Northstar Ventures Launches Second EIS Fund Tranche
Funding | Mar 20, 2025 | Northstar Ventures
Northstar Ventures announces the opening of the second tranche of its EIS Growth Fund, offering individual investors a tax-efficient opportunity to invest in high-growth potential technology companies in the North East of England. This venture capital firm, with over 20 years of experience, plans to funnel investments into clean tech and healthy aging sectors, leveraging its deep connections within the local ecosystem. Northstar Ventures underscores its role as a proactive investment partner, focusing on companies with established business models looking for scale-up capital. With a successful first tranche that invested in four rapidly scaling companies, the second tranche will continue to capitalize on similar scaling potential, driving growth and innovation in the region.
Sectors
- Venture Capital
- Clean Technology
- Healthcare
- Technology
Geography
- United Kingdom – Northstar Ventures operates in the North East of England, making the UK geographically relevant for this investment fund.
Industry
- Venture Capital – Northstar Ventures is a venture capital firm focusing on early-stage investment in high-growth technology companies.
- Clean Technology – The EIS Growth Fund aims to invest in clean tech, a sector where the North East has competitive advantages.
- Healthcare – The fund also focuses on the healthy aging sector, investing in technology companies addressing healthcare challenges.
- Technology – The EIS fund targets technology companies for investment to drive innovation and growth in the sector.
Financials
- €100M – Northstar Ventures has provided over €100 million in funding into start-ups and early-stage businesses.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Northstar Ventures | PE Firm | Company | A venture capital firm specializing in investments in early-stage technology companies in the North East of England. |
| MySalesCoach | Portfolio Company | Company | A company offering a personalized coaching platform for sales professionals. |
| Nunabio | Portfolio Company | Company | A Newcastle University spinout focusing on DNA synthesis and amplification processes. |
| OnHand | Portfolio Company | Company | A social impact platform that helps businesses engage in corporate social responsibility initiatives. |
| Wordnerds | Portfolio Company | Company | A company offering AI-based customer insight analysis tools for various industries. |
| Alasdair Greig | Director | Person | Director of Northstar Ventures, leading investment strategies and initiatives. |