Summary
Newcastle-based tech startup Rightbrain AI has successfully raised £3 million in Seed investment. The round was led by NPIF II – PXN Equity Finance, managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II.
Summary of transaction details:
- Value: £3,000,000 (Seed)
- Sector: DeepTech & AI / Enterprise AI / B2B SaaS
- Advisor: Not disclosed
- Key Entities: Target: Rightbrain AI; Lead Investor: NPIF II – PXN Equity Finance; Participating Investors: Salica, NYDIG, and four angel investors; Key Founders: Peter Cheyne, Matt Wells
- Location: Newcastle, UK
Note: Founded in June 2023 by Peter Cheyne (previously co-founder of Partnerize and Bottlepay) and Matt Wells (who drove GitHub Copilot’s internal rollout post-Microsoft acquisition), Rightbrain AI helps SMEs and mid-market B2B services safely deploy AI without undergoing costly digital overhauls. The platform acts as a secure software bridge, allowing marketing agencies, recruitment firms, and professional services to embed leading AI models (from OpenAI, Anthropic, and Google) directly into their existing CRMs and legacy systems. Through its "agents-as-a-service" model and a white-label partner network for digital consultancies, Rightbrain provides a compliant, fast path to automation. This £3 million injection will fund strategic hires and scale its UK and international partner programmes.
Lead Investor / Acquirer
NPIF II – PXN Equity Finance
Advising Broker
Undisclosed Firm
More from NPIF II – PXN Equity Finance
Original Source
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