Funding the most exciting Northern scale ups

Our Scale-Up Fund is designed to support founders building the most advanced technology in some of the world’s largest and most complex sectors.

Pitch
to us

What is the PXN scale-up fund?

Backed by institutional investors, university endowments, family offices and high-net worth individuals, the PXN Scale-Up Fund backs enterprise software and deep tech businesses in the North of UK. Our focus is to back the North of the UK’s most innovative minded founders with investments of up to £8m.

Investing up to £8m in scaling businesses

Experience that compounds our investment.

We combine capital with operational capability to push you further. Access sector expertise from those who’ve been there before.

More
than
money

Click for Funding

What sets us apart?

What sets PXN apart from other VCs is support. Raising money is just the start – real, long-term success comes from having trusted individuals in your corner who share your vision and know your sector or challenge inside out. How do we do this?

Operational Support When You Need It

Draw on our PXN Investment Network and portfolio team to access advice, useful resources and operational support.

Portfolio Toolkits Built Around Your Needs

From business cost savings to a black book of contacts in areas such as recruitment and property, our toolkit saves time and money.

Follow-On Funding to Unlock Opportunities

Access follow-on funding easier through our trusted co-investors, whether you’re raising a larger round or need bridge funding.

Our Track Record

Each of our funds draws on the collective knowledge, experience and investment know-how of Par Equity and Praetura Ventures. The PXN investment team sit on the cap tables of the most well-known early-stage businesses, breakout successes and established companies in the North of the UK. We’re trusted by investors as well as founders and our track record reflects this…

£700m
Assets under management
150+
Companies backed
3100
Jobs supported
True as of March 31st 2025

What we’re looking for?

Our Scale-Up Fund is for founders who are already on a growth trajectory in complex or innovation-heavy sectors. The businesses that make up our Scale-Up portfolio typically sit across deep tech and enterprise software and our cheque sizes range from £1m - £8m.

Our mission is to continue backing the best founders across the North of the UK while supporting visionary management teams. Apply for funding here to be part of our growing portfolio.

92% of PXN founders would recommend us as an investor