Maven Capital Partners has led a £750,000 equity investment into innovative ecommerce platform, Aero Commerce Ltd.

A total of £550,000 was provided via the North East Development Fund, supported by the European Regional Development Fund and managed by Maven, £200,000 was provided by existing shareholders in this round taking the total investment to date to over £1m. The funding will enable Aero to invest in its sales and marketing activities and open an office in Newcastle. This will also allow the business to create a number of new roles and deliver on its ambitious expansion plans, while continuing to roll out several exciting product enhancements.