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NPIF Maven Equity Finance

Europe, Glasgow City, United Kingdom, Glasgow

Description

NPIF Maven Equity Finance operates as a key component of the Northern Powerhouse Investment Fund (NPIF), a significant initiative designed to boost economic growth across the North of England. Managed by Maven Capital Partners, a well-established UK-based private equity and venture capital firm, this specific fund provides crucial equity finance to small and medium-sized enterprises (SMEs). Its primary objective is to address the funding gap often experienced by businesses in the region, offering a viable alternative to conventional bank lending and other traditional finance avenues. The fund's strategic focus is on fostering innovation and growth within the Northern economy.

The investment thesis of NPIF Maven Equity Finance centers on identifying and backing high-growth potential businesses across a diverse range of sectors. These include, but are not limited to, advanced manufacturing, digital technology, life sciences, and business services. The fund seeks companies that demonstrate strong management teams, scalable business models, and a clear path to market leadership or significant expansion. By providing patient capital, NPIF Maven Equity Finance aims to support companies through various stages of their development, from early-stage growth to more mature expansion phases, enabling them to invest in R&D, expand operations, and create jobs.

Typically, NPIF Maven Equity Finance provides initial equity investments ranging from £50,000 up to £2 million per company. This flexible approach allows them to support a wide spectrum of businesses, from nascent startups requiring initial seed capital to more established SMEs seeking significant growth funding. The fund actively seeks co-investment opportunities, often partnering with other investors to provide larger funding rounds where necessary, potentially extending their involvement in deals up to £5 million in total. As part of the broader NPIF initiative, Maven Capital Partners manages a dedicated £57.5 million equity fund specifically for businesses in the North of England, demonstrating a substantial commitment to regional development.

This strategic capital injection not only provides financial resources but also brings the extensive experience and network of Maven Capital Partners to portfolio companies. Beyond the direct investment, NPIF Maven Equity Finance offers strategic guidance and operational support, aiming to accelerate the growth trajectories of its investee companies. Its role is pivotal in strengthening the Northern business ecosystem, driving innovation, and contributing to the overall prosperity of the region by enabling businesses to achieve their full potential.

Investor Profile

NPIF Maven Equity Finance has backed more than 37 startups, with 4 new investments in the last 12 months alone. The firm has led 30 rounds, about 81% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United Kingdom.
  • Strong thematic focus on Software, Health Care, Information Technology.
  • Led 2 rounds in the past year.
  • Typical check size: $63.5K – $2.5M.

Stage Focus

  • Series Unknown (51%)
  • Seed (32%)
  • Series A (11%)
  • Equity Crowdfunding (3%)
  • Private Equity (3%)

Country Focus

  • United Kingdom (100%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Biotechnology
  • Medical
  • Financial Services
  • Information Services
  • Life Science
  • Fitness
  • Compliance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does NPIF Maven Equity Finance frequently co-invest with?

GM&C Life Sciences Fund
Europe, Cheshire, United Kingdom, Alderley Edge
Co-Investments: 2
FD
North America, North Carolina, United States, Durham
Co-Investments: 2
YFM Equity Partners
Europe, England, United Kingdom, London
Co-Investments: 1
NE
Europe, Newcastle upon Tyne, United Kingdom, Newcastle Upon Tyne
Co-Investments: 2
Maven Capital Partners
Europe, Glasgow City, United Kingdom, Glasgow
Co-Investments: 2
NP
Europe, Sheffield, United Kingdom, Sheffield
Co-Investments: 1
MT
Europe, Manchester, United Kingdom, Manchester
Co-Investments: 2
Co-Investments: 2
Northstar Ventures
Europe, Newcastle upon Tyne, United Kingdom, Newcastle Upon Tyne
Co-Investments: 2
Triple Point Ventures
Europe, England, United Kingdom, London
Co-Investments: 1

What are some of recent deals done by NPIF Maven Equity Finance?

Magnitude Biosciences

Durham, Durham, United Kingdom

Magnitude Biosciences is a biotechnology firm combine experience in ageing research, the nematode C. elegans and automation.

BiotechnologyFitnessHealth CarePharmaceutical
SeedMay 27, 2025
Amount Raised: $950,590
Lithium Salvage

Teesside County Borough, Middlesbrough, United Kingdom

Lithium Salvage is a startup that employs an environmentally acceptable method to salvage rare minerals from lithium-ion waste.

Wholesale
SeedFeb 3, 2025
Amount Raised: $2,114,033
Power Roll

Sunderland, Cumbria, United Kingdom

Power Roll is developing disruptive energy technologies.

Energy
Series UnknownOct 14, 2024
Amount Raised: $5,618,858
FinLegal

Sheffield, Sheffield, United Kingdom

FinLegal is a legal firm that provides litigation funding, class action, claim management, and arbitration services.

ConsultingFinancial ServicesLegal
Series UnknownJul 24, 2024
Amount Raised: $2,577,240
Traverse Associates

Preston Brook, Cheshire, United Kingdom

Traverse Associates is an IT consultancy specializing in Robotic Process Automation for the Travel industry.

Information ServicesInformation TechnologyRobotic Process Automation (RPA)Warehousing
Series UnknownJul 4, 2024
Amount Raised: $828,443
Traverse Associates

Preston Brook, Cheshire, United Kingdom

Traverse Associates is an IT consultancy specializing in Robotic Process Automation for the Travel industry.

Information ServicesInformation TechnologyRobotic Process Automation (RPA)Warehousing
Series UnknownSep 25, 2023
Amount Raised: $610,700
Alderley Lighthouse Labs

Macclesfield, Cheshire East, United Kingdom

Alderley Lighthouse Labs is helping to Build a Healthy Community.

Clinical TrialsHealth DiagnosticsMedical
SeedAug 14, 2023
Amount Raised: $1,312,957
iAM Compliant

Chester, Cheshire, United Kingdom

iAM Compliant offers cloud-based scalable safety management training tools and software for schools, businesses, and visitor attractions.

ComplianceInformation TechnologySoftware
Series UnknownJun 19, 2023
Amount Raised: $1,816,640
Nivo

Manchester, Manchester, United Kingdom

Nivo provides trusted and convenient customer service interactions.

Financial ServicesGovernmentMessaging
Series UnknownDec 22, 2022
Amount Raised: $1,203,810
Biorelate

Oldham, Oldham, United Kingdom

Biorelate provides biomedical research services.

Big DataBiotechnologyHealth CareLife ScienceMedical
Series ANov 29, 2022
Amount Raised: $7,764,921