# North East Development Capital Fund

> North East Development Capital Fund is a VC fund backing E-Commerce and Manufacturing. See 30 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Newcastle Upon Tyne, United Kingdom
- Total investments: 30
- Last investment: Oct 2024
- Lead investor: 47%
- Last updated: Aug 2026

North East Development Capital Fund Is an Investment Fund

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $2.1M–$4M |
| Venture - Series Unknown | $37k–$3.4M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 4 | 13% |
| Manufacturing | 4 | 13% |
| Software | 3 | 10% |
| Apps | 2 | 7% |
| Mobile | 2 | 7% |

53 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 10 | 33% |
| Funding Round | 9 | 30% |
| Series A | 2 | 7% |
| Debt Financing | 2 | 7% |
| Seed | 1 | 3% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 19 | 63% |
| Germany | 1 | 3% |
| United States | 1 | 3% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Power Roll | Power Roll Limited was established to develop and commercialise its highly innovative proprietary energy storage and energy generation technologies. Power Roll technologies exhibit a range of significant benefits and advantages over existing technologies such that it is likely that the technology can prove extremely disruptive across a wide rangeof applications and markets. Power Roll has a strong intellectual property portfolio, with 15 different patent families already established. These patent families are spread across all three technologies with five directly related to Energy Storage, nine related to Solar PV and one focusing on the nano-barrier technology. | $5.6M | Venture - Series Unknown | Oct 14, 2024 |  |
| iPac Packaging Innovations | iPac has been created to offer innovative packaging solutions to the food processor and retailer. iPac has extensively researched the key drivers required and is concentrating on the 4 major trends - Food Waste, Function, Environment, Appeal and Impact. iPac has a team of experienced professionals ready to advise and solve your food packagingchallenges. The key members of their team have a vast knowledge of the food industry gained in some of the leading organisations. | $1.3M | Venture - Series Unknown | Feb 12, 2024 |  |
| Pockit | Pockit is a fintech business that focuses on providing financial services primarily to customers who are typically excluded or at least underserved by high street banks. It provides a digital banking app designed to cater to the underbanked masses. | $10M |  | Aug 03, 2023 |  |
| Pockit | Pockit is a fintech business that focuses on providing financial services primarily to customers who are typically excluded or at least underserved by high street banks. It provides a digital banking app designed to cater to the underbanked masses. | $10M |  | Aug 03, 2023 |  |
| The Storage Place | The Storage Place operates as a carbon neutral fulfilment firm. | $497K | Venture - Series Unknown | Apr 18, 2023 |  |
| DiffusionData | DiffusionData is a technology company that builds intelligent real-time applications for companies worldwide. It consumes data securely from any source and then provides a flexible model for organizing and hyper-personalizing granular data. The company's real-time event broker, which includes intelligent queuing and the patenteddelta-streaming protocol, can save up to 90% on bandwidth costs. Its intelligent platform employs delta streaming to send only the data required, resulting in hyper-personalized experiences at Internet scale. | $1.2M | Venture - Series Unknown | Mar 05, 2023 |  |
| Pragmatic Semiconductor | Pragmatic is a ultra-low-cost flexible electronics. Their flexible integrated circuits (FlexICs) are thinner than human hair and can be invisibly embedded in objects, enabling innovators to create novel solutions to everyday problems that are not practical with conventional electronics.Designers can create their own application-specific flexibledevices using our FlexIC Foundry® service at a fraction of the cost and time required for traditional silicon circuits, opening up multiple new markets.We also offer standard FlexIC products that extend proven applications such as RFID and NFC into mass market use cases, enabling the potential for trillions of smart objects that can engage with consumers and their environments.All FlexICs are manufactured on our revolutionary FlexLogIC® production system, a highly scalable manufacturing model for cost-effective high-volume production, achieved with orders of magnitude lower capital investment and operating cost compared to a traditional silicon IC fab.Our novel, differentiated technology is being adopted by a growing base of global companies across diverse markets, including consumer goods, retail, healthcare, pharmaceutical, gaming and security.Pragmatic is headquartered in Cambridge, UK, with our first billion-unit production facility in Sedgefield. Shareholders include Cambridge Innovation Capital, Arm and Avery Dennison. | $35M | Series C | Dec 14, 2022 |  |
| Roman | Roman is a shower manufacturer and designer. All their enclosures and bath screens are manufactured. They create a stunningly contemporary wetroom with ingenious bath screens, low-level shower trays, and state-of-the-art water delivery systems that incorporate integrated water delivery, designer shower walling, and an exclusive range of appealingaccessories. | $1.9M | Venture - Series Unknown | Apr 25, 2022 |  |
| iPac Packaging Innovations | iPac has been created to offer innovative packaging solutions to the food processor and retailer. iPac has extensively researched the key drivers required and is concentrating on the 4 major trends - Food Waste, Function, Environment, Appeal and Impact. iPac has a team of experienced professionals ready to advise and solve your food packagingchallenges. The key members of their team have a vast knowledge of the food industry gained in some of the leading organisations. | $2.9M | Venture - Series Unknown | Apr 19, 2022 |  |
| RevLifter | RevLifter personalises deals for retailers across any marketing channel.The platform uses AI to understand real-time signals from users onsite behaviour to deliver the right deal to the right customer at the right time, to achieve the advertiser’s goals. It works by personalising offers on a retailer’s site and off-site which are designed todeliver incrementally and prevent customers leaving to look for deals on competitors. The platform is uniquely used by each retailer to deliver their specific goals, which often include; more new customers, higher AOV, and conversion rates. RevLifter is available worldwide, rapid to integrate and paid on performance. | $3.9M |  | Mar 22, 2022 |  |

10 of 30 investments shown.

## Co-investors
- [Finance Durham Fund](https://shizune.co/investors/profile/finance-durham-fund) — VC Fund, 9 deals together
- [Maven Capital Partners](https://shizune.co/investors/profile/maven-capital-partners) — VC Fund, 7 deals together
- [The Future Fund](https://shizune.co/investors/profile/the-future-fund) — VC Fund, 4 deals together
- [NPIF Maven Equity Finance](https://shizune.co/investors/profile/npif-maven-equity-finance) — VC Fund, 3 deals together
- [Gresham House Ventures](https://shizune.co/investors/profile/gresham-house-ventures) — VC Fund, 2 deals together
- [Puma Private Equity](https://shizune.co/investors/profile/puma-private-equity) — VC Fund, 2 deals together

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## FAQ

### What does North East Development Capital Fund invest in?

North East Development Capital Fund invests primarily in E-Commerce, Manufacturing and Software startups, most often at Venture - Series Unknown and Funding Round stage. Most of the 30 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is North East Development Capital Fund's check size?

North East Development Capital Fund typically joins rounds of $2.1M–$4M at Series A and $37k–$3.4M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds North East Development Capital Fund participates in.

### When did North East Development Capital Fund last invest?

The most recent investment recorded for North East Development Capital Fund closed in Oct 2024. Shizune tracks 30 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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