NPIF II Maven Equity Finance

Government

Part of the Northern Powerhouse Investment Fund II and supported by the British Business Bank, NPIF II provides commercial finance options including equity investments for northern businesses.

Portfolio

companies

Portfolio companies

PervasID

PervasID provides passive radio frequency identification tracking technology for industrial and retail sectors.

Recent investments

20 November 2024

£3.3M

PervasID secures £3.3m from Parkwalk Advisors and Maven-managed funds to accelerate growth

SaaS Enterprise Software

The funding round was led by Parkwalk Advisors with participation from the Finance Durham Fund and NPIF II Maven Equity Finance.

"We are delighted to close out this first phase of our investment round with the support of Parkwalk and Maven. Maven are joining us at what is a very exciting time in our journey as we head towards a new chapter. Having worked with Parkwalk for 6 years, it’s fantastic to carry on our strong relationship as we deliver on our ambitious plans. The growth we have seen in recent years is a testament to our market leading innovation and we can’t wait to use this investment to take the business to the next level."

— Peter Oram, CEO

PervasID—The Old Schools, Trinity Ln, Cambridge CB2 1TN, UK

Parkwalk Advisors + 2 others