Investor Mercia Technologies has committed £1.5 million in backing for an aluminium company born out research at the University of Birmingham.
The capital is part of a £4 million funding round for Impression Technologies, an aluminium forming company based on intellectual property developed at the Edgbaston institute and Imperial College London.
The company specialises in developing technology for forming complex, high-strength, lightweight components for the transportation industry and its technology allows a wide range of aluminium alloys, including ultra-high strength grades, to be formed in a fast pressing operation without compromising the strength or metallurgical properties of the material.
Henley-based Mercia's capital joins investment from Imperial Innovations and will enable the establishment of an innovative press facility.
This additional capital follows a long-standing investment by the Mercia's third party funds managed by its wholly owned subsidiary Mercia Fund Management.
Following this, Mercia will have an 18 per cent direct holding in Impression Technologies, and the group will control 26 per cent of the business when its stake via its third party funds are included.
Mark Payton, chief executive of Mercia Technologies, said: "We are proud to continue to support this innovative company, which is located in the Midlands, the heart of the UK manufacturing space for the automotive and aerospace sectors, and based in part on technology from one of our partners, the University of Birmingham.
"The addition of a high speed press facility is crucial in enabling the company to both demonstrate its patented 'Hot Form Quench' technology and service the high level of commercial interest which has already been expressed by key players in the motor and aerospace industries.
"Impression Technologies provides a demonstration of our regional emphasis and our focus on UK technology sectors that offer investment prospects with high growth potential, including advanced materials, engineering and specialised manufacturing."