Northern Gritstone
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Investment Portfolio


Optalysys raises £23m in a Series A extension led by Northern Gritstone to challenge conventional computing with photonic chips
Optalysys builds photonic computing chips that process and move data using light, aiming to overcome power and performance limits of electronic computing for AI, encryption and next-generation cloud workloads.


IVFmicro raises £3.5m in pre-seed funding led by Northern Gritstone to improve IVF success rates
IVFmicro develops a microfluidic device that improves embryo culture in IVF treatment, increasing the number and quality of embryos while reducing handling and variability in fertility clinics.


Sitehop lands £7.5m in new funding led by Northern Gritstone to advance encryption for quantum cyber threats
Sitehop develops hardware-based encryption systems that protect data at ultra-low latency, enabling networks to remain secure against future quantum cyber threats without sacrificing performance or efficiency.


PhovIR raises £4m seed round led by Northern Gritstone to develop deeptech optical sensor technology
PhovIR develops compact near-infrared optical sensors manufactured on silicon chips, enabling low-cost material identification for use in health, safety, agriculture and consumer devices.


Literal Labs raises £4.6m seed led by Northern Gritstone for logic-based AI that is faster and more energy efficient than neural networks
Literal Labs develops logic-based AI using Tsetlin machines, offering faster, more energy-efficient and explainable alternatives to neural networks for industrial and enterprise machine learning applications.


Phlux Technology raises £9m Series A led by BGF to expand infrared sensor tech for comms and sensing markets
Phlux Technology designs infrared sensors based on novel semiconductor materials, improving sensitivity and energy efficiency for optical communications, sensing and safety applications across industrial and connectivity markets.


BOW raises a £4m seed round led by Northern Gritstone for its ground-breaking robotics software platform
BOW develops robot-agnostic software that allows developers to build applications once and deploy them across different robots, reducing the cost and complexity of programming machines used in industrial, commercial and research settings.


Northern Gritstone leads £5m Series A round into aftersales technology platform Partful
Partful develops interactive 3D aftersales software that helps manufacturers and dealers identify parts, access instructions and order components more efficiently.


Exciting Instruments raises £4m seed led by Northern Gritstone to revolutionise single-molecule detection for drug discovery
Exciting Instruments develops a single-molecule detection platform that makes advanced microscopy more accessible, enabling researchers and pharmaceutical teams to analyse individual molecules at scale for drug discovery and diagnostics.


X-ray technology innovator Silveray lands £4m seed led by Northern Gritstone to launch its first product next year
Silveray develops flexible digital X-ray detector technology using semiconductor inks, enabling new industrial and medical imaging applications that require curved or adaptable detector shapes.
More venture news
- 24 Feb 2026

BrainomixBrainomix lands a £4.8m Series C extension led by Parkwalk Advisors and Hostplus for AI medical imaging in stroke and lung fibrosis
ExtensionHealth - 24 Feb 2026

Centauri TherapeuticsCentauri Therapeutics secures a £6m Series A extension from AMR Action Fund to target drug-resistant bacterial infections with immunotherapy
ExtensionLife Sciences - 17 Feb 2026


SurrealDB secures a £17m Series A extension led by Chalfen Ventures and Begin Capital for its multi-model database for AI
ExtensionEnterprise