Midlands Engine Investment Fund II (via Maven) Provides Six-Figure Funding to Vision Zero Connect

Foresight Group (MEIF) Leads Growth Investment in BlueSkeye AI

October 31, 2022

AI & Machine Learning

Foresight Group, via The Midlands Engine Investment Fund (MEIF), invested £600,000 into BlueSkeye AI as part of a £3.4 million funding round joined by XTX Ventures, Praetura Ventures, the University of Nottingham and a consortium of high-net-worth individuals. The growth capital will accelerate BlueSkeye's expansion and product development for its proprietary face- and voice-analysis AI across digital health & wellbeing and automotive safety markets.

Foresight Group and MEIF Invest in The Modular Analytics Company (TMAC)

November 11, 2021

AI & Machine Learning

Foresight Group has made a c.£749,000 growth capital investment into The Modular Analytics Company Limited (TMAC), using equity finance from the Midlands Engine Investment Fund (MEIF) as part of a c.£1.5 million funding round. TMAC, a Manchester-based AI and machine learning contact-centre software provider (Fonetik, Playbook and Coach), will use the funding to develop its SaaS platform, make senior hires and consolidate its East Midlands base.

NPIF - Maven Equity Finance (Maven) and Management Back Traverse Associates with £650k Follow-on Investment

July 4, 2024

Software

Cheshire-based intelligent automation specialist Traverse Associates secured an additional £650,000 as part of a larger funding round led by NPIF - Maven Equity Finance (managed by Maven Capital Partners), with participation from company management and travel executive Mal Barritt. The growth capital will accelerate development and commercial rollout of Traverse's proprietary Cognitive Flow intelligent automation technology across SME and enterprise travel customers.

NPIF II (Maven) Invests £1M in Tiba Tempeh

March 10, 2025

Food & Beverage

NPIF II - Maven Equity Finance has invested £1 million in UK plant-based food maker Tiba Tempeh to support marketing, sales and product development as the company prepares for further UK and European expansion. The investment was made via the Northern Powerhouse Investment Fund II, which is managed by Maven, with support from the British Business Bank programme.

NPIF II (Maven) and Finance Durham Fund Back Magnitude Biosciences

May 27, 2025

Biotechnology

Magnitude Biosciences, a County Durham–based contract research organisation, secured over £700,000 in growth funding led by NPIF II - Maven Equity Finance alongside the Finance Durham Fund with continued support from Northstar Ventures. The funding, matched by an Innovate UK grant, will scale the company's WormGazer high-throughput in vivo screening platform, expand robotics, machine‑learning and biological capabilities, and create skilled jobs at NETPark in Sedgefield.

Foresight-led £400k Growth Investment into TextureJet

December 14, 2022

Manufacturing

Foresight Group, via the Midlands Engine Investment Fund, has provided a £400,000 growth capital investment into TextureJet as part of a wider £650,000 round also including the University of Nottingham and members of the Minerva Angel Investor Group. The funding will enable the Nottingham-based spin-out to scale production of its patented surface texturing machines, expand its team and pursue overseas market expansion across aerospace, automotive and medical device end markets.