Dave Foreman, CEO of the newly created PXN Group, formed with the merger of Praetura Ventures and Par Equity.

Interview

August 5, 2025

Newly-formed VC firm PXN plots ‘golden triangle’ for north of UK

The newly created £670m PXN Group has is aiming to take on the dominance of London, Oxford and Cambridge in the UK

Tom Nugent

7 min read

There’s an ongoing debate in the PXN offices, Dave Foreman tells me on a video call from his base in Manchester, about what to call a new “golden triangle” of the north of the UK.

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Tom Nugent

Tom Nugent is Sifted’s managing editor. He covers university spinouts and robotics. Follow him on X and LinkedIn

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