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5th October 2018

Expandly secures £580k from Mercia's Midlands Engine Investment Fund

Expandly, a Milton Keynes-based company whose e-commerce software allows retailers to sell across multiple channels worldwide, has closed a £580,000 funding round led by Mercia Fund Managers.

The investment, which will create five new jobs, includes £250,000 from the MEIF Proof of Concept & Early Stage Fund which is managed by Mercia for the Midlands Engine Investment Fund, £250,000 from Mercia’s EIS Fund and the remainder from angel investors.

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