Midven

What is Midven?

Midven is a venture capital firm based in the UK, focusing on empowering and elevating entrepreneurs in the West Midlands region. They specialize in early-stage and SME (Small and Medium-sized Enterprises) investments, with a hands-on approach that goes beyond financial support. They connect founders with a network of business contacts, provide mentoring, and offer resources to maximize business potential.

Midven manages a range of funds, which collectively represent over £110 million. These funds include the Midlands Engine Investment Fund (MEIF), providing up to £2 million in capital to high-growth potential businesses across the West Midlands, and the West Midlands Co-Investment Fund (WMCO), supporting innovative businesses with equity of up to £1 million.

Midven also looks after Legacy Funds that have historically supported growth in the Midlands. They seek propositions with a well-developed vision, a talented management team, and see risk as an opportunity, focusing on the positive aspects and potential where others may see challenges.

While sector agnostic, they have proven expertise in scaling up technology and SaaS companies. They work with businesses that are based in the West Midlands, revenue-generating, fast-growing, and requiring up to £1 million in initial funding.

To begin the funding journey with Midven, entrepreneurs need to present a solid pitch deck that clearly demonstrates their business potential. Midven is keen on investing in businesses that can help supercharge the regional economy and is actively looking for innovative entrepreneurs to support.