M in funding to enhance its proprietary “eco-algorithm” to help local authorities reduce region-wide carbon emissions in line with socio-economic objectives. Founded in 2015 by CEO Chris Thompson, You. Smart. Thing targets destinations, venues and events seeking demand management and sustainable mobility solutions. The company emphasizes both revenue generation for clients and regional emissions reductions through its technology.
- Nylahs Naturals
Participated · Equity · Nov 2023
Nylah's Naturals makes vegan, non-toxic haircare formulated for people with textured and afro hair; the founder began researching ingredients in 2013 and officially launched the business in 2018. The brand was inspired by founder Kameese Davis's daughter, Nylah, who has eczema and sensitivities to many commercial hair products. Products use naturally occurring, non-toxic ingredients and target a market underserved by mainstream haircare. The company has attracted attention from national media and previously appeared on Dragons' Den, where Dragon Sara Davies pledged £50,000 in 2021 although that deal later did not go ahead. Current plans include launching a UK subscription offer and pursuing international expansion, with a state-by-state approach to the US. Recent hires include executive chairman Bob Holt (formerly CEO of Revolution Beauty) and clinical adviser Sharon Wong, a dermatologist and hair-loss specialist, to support product and commercial growth.
Team
Rupert Lyle
LinkedIn