Northstar Ventures has opened the third tranche of its Enterprise Investment Scheme (EIS) Growth Fund for investor subscriptions.
Now in its third year, the Northstar EIS Growth Fund gives individual investors the opportunity to back high growth companies like while also benefiting from generous income tax, capital gains tax and inheritance tax reliefs.
The third tranche of the fund is now open for new subscriptions, with fundraising scheduled to close on 30 April 2026. Funds will be invested during the 2026/27 tax year in later stage growth companies alongside other funds managed by Northstar Ventures.
Northstar Ventures has a demonstrable track record built over two decades of investing, scaling and exiting fast-growing tech companies. The Northstar EIS Growth Fund typically invests in the more mature companies in Northstar Ventures’ portfolio which have proven revenues and are entering the growth phase of their development.
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The fund’s investments to date cover a broad range of innovative businesses at the leading edge of technology. They include:
- MySalesCoach provides a personalised coaching platform and integrated AI products which will enable continuous sales coaching outside of individual sessions utilising the company’s proprietary datasets.
- Low Carbon Materials helps the construction sector build a net zero world with carbon negative and carbon zero materials. The company has won several awards and was nominated for the prestigious Earthshot Prize.
- NunaBio, a Newcastle University spinout, has developed new processes that enables it to supply synthetic DNA to its clients at a scale, speed and cost unmatched. The business won the Accelerating Innovation award at the CPHI Milan Awards.
Alasdair Greig, CEO of Northstar Ventures said: “The North East has become a powerhouse for cutting edge technology. After more than two decades working alongside entrepreneurs and leading universities, we’re proud to be recognised as one of the region’s most proactive and trusted investment partners, backing the next generation of dynamic, high growth businesses.”
“Our Northstar EIS Growth Fund is designed to give the region’s standout companies the scale-up capital they need to realise their potential and deliver transformative solutions on the global stage and offers individual investors the opportunity to hold a diversified portfolio of investments in some of the region’s most exciting businesses.”
Founded in 2004, Northstar Ventures is one of the North East’s leading early-stage investor, and has to date provided over £150m of funding into start-ups, early-stage businesses and high-impact social enterprises.
