£400K investment for EV backed fertility firm

MERCIA Technologies, the listed funder which acquired Enterprise Ventures in March, has agreed its first investment sourced from the portfolio of investments managed by Enterprise Ventures.

It has invested an initial £400,000, via a convertible loan note, in Concepta Diagnostics, which develops diagnostic devices for women's health.

Manchester-headquartered Enterprise Ventures has previously invested in the business with seed and early stage finance from its third party managed funds.

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