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6th June 2019

Groovy UK receives £250,000 from MEIF Maven Debt Finance

Groovy UK Limited, a wholesale and giftware business, has received a £250,000 loan facility from the Midlands Engine Investment Fund (MEIF), managed by Maven Capital Partners.

The business is a developer, wholesaler and distributer of giftware products and will use the funding to accelerate the company’s growth plans and invest in its product portfolio and licensing agreements. 

Groovy sources and designs hard-to-get giftware products and supply them to major high street and online retailers. With experience in both designing and manufacturing a mix of original products, Groovy’s clients include the likes of Argos and Harrods. 

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