Case Studies

PEAK:AIO, a Manchester-based software company building ultra-fast storage systems for AI workloads has received a £5 million funding round.

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.

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).

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).

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.

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.

David Newman is Founder and CEO of Firenze, a Manchester-based fintech on a mission to democratise access to Lombard lending - an investment-backed credit product traditionally reserved for high-net-worth individuals, backed by Outward VC through the British Business Bank’s Enterprise Capital Funds (ECF) programme.

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.

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).

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

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.

Manchester trade kitchen fittings supplier Fittingsco is growing its team as it aims to increase sales and expand its stock levels. The firm is being supported with investment from NPIF II – FW Capital Debt Finance.

A growing cybersecurity company has raised £1.6m to expand its client base and scale its operations as demand grows for support managing tech defences.

Popular Manchester café, Black Milk, secured a loan from the Northern Powerhouse Investment Fund II (NPIF II).

Founded in 2020, Kris Ball launched The Padel Club after recognising its rising popularity while working abroad. With no courts available in his local area, Wilmslow, Kris decided to start the business in the anticipation that demand for the sport would take off.