Fundz

Northern Gritstone Raises £215M To Back ‘Ip-Rich’ British University Spinouts

PRIVATEMay 20, 2022

Amount Raised

£215 Million

Round Type

Funding Round

Professional ServicesFinancial Services

Description

University spinout investment company Northern Gritstone has raised £215m in funding, backed by local pension funds, to invest in British startups.

Quick answer

Northern Gritstone raised £215 Million in a Funding Round round, dated May 20, 2022.

How much did Northern Gritstone raise?
Northern Gritstone raised £215 Million in a Funding Round round on May 20, 2022.
What does Northern Gritstone do?
Northern Gritstone is a ground-breaking new investment company based in the north of England, founded by the Universities of Leeds, Manchester and Sheffield, three of the UK’s leading educational research establishments.
Who are the decision-makers at Northern Gritstone?
Fundz holds 1 contact at Northern Gritstone. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Financial Services around the same time

Companies in the same sectors as Northern Gritstone that raised within 45 days of this round, from Fundz verified event records.

  • Sfc Capital raised $6.5M on June 30, 2022.
  • Zing Data raised $2.4M (Seed) on June 29, 2022.
  • Hercules Capital raised an undisclosed amount (Debt Financing) on June 23, 2022.
  • Titan Casket raised $3.5M (Seed) on June 9, 2022.
  • Pemo raised $12M (Seed) on May 25, 2022.
  • Thought Machine raised $160M (Series D) on May 18, 2022.

Who to call at Northern Gritstone, and when

A new round usually means Northern Gritstone is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Northern Gritstone raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Northern Gritstone, from your own LinkedIn network

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Company Information

Company

Northern Gritstone

About

Northern Gritstone is a ground-breaking new investment company based in the north of England, founded by the Universities of Leeds, Manchester and Sheffield, three of the UK’s leading educational research establishments. It intends to be one of the largest investors into academic spin-outs in the UK dedicated to financing companies in some of the UK’s fastest growing sectors such as advanced materials, energy, health technology and cognitive computation.

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Related People

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Predictive Intelligence
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Northern Gritstone raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.