# Northern Gritstone funding: rounds and investors

> Northern Gritstone has raised $13M across 1 round since 2026. Investors include British Business Bank. Every round with its source.

Source: https://millionrounds.com/company/northern-gritstone (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Northern Gritstone*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$13M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $13M Mar 2026
- **Investors:** 1

See who backed them

## The rounds

- **Mar 2026** Debt **$13M** [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) Source recorded

## Founders and team

From Northern Gritstone's own website: 18 on the team.

- **Duncan Johnson** Chief Executive Officer
- **James Hadley** Chief Financial Officer
- **Simon Braham** Chief Investment Officer
- **Joanne Hosker** Head Of Ng Innovation Services
- **Alex Macpherson** Independent Non-Executive Director
- **Alison Maughan** Investment Manager
- **Andrew Graham** Independent Non-Executive Director
- **Cassie Doherty** Investment Director
- **Claire Blackburn** Company Secretary And Compliance Officer
- **Gareth Llewellyn** Investment Director
- **James Bellis** Portfolio Director
- **James Gibbons** Investment Director
- **Jane Madeley** University Appointed Non-Executive Director
- **John Holden** University Appointed Non-Executive Director
- **Khadija Ashfaq** Investment Director
- **Paddy Dowdall** Non Executive Director
- **Sue Hartley** University Appointed Non-Executive Director
- **Tom Kaye** Investment Manager

Advisers *Juliet Livadiotis*

## Everyone who backed them

[British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=northern-gritstone).

## Quick answers about Northern Gritstone

### Who invested in Northern Gritstone?

Northern Gritstone's investors include British Business Bank.

### How much has Northern Gritstone raised?

Northern Gritstone has raised $13M across 1 round since 2026.

### When did Northern Gritstone last raise?

Northern Gritstone's most recent round was a Debt of $13M in Mar 2026.

### What was Northern Gritstone's biggest round?

Its most recent round, $13M in Mar 2026, is also its largest on record.

### Who backed Northern Gritstone first?

Northern Gritstone's first round on record, in Mar 2026, was backed by British Business Bank.

### What stage is Northern Gritstone at?

Northern Gritstone's latest named round is a Debt, in Mar 2026.

### Where is Northern Gritstone based?

Northern Gritstone is based in the United Kingdom.

## Companies like Northern Gritstone

In the same sector, and raised in the last eighteen months.

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)[**Oxane Partners** $32M · Sept 2026](https://millionrounds.com/company/oxane-partners)[**Fintuity** $5.4M · Sept 2026](https://millionrounds.com/company/fintuity)

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