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“SaxaVord Spaceport’s £60m has given Scottish space more in October alone than in all of 2025, on our record.”

The lion rampant
Investor · Scotland

PXN Ventures

PXN Ventures is an investor named in 6 Scottish funding rounds on the record.

What they do

“PXN Ventures is the leading venture capital firm for the North of England, Scotland, and NI. We provide "more than money" support to high-growth founders.”

In its own words, on pxnventures.co.uk

In plain speak

They provide money and business support to fast-growing company founders in the North of England, Scotland, and Northern Ireland.

In the news

In Scottish tech

Rounds named in
6, 3 Dec 2024 to 31 Jul 2026
Companies
5
Disclosed
£29.8m across 6 rounds, the whole round each time
Typical round
£3.8m, the middle disclosed round
Sectors
Quantum 2 · Energy 1 · Environment 1 · Fintech 1 · Robotics 1

Aveni

1 round

Quantcore

2 rounds

Rounds it was named in

Aveni raises £12m

31 Jul 2026 · Growth · IFC Review · Aveni · with PXN Ventures, Lloyds Banking Group, Nationwide, Scottish Enterprise · the round · Scottish tech funding, July 2026

VASO Global raises £5m

1 Jul 2026 · Seed · Scottish Enterprise · VASO Global · with PXN Ventures, Scottish Enterprise, Innovate UK Loans, ECO GROUP, South of Scotland Enterprise · the round · Scottish tech funding, July 2026

Quantcore raises £2.5m

25 Feb 2026 · Seed · Scottish Enterprise · Quantcore · with PXN Ventures, Blackfinch Ventures, Scottish Enterprise, Quantum Exponential, STAC · the round · Scottish tech funding, February 2026

ScrubMarine raises £750k

22 Dec 2025 · Seed · BM Magazine · ScrubMarine · with SFC Capital, PXN Ventures · the round · Scottish tech funding, December 2025

Orbital Marine Power raises £7m

9 Dec 2025 · Growth · Orbital Marine Power · Orbital Marine Power · with PXN Ventures, Scottish Enterprise · the round · Scottish tech funding, December 2025

Quantcore raises £2.5m

3 Dec 2024 · Seed · STAC · Quantcore · with PXN Ventures, Blackfinch Ventures, Scottish Enterprise, Quantum Exponential, STAC · the round · Scottish tech funding, December 2024

Latest from PXN Ventures

Concretene raises £4.5m Series A to scale ‘Manchester graphene’

28 Oct 2026, from pxnventures.co.uk, posted by the company

adsilico raises £10m to assess medical device performance in virtual patients

28 Oct 2026, from pxnventures.co.uk, posted by the company

Manchester InsurTech scaleup Fruga raises £1m from NPIF II

15 Oct 2026, from pxnventures.co.uk, posted by the company

PXN ranked 40th on Sifted’s 100 best European investors list

8 Oct 2026, from pxnventures.co.uk, posted by the company

Y Combinator-backed Revnu raise $3m to build AI marketing startup

1 Oct 2026, from pxnventures.co.uk, posted by the company

Timeline

  1. 28 Oct 2026from the companyConcretene raises £4.5m Series A to scale ‘Manchester graphene’
  2. 28 Oct 2026from the companyadsilico raises £10m to assess medical device performance in virtual patients
  3. 15 Oct 2026from the companyManchester InsurTech scaleup Fruga raises £1m from NPIF II
  4. 8 Oct 2026from the companyPXN ranked 40th on Sifted’s 100 best European investors list
  5. 1 Oct 2026from the companyY Combinator-backed Revnu raise $3m to build AI marketing startup
  6. 18 Sep 2026newsEdinburgh graduates’ AI startup Expanse raises $5.3m
  7. 8 Sep 2026newsOrbital Marine Power appoints Ian Douglas as Chair to lead the next phase of commercial growth
  8. 5 Jun 2026newsAveni raises £12m to close the AI agent safety gap in financial services
  9. 18 Mar 2026newsEarth Blox, Edinburgh nature tech firm, secures £6m

Register facts, funding, grants and the latest news, each linked or sourced. The data file holds the register facts, funding and grants only.

On the record

Listed by PXN Ventures (Par Equity): it is in the PXN Ventures (Par Equity) investment portfolio

PXN Ventures (Par Equity)

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