Published: August 15, 2026 at 9:53 am
Northern Gritstone, the investment company scaling early-stage life sciences and technology companies in the North of England, is opening an office in San Francisco.
Chief executive Duncan Johnson said the move will give the company better access to US capital.
He said: “It means you can grow quicker, because the US is better at procuring, and their risk appetite for technology is higher. It allows us to recruit more talent into our businesses.
“UK companies trade at a discount in the US, and capital is good at finding opportunities. But you’ve got to make the effort to go and make it easy for them.”
Five of Northern Gritstone’s portfolio companies already have US investors, including B+ Series companies Pragmatic Semiconductor, Iceotope and Phagenesis.
Active since May 2022, Northern Gritstone has already made 50 investments.