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NV

NorthStar Ventures

Venture Capital

NorthStar Ventures is a venture capital and social investment firm based in the North East, providing funding for innovative and scalable businesses.

Portfolio

4

companies


Portfolio companies

o

onHand

A mobile application that connects employees with on-demand volunteering opportunities.

NB

Newcells Biotech

Newcells Biotech builds advanced human tissue models to improve drug discovery.

P

Poptop

Events booking platform connecting consumers with private event suppliers.

Oak Intranet

Oak Intranet

Oak Intranet provides an employee engagement and digital workplace platform for enterprises.


Team

DE

Dominic Endicott

Dominic serves as a special advisor to the president of Merrimack College and holds advisory roles with Northstar Ventures UK and the MET Fund, following previous board and chairmanship positions.

LinkedIn

Recent investments

Seed
£1.0M

The round was led by NorthStar Ventures with backing from Shazam co-founder Dhiraj Mukherjee and UK Research and Innovation.

"NorthStar believes that the next innovation wave is about impact at scale. In the UK alone there are up to 20 Million potential volunteers, 10 Million care recipients and millions more young people, homeless and eco projects urgently needing support. onHand is the first cloud platform to enable volunteers and those needing support to be matched via an app, using geolocation, security checks, and machine learning to deliver the best experience to both sides at scale. Employers know that volunteering improves the satisfaction and ultimately the productivity of their employees, and thus are key partners in onHand’s rapid UK expansion. We are excited to become an early investor in onHand’s journey"
— Dominic Endicott
Seed
£5.3M

The seed follow-on round from existing backers Mercia and NorthStar Ventures will fund international expansion in the US and accelerate product launches.

"Over the last two years Newcells has made great progress in bringing innovative products and services to market that have delivered value to our global pharmaceutical customers. Whether it be in understanding how new drugs interact with the kidney or the retina, our scientists have produced data that has helped lower the risk of early drug discovery projects. The input and support of Mercia and NorthStar has been invaluable in driving forward the business. Our vision is to bring the best in vitro biology to market, improving the productivity of drug discovery and development"
— Mike Nicholds, CEO
Seed
£440K

The Newcastle-based events booking platform has raised a further £440k from DSW Ventures and NorthStar Ventures.

"We are confident that in 2021 the market for private events will bounce back strongly and Poptop will play an important role in the redevelopment of the industry. The technology we’ve built allows us to significantly improve the customer’s experience of planning an event and increase conversions and bookings for our suppliers."
— Eugene Shestopal, Founder
Seed
£2.1M

The funding round was led by Maven Capital Partners and will support the expansion of the company digital workplace platform.

"Oak is an amazing product with tremendous potential. It enables organisations to engage their employees including deskless workers and provides a range of internal communications tools that integrate seamlessly with office applications. We are thankful for the great funding partners we have in Maven, NorthStar Ventures and Finance Durham and look forward to working with them as Oak scales"
— Will Murray, CEO