Praetura Ventures manages equity investments as part of the Northern Powerhouse Investment Fund II mandate.
Portfolio
2
companies
PEAK:AIO
Peak:Aio builds high-performance software platforms designed for artificial intelligence storage workloads.
Exciting Instruments
Exciting Instruments develops a pioneering single-molecule detection platform for health research.
Pembroke VCT led the five million pound financing round to support the scale-up of artificial intelligence storage systems.
"With a team that has repeatedly scaled and exited category-defining businesses, and early validation from some of the most complex customers in the world, we believe PEAK:AIO is positioned to be a critical enabler of the AI revolution."
Northern Gritstone led the over-subscribed seed round with participation from Empirical Ventures, Praetura Ventures, and private backers.
"Northern Gritstone is delighted to support Exciting Instruments’ internationally renowned team from the University of Sheffield. Their technology will open up a broad range of health-related research and discovery and will also support job creation in Sheffield’s thriving tech cluster."