StockMarketWire.com - Mercia Technologies has made a direct investment in Aston EyeTech, a spin-out from Aston University, Birmingham, which has developed proprietary hardware and software products in ocular care.

Mercia's investment of £1.8m gave it a direct equity stake of 19.4% and is part of a £5.0m funding round, alongside an Asian-based investment syndicate.

The funding will be used to accelerate product development and launch Aston EyeTech's latest product range, Mercia said.


At 9:51am: [LON:MERC] Mercia Technologies Plc share price was +0.75p at 34.75p



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