Northern Gritstone
Northern Gritstone is an independent venture capital and private equity firm focused on supporting science, technology, and intellectual property-rich businesses in the North of England. Established in 2020 through a partnership with the University of Manchester, University of Leeds, and University of Sheffield, the firm aims to generate strong financial returns while fostering regional innovation and job creation. The company invests in high-impact sectors such as life sciences, deep tech, and health tech, targeting academic spin-outs and IP-rich businesses. Investments typically range from
Investing activity
Northern Gritstone appears in 2 AI deals tracked by the AI Lounge deals desk, rounds totalling $13M. The rounds are mostly Series A and Seed, with a median round size of $13M. The most recent are adsilico (Series A, $13M, Oct 2026) and Matter Machine (Seed, $5.3M (GBP 4.0M), Oct 2026).
Northern Gritstone most often invests alongside PXN Ventures, Parkwalk, IP Group and University of Liverpool, and the companies it backs on AI Lounge are mostly in AI medtech simulation and AI.
Deals
Frequently asked questions about Northern Gritstone
What AI companies has Northern Gritstone invested in?
Northern Gritstone's AI investments include adsilico and Matter Machine. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Northern Gritstone based?
Northern Gritstone is based in Manchester, England, United Kingdom.
What stage does Northern Gritstone invest at?
In the rounds tracked on AI Lounge, Northern Gritstone has invested at Series A and Seed, with a median round of $13M.
Who does Northern Gritstone co-invest with?
Northern Gritstone's most frequent co-investors on AI Lounge are PXN Ventures (1 deal), Parkwalk (1 deal), IP Group (1 deal), University of Liverpool (1 deal) and LYVA Labs (1 deal).
How can founders reach Northern Gritstone?
Founders on AI Lounge can see Northern Gritstone's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Northern Gritstone to their Investor Pipeline to track the conversation.