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PV

PXN Ventures

Venture Capital

PXN Ventures is a partnership formed by Praetura Ventures and Par Equity.

Portfolio

5

companies

Investment by month

By category

  • CleanTech£13.0M
  • AI/ML£8.7M

By location

  • Scotland£7.0M
  • Edinburgh£6.0M
  • Manchester£5.0M
  • Newcastle upon Tyne£3.0M
  • Whitehaven£740K

Portfolio companies

Earth Blox

Earth Blox

Earth Blox provides environmental analytics to help organisations assess climate and nature risks.

I

Imperagen

Imperagen engineers better enzymes faster using quantum physics and artificial intelligence.

OM

Orbital Marine Power

Orbital Marine Power operates floating tidal turbines to convert ocean currents into clean electricity.

RA

Rightbrain AI

Rightbrain AI enables services businesses to build and deploy AI agents without technical complexity.

S

ScrubMarine

ScrubMarine develops autonomous robotics to clean and inspect ship hulls.


Team

JJ

Jess Jackson

PraeSeed Lead

PE

Patricia El Jichi

Investment Manager


Recent investments

Seed
£5.0M

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."
— Guy Levy-Yurista, CEO
Seed
£3.0M

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."
— Peter Cheyne, Co-founder
£6.0M

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."
— Genevieve Patenaude, CEO and founder