# Northern Powerhouse Investment Fund: portfolio, investments and team

> Northern Powerhouse Investment Fund is a vc firm based in United Kingdom. 41 investments on record, 3 in the last 12 months, latest Sept 2026.

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

United Kingdom · [Investor](https://millionrounds.com/investors)

# Northern Powerhouse Investment Fund

Last cheque observed Sep 2026; 41 cheques on record.

Deploying now VC firm Now at british-business-bank.co.uk

Debt Venture Seed E-Commerce Internet Financial Services

Deploying now

**38%** of best year **3** **cheques in 12 months**, 41 on record

Since the last cheque **39** days **00** hrs **00** min **00** sec

Median round **$814K** Rounds led **0 of 41** Sole investor **18 rounds** Mostly in **United Kingdom, 96%**

Pitch Northern Powerhouse Investment Fund

## Northern Powerhouse Investment Fund highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Debt and Venture: 62% of its rounds
- 03 Sole investor in 18 rounds, median $414K

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** E-Commerce Internet Financial Services
- **Based in:** Workington, United Kingdom
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **41 appearances**

- **2026** 2 rounds
- **Sept** **[Ryft](https://millionrounds.com/company/ryft)** Series B · GB · Gresham House Ventures **$27M** With 7 others
- **Jul** **[BidScript](https://millionrounds.com/company/bidscript)** Pre-seed · GB **$799K** With 3 others
- **2025** 7 rounds
- **Nov** **[Ulemco](https://millionrounds.com/company/ulemco)** Debt · GB **$2.4M** With 3 others
- **Oct** **[Talion](https://millionrounds.com/company/talion)** Seed · GB · TechStartups **$2.7M** With 2 others
- **Oct** **[Sitehop](https://millionrounds.com/company/sitehop)** Series A · GB **$10M** With 3 others
- **Apr** **[FourJaw Manufacturing Analytics](https://millionrounds.com/company/fourjaw-manufacturing-analytics)** Seed · GB **$310K** With 2 others
- **Apr** **[Peach Hampers](https://millionrounds.com/company/peach-hampers)** Debt · GB **$353K** Sole investor
- **Feb** **[Crucial Engineering](https://millionrounds.com/company/crucial-engineering)** Debt · GB **$314K** Sole investor
- **Jan** **[CCI Photonics](https://millionrounds.com/company/cci-photonics)** Seed · GB **$561K** With 1 other
- **2024** 5 rounds
- **Dec** **[Aquaint](https://millionrounds.com/company/aquaint)** Pre-seed · GB **$255K** With 1 other
- **Oct** **[Pure Pet Food](https://millionrounds.com/company/pure-pet-food)** Venture · GB **$20M** With 2 others
- **Sept** **[MirrorWeb](https://millionrounds.com/company/mirrorweb)** Growth · GB **$63M** With 1 other
- **May** **[Ulemco](https://millionrounds.com/company/ulemco)** Venture · GB **$6.3M** With 3 others
- **Feb** **[Pimberly](https://millionrounds.com/company/pimberly)** Venture · GB **$5.1M** With 1 other
- **2023** 5 rounds
- **Dec** **[The Boot Repair Company](https://millionrounds.com/company/the-boot-repair-company)** Debt · GB **$377K** Sole investor
- **Nov** **[Nova Pangaea Technologies (NPT)](https://millionrounds.com/company/nova-pangaea-technologies-npt)** Series A · GB **$29M** With 3 others
- **Oct** **[ITS Technology](https://millionrounds.com/company/its-technology)** Debt · GB **$122M** With 1 other
- **Jan** **[Advanced Bacterial Sciences](https://millionrounds.com/company/advanced-bacterial-sciences)** Venture · GB **Undisclosed** With 1 other
- **Jan** **[Elements Technology](https://millionrounds.com/company/elements-technology)** Seed · GB **$200K** With 1 other
- **2022** 4 rounds
- **Nov** **[Biorelate](https://millionrounds.com/company/biorelate)** Series A · GB **$7.8M** With 3 others
- **Nov** **[Bottled Baking](https://millionrounds.com/company/bottled-baking)** Debt · GB **$296K** Sole investor
- **May** **[Cenergist](https://millionrounds.com/company/cenergist)** Debt · GB **$7.4M** With 1 other
- **Mar** **[Relative Insight](https://millionrounds.com/company/relative-insight)** Growth · GB **$6.5M** With 3 others
- **2021** 5 rounds
- **Dec** **[Konektio](https://millionrounds.com/company/konektio)** Venture · GB **$2.8M** With 2 others
- **Aug** **[Intelligent Servers](https://millionrounds.com/company/intelligent-servers)** Debt · GB **$823K** Sole investor
- **Jun** **[OVAGLAS](https://millionrounds.com/company/ovaglas)** Debt **$1.0M** Sole investor
- **May** **[Lunac Therapeutics](https://millionrounds.com/company/lunac-therapeutics)** Venture **$6.7M** With 1 other
- **Feb** **[MindTrace](https://millionrounds.com/company/mindtrace)** Seed · US **$3.0M** Sole investor
- **2019** 3 rounds
- **Apr** **[In-Part](https://millionrounds.com/company/in-part)** GB · FinSMEs **$1.2M** With 2 others
- **Feb** **[My Digital Accounts](https://millionrounds.com/company/my-digital-accounts)** Venture **$1.6M** Sole investor
- **Jan** **[Horizon Guides](https://millionrounds.com/company/horizon-guides)** Seed **$426K** Sole investor
- **2018** 8 rounds
- **Nov** **[24-7 Group](https://millionrounds.com/company/24-7-group)** Debt **$639K** Sole investor
- **Nov** **[Creation 360 Group](https://millionrounds.com/company/creation-360-group)** Seed **$321K** Sole investor
- **Oct** **[Wireless Social](https://millionrounds.com/company/wireless-social)** Debt **$649K** Sole investor
- **Oct** **[Apex Molecular](https://millionrounds.com/company/apex-molecular)** Debt **$318K** Sole investor
- **Jul** **[Tutto Bene World](https://millionrounds.com/company/tutto-bene-world)** Seed **$656K** Sole investor
- **Jun** **[Alderley Analytical](https://millionrounds.com/company/alderley-analytical)** Venture **$402K** Sole investor
- **Apr** **[Covol Engineering Limited](https://millionrounds.com/company/covol-engineering-limited)** Debt **$352K** Sole investor
- **Mar** **[Lancashire Waste Recycling](https://millionrounds.com/company/lancashire-waste-recycling)** Debt **$805K** Sole investor
- **2017** 2 rounds
- **Nov** **[VerdEnergy](https://millionrounds.com/company/verdenergy)** Debt **$264K** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Debt Venture Seed

Median round joined **$814K** the round, not its cheque Alone, median **$414K**

Led 0 of 41 rounds **0%**

- **Sole investor:** 18 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Debt *16*
- Venture *8*
- Seed *8*
- Series A *3*
- Pre-seed *2*
- Growth *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) 7
- [Maven Capital Partners](https://millionrounds.com/fund/maven-capital-partners) 5
- [Innovate UK](https://millionrounds.com/fund/innovate-uk) 4
- [Praetura Ventures](https://millionrounds.com/fund/praetura-ventures) 3
- [SFC Capital](https://millionrounds.com/fund/sfc-capital) 3
- [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) 2

**Pitching Northern Powerhouse Investment Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Northern Powerhouse Investment Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Mercia Asset Management** VC firm **7** rounds together](https://millionrounds.com/fund/mercia-ventures)[**Maven Capital Partners** Private equity **5** rounds together](https://millionrounds.com/fund/maven-capital-partners)[**Innovate UK** VC firm **4** rounds together](https://millionrounds.com/fund/innovate-uk)[**Praetura Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/praetura-ventures)[**SFC Capital** Angel network **3** rounds together](https://millionrounds.com/fund/sfc-capital)[**British Business Bank** Corporate VC **2** rounds together](https://millionrounds.com/fund/national-security-strategic-investment-fund)[**NPIF – Mercia Equity Finance** Investment firm **2** rounds together](https://millionrounds.com/fund/npif-mercia-equity-finance)[**Scottish Enterprise** Government **2** rounds together](https://millionrounds.com/fund/scottish-enterprise)[**YFM Equity Partners** Private equity **2** rounds together](https://millionrounds.com/fund/yfm-equity-partners)

## Recently backed

The latest companies Northern Powerhouse Investment Fund put money into.

[**Ulemco** $2.4M · Nov 2025](https://millionrounds.com/company/ulemco)[**Sitehop** $10M · Oct 2025](https://millionrounds.com/company/sitehop)[**FourJaw Manufacturing Analytics** $310K · Apr 2025](https://millionrounds.com/company/fourjaw-manufacturing-analytics)[**Peach Hampers** $353K · Apr 2025](https://millionrounds.com/company/peach-hampers)[**Crucial Engineering** $314K · Feb 2025](https://millionrounds.com/company/crucial-engineering)[**CCI Photonics** $561K · Jan 2025](https://millionrounds.com/company/cci-photonics)

## Quick answers about Northern Powerhouse Investment Fund

### What does Northern Powerhouse Investment Fund invest in?

Northern Powerhouse Investment Fund invests most often at Debt and Venture (62% of the rounds on record), in sectors such as E-Commerce, Internet and Financial Services.

### How active is Northern Powerhouse Investment Fund?

41 investments on record, 3 of them in the last 12 months. The most recent was in Sept 2026.

### What has Northern Powerhouse Investment Fund invested in recently?

Its most recent investments on record: Ryft (Series B, Sept 2026), BidScript (Pre-seed, Jul 2026) and Ulemco (Debt, Nov 2025).

### How big are Northern Powerhouse Investment Fund's cheques?

The median round it joins is $814K.

### Does Northern Powerhouse Investment Fund lead rounds?

Rarely, if at all: none of its 41 investments on record names it as the lead.

### Where does Northern Powerhouse Investment Fund invest?

Most of the companies it backs are in the United Kingdom (96%).

### Is Northern Powerhouse Investment Fund investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does Northern Powerhouse Investment Fund invest alongside?

Most often Mercia Asset Management (7 rounds together), Maven Capital Partners (5 rounds together) and Innovate UK (4 rounds together).

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