PraeSeed – Now Open with PXN Ventures

This year we have up to £1.6m to invest across the North, supporting ambitious pre-seed founders who are building high-growth businesses with real potential. PraeSeed is backed by the Northern Powerhouse Investment Fund II (NPIF II), meaning we can continue backing businesses beyond the programme — with the ability to invest in rounds of up to £5m as you scale. 

And it works.

85% of our first cohort have already gone on to raise additional funding.

PraeSeed isn’t just about the first cheque. It’s about building momentum, opening doors to coinvestment, and surrounding you with a network that wants to see you win. More than money — hands-on support, experienced operators, and a regional ecosystem that backs its own.

If you’ve made progress since your last application — whether that’s product, traction, team or clarity of vision — we’d strongly encourage you to apply.

If you’ve got any questions, you can join our webinars here.

Sign up for the webinars to understand the application process:

12pm on the 31st March 2026 – https://zoom.us/webinar/register/WN_HriK5aAYSX2S2VDtncwOiw

11am on the 8th April 2026 – https://zoom.us/webinar/register/WN_wp6hdgqPSdy5Fdnezl2L1A

Learn more about PraeSeed: https://www.pxnventures.co.uk/praeseed/

Apply before 10 April: https://www.pxnventures.co.uk/apply-for-praeseed/