Case Studies

aXenic, a leading manufacturer of advanced optical modulators used in satellite communications, has secured a £500,000 investment to support its continued growth following global demand for its technology.

Manchester Startup Finds Sweet Spot in Global Insurance Market. Veridox, an AI-powered fraud detection platform, has secured £1,000,000 in funding led by Outward VC, an early stage venture capital fund backed by the Enterprise Capital Funds programme.

TES Group was originally founded in 1999 by Brian Taylor, who operated as Sole Trader, designing and building control panels from a shed in his backyard. Six months later, he was joined by Noel McCracken and TES was registered as a Private Limited Company.

Bare Beauty Academy, a beauty business based in Eastbourne, East Sussex, is embarking on an exciting new chapter with the support of Community ENABLE Funding.

Cosmetic surgery group Elanic used a funding package including debt finance from the Investment Fund for Scotland to support the development of its private healthcare facilities on Bath Street in Glasgow.

Western Marinas Limited, and its portfolio of subsidiaries, was incorporated on April 16, 2024, and Harwood Private Capital, as part of its UK SME fund in which the British Business Bank has invested, provided an £8.25m senior secured term loan (including a £2m co-investment) to support restoration of the marina and surrounding areas.

AssetCool, a Leeds-based company that helps to tackle grid congestion by increasing the capacity of overhead power lines, has raised £10m in a Series A funding round backed by leading global energy investors.

One of the North East’s most established plant hire businesses is set to build on decades of success after securing an investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).

A new health and wellness centre purpose-built for older adults in North Tyneside is set to open its doors thanks to a five- figure investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).

A Sheffield based company that has helped deliver some of the UK’s most high-profile bridge infrastructure projects has raised almost £1.4m in debt funding to support its further growth.

North West plumbers merchant and bathroom specialist Plumb Factory is expanding after receiving a six-figure funding boost from NPIF II – FW Capital Debt Finance, which is managed by FW Capital as part of the Northern Powerhouse Investment Fund II (NPIF II).

A six-figure investment is fuelling the next stage of growth for one of the North East’s most recognisable independent food brands.

Manchester-based event and interior design business Visual Architects received a six-figure loan to accelerate its growth and expand its global client base. The funding supports Visual Architects’ organic growth strategy and the addition of new technology and machinery to enhance its current offering.

A Lancashire communications tech business raised a seven-figure investment from the Northern Powerhouse Investment Fund II (NPIF II).

FareShare Midlands, a key player in tackling food waste and hunger across the region, used a £167,000 loan backed by the British Business Bank’s Growth Guarantee Scheme to stabilise operations and modernise its service delivery. With demand soaring and outdated systems under strain, the funding provided crucial breathing room and enabled investments in logistics, fundraising, and operational efficiency - helping the organisation better serve over 60,000 people.

Frontier Space, a trailblazer in commercial microgravity research and in-space bio-manufacturing, secured a £75,000 loan facility from Sprk Capital to improve cashflow while delivering on a high-profile UK Space Agency project. The funding, backed by the British Business Bank, allowed the business to maintain momentum on its ground-breaking autonomous laboratory platform, culminating in the successful launch of its SpaceLab Mark 1 demonstrator aboard SpaceX’s Bandwagon-3 mission.

Reacton Fire Suppression Ltd and Fireward Ltd, leaders in advanced fire suppression technology, secured a £3m funding package from Arbuthnot Commercial Asset Based Lending to accelerate their strategic growth.

With support from Triodos Bank, Ember secured a £490,000 loan through the government’s Recovery Loan Scheme, which has since been relaunched as the Growth Guarantee Scheme enabled the fleet to grow to 38 vehicles, supported by Ember’s proprietary tech platform, EmberOS.