
PXN Group
Par Equity and Praetura Ventures
Two of the North’s best fund managers. Combining to deliver world-class investment programmes at scale and help build the Northern economy.
- Use: Go2Market;
- Date closing: -
- Amount: 200,000 £ - 8.0M £
- Industry focus: Others;
- Total budget: 783M £
- Entity type: Public Agency
- Vertical focus: All
- Website: https://www.pxngroup.com/
- Status: Open
- Funding type: Equity investment;
- Geographic focus: United Kingdom;
- Public/Private: Public
- Stage focus: pre-seed; Seed; Series A; Series B;
- Applicant target: Startup;
Overview
Par Equity and Praetura Ventures are merging to become PXN. They’re combining our businesses, bringing together decades of experience and fusing our expansive networks, reach and capabilities to build a world-class investor for the North.
PXN will champion the North of England, Northern Ireland and Scotland’s investment ecosystem and wider economy. PXN believes in better support for founders, advisers, investors, and institutions.
Delivering at scale, they can build bigger and better businesses for the North. The PXN merger is subject to FCA authorisation.
PXN Group has raised a €783 million investment powerhouse to boost the startup ecosystem in the north of the UK.
They invest from Preseed to Series B+, PXN will invest from £200k up to £8m through multiple funds.
Portfolio: Phlo, Aveni, Lunio, Street Group.
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Featured Funds
- Usage: R&D; Go2Market;
- Entity type: Public Agency
- Total: 95B kr
- Funding type: Grant;
- Geographic focus: Sweden;
- 0 reviews 2 questions
- Entity type: Public Agency
- Total: 300M €
- Funding type: Grant;
- Status: Open
- Geographic focus: Horizon Europe associated countries; European Union;
- 0 reviews 0 questions
- Usage: Go2Market;
- Entity type: Public Agency
- Total: 8B €
- Funding type: Equity investment;
- Status: Open
- Geographic focus: Horizon Europe associated countries; Europe;
- 0 reviews 0 questions