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A County Durham cabinet manufacturer has marked its 20th anniversary by substantially increasing its manufacturing capacity with the help of a five-figure investment from the North East Small Loan Fund, managed by NEL Fund Managers.
Mammoth has built a reputation as an innovator in the mattress and seating market over the last decade by introducing new technologies such as Medical Grade™ foam and forging unique partnerships with the likes of the Chartered Society of Physiotherapy, Premier League football teams and leading universities.
After working with regional fund management firm NEL Fund Managers to bring in the investment from the North East Growth Capital Fund Supported by the European Regional Development Fund, the Newcastle-headquartered business is now preparing to fully launch its own purpose-built data platform accelerator, Seriös One.
Sunderland based energy business, Troo, secured loan funding for expansion from the North East Growth Capital Fund managed by NEL Fund Managers
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