LONDON (Alliance News) - Investment company Mercia Technologies PLC on Tuesday said it has opened a new office in Edinburgh and has secured partnerships with Abertay University and the University of Strathclyde.
Mercia said the new office in Edinburgh will reinforce its push to back new technology businesses in Scotland.
"We look forward to working with Scottish entrepreneurs to address this imbalance, with our focused investment activity and expertise, managed by industry-leading investment directors who have built highly successful businesses in each of the sectors we support," said Mercia Chief Executive Mark Payton.
Shares in Mercia were untraded on Tuesday, having last traded at 55.00 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Mercia Asset (MERC)