Mercia Technologies increases investment in audio firm with £1.9m injection

Mark Payton, CEO of Mercia Technologies
Specialist funder Mercia Technologies has announced a follow-up investment of almost £2m into a firm pioneering the development of new audio equipment. Mercia has invested £1.9m as part of a £3.1m syndicated round into University of Warwick spinout, Warwick Audio Technologies. The investment is alongside GuoGuang Electric Co and a number of sophisticated private investors. Mercia originally supported Warwick Audio through its third party managed funds, before it became a direct investment 'Emerging Star' in December 2014. In ... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...