The National Wealth Fund is a UK government-owned investment institution that mobilises private capital for clean energy, industrial transformation, and regional growth. It was rebranded from the UK Infrastructure Bank in October 2024 and has £27.8 billion (~$36.9 billion) of core capitalisation to deploy across transformational UK projects.
Average disclosed round size is $162.2M (across 4 rounds with reported amounts).
Portfolio
5
Fund Size
$36.9B
Top Stage
Unknown
Last 12 Mo
0
Team
Adrian Peacock
Managing Director
James Thelwell
Managing Director
Chloe Evans
Assistant Director
Eddie McAvinchey
Director
Jeremy Barker
Director
Peter Clifton
Director
Leah Higgins
Analyst
Craig Fairey
CFO
Maki Saso
Manager
Colin Hudson
Managing Director
Ingrid Edmund
Managing Director, Private Sector Finance
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Pulpex | Series D | — | Feb 2025 |
 PragmatIC Semiconductor | Unknown | $182M | Jan 2023 |
 Pragmatic | Unknown | $182M | — |
| PPragmatic Semiconductor LIMITED | Unknown | $182M | — |
| OOXA AUTONOMY Ltd. | Unknown | $103M | — |
Top Co-Investors
Last updated: 8 September 2026