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

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.

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) Invests £1M in CRL Foods

February 17, 2025

Food & Beverage

NPIF II - Maven Equity Finance has made a £1 million growth capital investment in Newcastle-based CRL Foods to accelerate production scaling and support new contract wins. The funding will be used to expand capacity, invest in equipment and scale the company's thermal processing capabilities for ready-to-drink beverage contract manufacturing.

NPIF Maven Equity Finance Invests in Margin Guardian

November 30, 2021

Data & Analytics

NPIF Maven Equity Finance has made a six-figure growth investment in Liverpool-based Margin Guardian to support platform commercialisation, develop an Android version of its Squished app, and fund marketing. Margin Guardian provides fashion retailers with purchase-intent data and retail analytics to help optimise pricing, markdowns and margins.

NPIF Maven Equity Finance Leads £1.5m Investment in XR Games

August 18, 2021

Media & Entertainment

Leeds-based XR Games, a developer of immersive AR and VR games, has raised £1.5m in a funding round led by NPIF Maven Equity Finance with follow-on participation from existing investor ACT Capital Partners. The growth capital will be used to accelerate product development and hire 20 new roles at the Leeds studio.

Maven and Foresight Back Management Buy-In of FIS Chemicals

October 27, 2020

Manufacturing

Maven Investor Partners and the Foresight Scottish Growth Fund co-led and each invested £2 million to support a management buy-in of Aberdeen-based FIS Chemicals, alongside investment from the buy-in team led by Kenny Woods. The deal will help the specialist chemicals manufacturer accelerate growth, strengthen its management team, and support expansion into Asia and the Middle East while building on its strong environmental credentials.