Humley secures £700k Seed Follow On investment from Mercia – UK Tech Investment News

General News

Summary

A company which develops conversational assistants capable of manning helpdesks and answering technical enquiries has raised £700,000 to help scale up its operations. Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia has a strong UK regional footprint through its eight offices, 19 university partnerships and extensive personal networks, providing it with access to high-quality deal flow. The Group raises its own Venture Capital Trusts (VCTs) and Enterprise Investment Scheme (EIS) Funds and details about open offers can be found through Mercia’s website. Mercia Asset Management PLC is quoted on AIM with the epic “MERC” and includes the following wholly owned subsidiaries – • Mercia Fund Management Limited is authorised and regulated by the FCA under firm reference number 524856 • Enterprise Ventures Limited is authorised and regulated by the FCA under firm reference number 183363 • EV Business Loans Limited is authorised and regulated by the FCA under firm reference number 443560 The Midlands Engine Investment Fund will invest in Debt Finance, Small Business Loans, Proof of Concept and Equity Finance funds, ranging from £25,000 to £2m, specifically to help small and medium sized businesses secure the funding they need for growth and development.

Classifications

industries
Fintech & Banking
applications
Web and Content Management

AskAI Classifications

Labels
Conversational AI SaaS Artificial Intelligence

Linked Companies

Humley
$1M to $5M