Case Studies

Middlesbrough-based The Qualis Collection Ltd secured a six-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).

Business energy consultants Troo, based in Sunderland, secured a seven-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). The funding will enable the next phase of growth through cutting-edge technology and talent development.

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.

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

Magnitude Biosciences, a specialist contract research organisation (CRO) in County Durham offering in vivo discovery of treatments for age-related conditions and other diseases using C. elegans, secured over £706,000 in combined funding to scale up its high-throughput screening (HTS) platform

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.

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).

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.

LBM Group Ltd, a growing electrical contracting firm based in Blyth, secured a five-figure loan from NPIF II – NEL Smaller Loans. The funding will enable the firm to expand its team and purchase new assets to support its ongoing growth and meet an increasing demand for sustainable electric services.

Based in Newcastle-upon-Tyne, dynamic storytelling brand agency, B7, has secured an investment from NPIF II – Smaller Loans, which is managed by NEL Fund Managers and part of the Northern Powerhouse Investment Fund II.

The Artisan Travel company accessed equity investment through British Business Investments via Panoramic Growth as their lender. The equity finance has allowed the business to enter its next chapter and provide a more certain future for its employees.

Lemon Tree Soft Play Café took out a Start up Loan and is a growing business founded by three mothers and entrepreneurs, creating a haven for children and families in Newcastle upon Tyne.

North East based contract research organisation (CRO) Magnitude Biosciences helps its clients in the health & nutrition, biotech and pharmaceutical industries progress their research projects.

Press on Vinyl received a £350,000 investment from the Northern Powerhouse Investment Fund, through fund manager FW Capital, which will enable it to grow and to create as many as 46 new jobs in the region over the next three years

Nova Pangaea’s technology converts wood and crop residues into sustainable biocarbons, biopolymers, biochemicals and advanced biofuels, offering new sources of income for agricultural enterprises.