OrganisationGB
Mercia Ventures
UK venture capital firm; backed Risk Ledger's £24m Series B alongside Axiom Equity.
Last refreshed: 22 July 2026
Key Question
Why did this UK VC back a round with no state money attached?
Timeline for Mercia Ventures
#12 15 Jul
Participated in Risk Ledger's £24m Series B
UK Startups and Innovation: Risk Ledger raises £24m, no state moneyBackground
Mercia Ventures participated in Risk Ledger's £24m Series B, which closed on 15 July 2026 led by Axiom Equity with no sovereign or Bank vehicle on the cap table.
Mercia Ventures is a UK venture capital firm investing in early and growth-stage technology companies, part of the Mercia Asset Management group.
Its participation in a purely privately backed round is consistent with its focus on UK regional technology scale-ups, funding growth without reliance on state-linked capital vehicles.
Common Questions
What is Mercia Ventures?
Mercia Ventures is a UK venture capital firm investing in early and growth-stage technology companies, part of Mercia Asset Management.Source:
Who did Mercia Ventures back in July 2026?
Mercia Ventures participated in Risk Ledger's £24m Series B, led by Axiom Equity.Source:
When did Mercia Ventures participate in Risk Ledger's funding round?
The round closed on 15 July 2026.Source: