Mercia Asset Management has been named as one of the top seven European venture capital investors in terms of the number of domestic deals it has funded in recent years.
In the period from 2018 to the end of the first quarter of this year, Mercia made 251 venture capital investments and completed 41 exits, according to new research from financial data firm PitchBook.
Mercia, which is based in Henley-in-Arden, was ranked seventh on the list. It was one of only three UK investors to feature in the European top ten – the others being Norwich-based SFC Capital and London-based Seedcamp – but it was the only UK investor able to provide a wide range of funding so far. to Series A and beyond.
Figures cover venture capital investments in domestic deals. According to PitchBook, foreign venture capital firms have been “very active” in Europe, but as the recession hit their activity slowed, leaving a bigger void for domestic investors to fill.
Julian Viggars, Chief Investment Officer at Mercia, says: “Mercia is exclusively focused on the UK, particularly regions outside of London. Our success is not only due to the quality of our portfolio, but also to the ongoing support we provide.
“Through our ‘Complete Connected Capital’ model, we offer different pools of funding to take a business from inception to growth and profitability, as well as practical support such as leadership training and access to a talent pool of non-executive directors.
“As our businesses grow, they create jobs in their communities. Mercia’s experience proves that regions across the UK can create world-class businesses, while boosting local economies and delivering strong returns to investors.