Northern Powerhouse Investment Fund II (NPIF II)

Track Record

8 Deals

Total Volume

£15,686,645

Deal Activity Timeline

2024

2025

2026

Top sectors: Cybersecurity ×2 Healthcare & Biotech ×1 Hardware ×1 DeepTech & AI ×1 Foodtech ×1

Recent Transactions

VC Funding

Jan 2026

QV Bioelectronics

£4,500,000

Lead: Bruntwood SciTech

Lead: Greater Manchester Combined Authority (GMCA)

Lead: GMC Life Sciences Fund

Lead: Empirical Ventures

Lead: NPIF II – PXN Equity Finance

Lead: National Institute for Health

Lead: Care Research

Lead: PXN Ventures

Lead: Enterprise Cheshire

Lead: Warrington

Lead: Innovate UK

Lead: PXN Ventures

View Deal

VC Funding

Sept 2025

Holdson

£1,485,800

Lead: Oval Investments

Lead: Hamilton Capital Partners

Lead: Sands Capital Ventures

View Deal

VC Funding

May 2025

Atomik AM

£600,845

View Deal

VC Funding

Nov 2024

CloudGuard

£0

View Deal

VC Funding

Oct 2024

MicroLub

£3,500,000

Lead: Northern Gritstone

Lead: Praetura Ventures

Lead: LIFTT

View Deal

VC Funding

Oct 2024

Ruuby

£2,000,000

Lead: Whitney Bromberg Hawkings

Lead: Francesco Trapani

Lead: Michelle Kennedy

View Deal

VC Funding

Sept 2024

Cytix

£1,600,000

Lead: Praetura Equity Finance

View Deal

VC Funding

Jul 2024

FinLegal

£2,000,000

View Deal