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Our latest news
On this page you can read about the latest news and insights, including transaction announcements from the Northern Powerhouse Investment Fund II.

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Northern Powerhouse Investment Fund II in the news
Lancashire mass safety communications company raises seven-figure NPIF II investment
10 July 2025
A Lancashire communications tech business has raised a seven-figure investment from the Northern Powerhouse Investment Fund II, as it further expands in the UK, US and Europe.
Learn more about Lancashire mass safety communications company raises seven-figure NPIF II investmentNEL Fund Managers backs female-led gourmet deli Awesome Franks with NPIF II investment
23 June 2025
NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II has announced a five-figure investment into Awesome Franks, a gourmet sandwich and deli concept set to open in Jesmond next month.
Learn more about NEL Fund Managers backs female-led gourmet deli Awesome Franks with NPIF II investmentEntrepreneurs launch new venture to reshape hospitality recruitment
18 June 2025
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.
Learn more about Entrepreneurs launch new venture to reshape hospitality recruitmentNorthern Powerhouse Investment Fund II Success Stories
Synergy Health
Synergy Health received a five-figure investment from NPIF II – River Capital & GC Business Finance Smaller Loans, which is managed by the consortium as part of the Northern Powerhouse Investment Fund II.

Moxie Financial
Simplify Business Services Limited, trading as Moxie Financials received £50,000 from NPIF II – River Capital & GC Business Finance Smaller Loans, which is managed by the consortium as part of the Northern Powerhouse Investment Fund II.

Salesfire
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).
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