Shawpak, a Derby-based manufacturer of specialist packaging machinery for the medical sector, has secured £500,000 in funding through the Midlands Engine Investment Fund II (MEIF II).
Founded in 2013, Shawpak develops compact thermoforming machines that produce components for radiotherapy masks, hospital beds, MRI machines, and other medical devices. Its rotary thermoforming technology reduces floor space, speeds up tool changes, and minimises material waste, supporting efficiency and operational continuity for global clients.
Shawpak became independent following the sale of Riverside Medical Packaging in January 2024. The company holds ISO 9001 certification, and its electrical engineers are accredited to design and manufacture electrical panels under UL 508A standards. Shawpak operates a worldwide spares and service network from its Derby base, supporting several major medical device manufacturers.
The MEIF II funding will enable the company to move to a larger, modern facility, expand production capacity, accommodate bigger machines, and scale service and spares operations. CEO David Shaw said: “This investment marks an exciting new chapter for Shawpak. With the support of Maven and the Midlands Engine Investment Fund II, we can expand into a facility that will allow us to increase capacity, deliver even greater innovation, and continue supporting our customers worldwide.”
The deal was introduced to Maven by Copper Swan advisers Ben Lavin and Mark Jones. MEIF II – Debt Finance East and South East Midlands provides business loans from £100,000 to £2 million and has previously backed companies across construction, DeepTech, logistics, and commercial services.
