£80m fund extension announced by PXN Ventures and British Business Bank’s NPIF II
PXN Ventures and the British Business Bank have announced an £80m extension to NPIF II - PXN Equity Finance, taking the fund’s total size from £100m to £180m.
The extension will allow PXN to invest in more of the North West’s ambitious businesses through to 2030, following significant demand during the fund’s first two years.
Since launching in 2024, PXN has received more than 3,000 applications and invested in excess of £45m in 50 businesses, unlocking around £50m of additional co-investment.
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