About North East BIC
North East BIC is a company based in Sunderland (United Kingdom) founded in 1994. Manufacturer of marinated duck and other preserved meats. North East BIC has raised $1.18 million across 3 funding rounds from investors including European Union and North East Fund. North East BIC offers products and services including Flexible Workspace and Business Advisory Services. Its legal entity is North East Business and Innovation Centre (BIC).
Company details
North East BIC was founded in 1994 in Sunderland, United Kingdom, operating in the food manufacturing sector focused on preserved meats. A unique steaming and braising method is employed to maintain flavor and nutrients in products such as duck necks, tongues, wings, and gift sets. Innovations including double-layer steam cookers and a nationwide cold chain distribution system have been introduced. Traditional techniques are combined with modern methods in production.
- Headquarters Sunderland, United Kingdom
- Email••••••••
- Phone•••• ••••
- Website ne-bic.co.uk
- Social LinkedIn X Facebook YouTube
- Legal Name North East Business And Innovation Centre (Bic)
- Total Equity Funding$1.18M (USD)
in 3 rounds
- Latest Funding Round$1.18M (USD), Private Equity Round
Oct 2018
- InvestorsEuropean Union
& 1 more
Products & Services of North East BIC
North East BIC offers a comprehensive portfolio of products and services, including Flexible Workspace and Business Advisory Services.
Workspaces including offices and coworking spaces are provided to facilitate business operations and collaboration.
Advice on business start-up, growth, and innovation is offered through expert support and programs.
Apps and channels of North East BIC
its YouTube channel North East BIC has 50 subscribers and 30 videos.
Videos from North East BIC
The most watched videos on North East BIC's YouTube channel, North East BIC (50 subscribers). Click a video to play it here.
More on North East BIC.
Funding Insights of North East BIC
North East BIC has successfully raised a total of $1.18M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $1.18 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.18M
- Total Rounds 3
- Last Round Private Equity Round — $1.18M
- First Round $83,958
(Feb 2016)
- Investors Count 2
All 3 funding rounds of North East BIC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $1.18M | Private Equity Round | – | North East Fund | – |
| Feb 2018 | $89,035 | Grant | – | – | |
| Feb 2016 | $83,958 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in North East BIC
North East BIC has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and North East Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment finance is provided to small and medium-sized enterprises. | northeastfund.org | Newcastle upon Tyne, United Kingdom | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for North East BIC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of North East BIC
3 dated milestones of North East BIC across 24 years, from founding to its latest funding, stage changes and deals.
- Founded North East BIC is founded.
- Funding First funding round of $84K.
- Funding Latest funding round, Private Equity Round, of $1.2M.
Web traffic of North East BIC
The website of North East BIC (ne-bic.co.uk) receives about 6.2K visits a month.
- Monthly visits6.2K
Websites whose visitors overlap most with North East BIC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bic-innovation.com | 100% | 1.3K | #14,057,220 | View details | |
| nbsl.org.uk | 95% | #9,503,674 | View details | ||
syob.net | syob.net | 93% | #3,302,758 | – | |
bic.org.uk | bic.org.uk | 57% | #4,892,398 | – | |
boxpodcommercialproperty.co.uk | boxpodcommercialproperty.co.uk | 56% | #310,242 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for North East BIC
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- 6 similar websites
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Frequently Asked Questions about North East BIC
North East BIC was founded in 1994 and raised its 1st funding round 22 years after it was founded.
North East BIC is headquartered in Sunderland, United Kingdom. It is registered at Sunderland, England, United Kingdom.
North East BIC is a funded company, having raised a total of $1.18M across 3 funding rounds to date. The company's 1st funding round was a Grant of $83.96K, raised on Feb 2016.
North East BIC was founded in 1994 in Sunderland, United Kingdom, operating in the food manufacturing sector focused on preserved meats. A unique steaming and braising method is employed to maintain flavor and nutrients in products such as duck necks, tongues, wings, and gift sets. Innovations including double-layer steam cookers and a nationwide cold chain distribution system have been introduced. Traditional techniques are combined with modern methods in production.
North East BIC offers Flexible Workspace and Business Advisory Services.
North East BIC has 2 investors. Key investors include European Union, and North East Fund.
North East BIC operates through North East Business And Innovation Centre (Bic).