Member Article

Liquid Bronze secure North West Fund investment

Software developer Liquid Bronze Ltd has raised an equity investment from The North West Fund (TNWF) for Digital and Creative.

The Manchester-based company, which works with domiciliary care software, also secured investment from an angel syndicate alongside the unnamed sum from TNWF.

Liquid Bronze’s flagship product is the Malinko SaaS platform, and they have developed a SaaS management suite that lets domiciliary care agencies to coordinate care staff, manage their operations and improve their compliance with the Care Quality Commission.

Founder, Andrew Threlfall, said: “We are delighted to secure this investment, which will enable us to rapidly expand our user base in the domiciliary care market and to take advantage of the continuing rapid growth in this sector.

“We will immediately be putting these funds to work in recruiting new developers to deliver additional functionality on the Malinko platform”.

Investment director at AXM Venture Capital, David Smith, added: “We are delighted to support Liquid Bronze with this subscription from the North West Fund 4 Digital & Creative.

“The Malinko product delivers excellent functionality and the financing will help the Company achieve a market-leading position from its head office in the North West.”

Brian Gray, who is director of Gould Hall Computer Services and a member of the angel syndicate, will join Liquid Bronze’s board as non-executive chairman.

Anish Kapoor, co-founder of Telecity and founder of Yuuguu, will also join the board as non-executive director.

TNWF for Digital and Creative is financed by the European Regional Development Fund and the European Investment Bank.

This was posted in Bdaily's Members' News section by Miranda Dobson .