# MEIF Proof-of-Concept & Early Stage Fund

> MEIF Proof-of-Concept & Early Stage Fund is a VC fund backing Software and Biotechnology. See 42 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 42
- Last investment: Jul 2024
- Lead investor: 52%
- Last updated: Aug 2026
- Website: https://www.merciatech.co.uk/our-business/funds-we-manage/actively-investing/meif-POC/

MEIF Proof-of-Concept & Early Stage Fund is a VC fund focused on Software and Biotechnology. MEIF Proof-of-Concept & Early Stage Fund

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $327k–$2.9M |
| Venture - Series Unknown | $2.1M–$5.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 8 | 19% |
| Biotechnology | 6 | 14% |
| Computer | 5 | 12% |
| Human Resources | 5 | 12% |
| SaaS | 3 | 7% |

45 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 20 | 48% |
| Venture - Series Unknown | 7 | 17% |
| Funding Round | 6 | 14% |
| Series A | 3 | 7% |
| Series B | 1 | 2% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 25 | 60% |
| United States | 1 | 2% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| CorrosionRADAR | CorrosionRADAR is on a mission to support the Industry 4.0 by enabling predictive corrosion management. By using cutting edge technologies from its patent pending distributed sensing technology to Industrial Internet of Things (IIOT) and advanced analytics, the CorrosionRADAR team is creating a game-changing solution for tackling corrosionmanagement. | $6.4M | Series B | Jul 30, 2024 |  |
| Zedify | Zero emission first and last mile deliveries in cities. | $5.1M | Venture - Series Unknown | Jul 02, 2024 |  |
| Graide | Graide is a feedback platform that provides insight to learn and avoid feedback. | $2.1M | Venture - Series Unknown | Feb 27, 2024 |  |
| Tagomics | Tagomics transform disease diagnosis through comprehensive multitopic profiling. | $8.5M | Seed | Feb 21, 2024 |  |
| IsomAb | IsomAb evaluate and develop isoform specific antibodies to treat disease. | $9.5M | Seed | Feb 20, 2024 |  |
| Huler | Huler is a place to connect, interact, and focus on the important stuff. Take control of the appearance, feel, and interactions your people experience while using your systems - on any device, anywhere, any time. HulerHub allows your company to utilise contemporary IT resources and enable a remote workforce. | $1.9M | Seed | Jan 22, 2024 |  |
| ImmuONE | ImmuONE provides solutions for inhalation toxicology, irritation sensitization, alveolar clearance, and inflammation. If you want would contact them please contact them via phone call or email. |  |  | Oct 25, 2023 |  |
| ImmuONE | ImmuONE provides solutions for inhalation toxicology, irritation sensitization, alveolar clearance, and inflammation. If you want would contact them please contact them via phone call or email. | $2.4M | Seed | Oct 25, 2023 |  |
| StudentCrowd | StudentCrowd is an online platform that enables students to share reviews on accommodation and courses. It also allows users to share their experiences, and write reviews and suggestions, and universities can engage with students, raise brand awareness, and manage reputation. |  | Seed | Sep 25, 2023 |  |
| Iventis | Iventis enable organisers and stakeholders of events and venues to work more collaboratively and efficiently. | $1.9M | Seed | Jul 27, 2023 |  |

10 of 42 investments shown.

## Co-investors
- [Mercia’s EIS funds](https://shizune.co/investors/profile/mercia-s-eis-funds) — VC Fund, 6 deals together
- [Mercia Ventures](https://shizune.co/investors/profile/mercia-ventures) — VC Fund, 4 deals together
- [Midlands Engine Investment Fund](https://shizune.co/investors/profile/midlands-engine-investment-fund) — VC Fund, 4 deals together
- [Blackfinch Ventures](https://shizune.co/investors/profile/blackfinch-ventures) — VC Fund, 3 deals together
- [Green Angel Ventures](https://shizune.co/investors/profile/green-angel-syndicate) — VC Fund, 3 deals together
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund, 3 deals together

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### Similar stage
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### Similar country
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
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## FAQ

### What does MEIF Proof-of-Concept & Early Stage Fund invest in?

MEIF Proof-of-Concept & Early Stage Fund invests primarily in Software, Biotechnology and Computer startups, most often at Seed and Venture - Series Unknown stage. Most of the 42 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is MEIF Proof-of-Concept & Early Stage Fund's check size?

MEIF Proof-of-Concept & Early Stage Fund typically joins rounds of $327k–$2.9M at Seed and $2.1M–$5.1M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds MEIF Proof-of-Concept & Early Stage Fund participates in.

### When did MEIF Proof-of-Concept & Early Stage Fund last invest?

The most recent investment recorded for MEIF Proof-of-Concept & Early Stage Fund closed in Jul 2024. Shizune tracks 42 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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