PXN Ventures is a regional venture capital firm managing funds across the North of England, supporting early-stage founders in sectors such as software, life sciences and deep tech.
The round was backed by NPIF II and Haatch to support team growth and market expansion.
"Insurers hold some of the biggest customer bases in the country, yet the industry has trained those customers to see their policy as a price and nothing more. Every renewal sends them back to the comparison sites, and the insurer that wins them this year loses them the next. We started Fruga to take customers out of that aggregator cycle and put real value back at the heart of the relationship. Customer value and data insights is what makes that possible."
The funding round was led by PXN Ventures with participation from IQ Capital and Northern Gritstone.
"What I see right now is that the companies that will make a radical difference in this emerging AI-driven future are all AI-native, lean on real world data, have genuine impact, and are fundamentally deep tech. Imperagen has each of those characteristics, combining them with outstanding people, phenomenal technology and the undeniable swagger you only get from Manchester. It was a no-brainer to join the team and lead this next stage in its growth."
The round was led by NPIF II - PXN Equity Finance with participation from Salica, NYDIG and angel investors.
"Businesses are under pressure to adopt AI, but many are finding that the real challenge isn’t accessing the technology but actually deploying it safely and effectively. We’re helping traditional B2B services evolve into AI-native businesses by embedding agents into their core workflows. This removes friction, giving teams a single platform to build, deploy and govern intelligent tools without needing to rebuild their infrastructure or hire specialist developers."
The funding was led by PXN Ventures with participation from Scottish Enterprise, Archangels and the European Space Agency.
"Businesses are increasingly aware that nature loss and climate risks have direct implications for financial performance, supply chains and long-term resilience. The challenge is turning complex environmental data into information that can support real business decisions. Earth Blox was built to bridge that gap, helping organisations see clearly where environmental change affects value and where investment today can strengthen future performance."
