Case Studies

Durham-based menswear brand, Charles Grey Menswear Limited, secured a five-figure investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II), to accelerate its fast-paced growth across the UK retail landscape.

The entrepreneurs behind two of the UK’s most successful hospitality tech businesses have joined forces to launch a new venture that aims to reshape hospitality recruitment.

A UK start-up that aims to win the race to develop the world’s first ‘memory safe’ computer chip has raised £2.5m in a funding round led by Mercia Ventures.

A UK company whose simulation software enables medical staff to train to use laboratory equipment and troubleshoot problems has raised a further £1m.

A female founded advanced manufacturing business raised £600k of investment from the Northern Powerhouse Investment Fund II to scale-up the solutions it provides to manufacturers across the world.

A Queen’s Award-winning company that supplies bearings worldwide raised £500,000

from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the

Northern Powerhouse Investment Fund II (NPIF II)

Cheshire-based Frank Olsen Furniture, a designer and manufacturer of smart technology-integrated furniture, secured £80k from NPIF II – GC Business Finance & River Capital Smaller Loans, which is managed by the consortium as part of the Northern Powerhouse Investment Fund II (NPIF II).

One of Sheffield’s leading scaffolding companies has secured funding for further growth following its acquisition of a business in Barnsley.

Salesfire – a Middlesbrough company whose platform helps e-commerce stores to increase sales - has raised a further £2.75m from NPIF II – Mercia Equity Finance, which is managed by Mercia Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II).

A North Yorkshire-based veterinary practice has secured £90,000 from NPIF II – BEF, which is managed by Business Enterprise Fund (BEF) as part of the Northern Powerhouse Investment Fund II (NPIF II). The funding also came from BEF’s Community Investment Enterprise Fund 2 (CIEF2) backed by Lloyds Bank and Better Society Capital.

The North West’s leading provider of specialised therapeutic services for children has received a significant six figure investment to increase its number of homes in the North West to eleven as part of a three year strategic growth plan.

MircoLub, a University of Leeds spinout, has raised £3.5m of seed funding in a round combining capital from NPIF II – Praetura Equity Finance

A Humberside-based locksmith has secured £60,000 from NPIF II – BEF Smaller Loans, which is managed by Business Enterprise Fund (BEF) as part of the Northern Powerhouse Investment Fund II (NPIF II)

North West-based electromechanical specialist Central Group secured a £700K investment package which is supporting significant growth, job creation and advances in new technology to support its digital transformation strategy.

An on-demand beauty marketplace, which allows customers to order a host of beauty services to their desired location, has raised £2m to accelerate its growth in the North West by doubling down on its existing operations in Manchester and Liverpool.

Based in Murton, Power Roll, a pioneer in the solar energy transition, has raised £4.3 million in its most recent funding round, including £1.5 million from NPIF II – Maven Equity Finance, which is managed by Maven Capital Partners as part of the Northern Powerhouse Investment Fund II.

A fast-growing Leeds cybersecurity company secured a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia as part of the Northern Powerhouse Investment Fund II (NPIF II).

Hull-based Wild Intervention, a business that delivers all-encompassing support to young people aged 16 and over, has secured a loan from the Northern Powerhouse Investment Fund II (NPIF II).