North East Spinout Inspire Fund takes 15.1% stake in Magnitude Biosciences
Published
North East Spinout Inspire Fund LP, acting through NAVF GP, entered the register of Magnitude Biosciences, a screening services firm, as a new A ordinary holder.
NEIF (Northstar) exited its A ordinary holding, equivalent to 5.3% before the change. The filing does not name a recipient.
Northstar Nominees Limited, as nominee for investors in the Northstar EIS Growth Fund, entered with a 5.0% A2 ordinary holding.
Existing fund positions also increased, including those of the North East (ERDF) Innovation Fund, NPIF II Fund (Maven) and Finance Durham Fund (Maven). Filed on 27 August 2026 for the period 19 September 2025 to 27 August 2026.
Shareholder data
Source: Companies House confirmation statement (CS01) — period to , filed .
Changes in this confirmation statement
| Type | Shareholder | Shares | Change | Share classes |
|---|---|---|---|---|
| Exited | THE NORTH EAST (ERDF) INNOVATION FUND LIMITED PARTNERSHIP | 114,202 | — | A ORDINARY 114,202 |
| Exited | DURHAM FUND (MAVEN) | 15,000 | — | A ORDINARY 15,000 |
| New shareholder | THE NORTH EAST (ERDF) INNOVATION FUND LIMITED PARTNERSHIP ACTING BY ITS GENERAL PARTNER INNOVATION GP LIMITED | 181,950 | — | A ORDINARY 181,950 |
| New shareholder | NORTH EAST SPINOUT INSPIRE FUND LP (REGISTERED NUMBER LP024142) ACTING THROUGH ITS GENERAL PARTNER NAVF GP | 101,809 | — | A ORDINARY 101,809 |
| New shareholder | FINANCE DURHAM FUND (MAVEN) | 37,624 | — | A ORDINARY 37,624 |
| New shareholder | NORTHSTAR NOMINEES LIMITED AS NOMINEE FOR AND ON BEHALF OF CERTAIN INVESTORS IN THE NORTHSTAR EIS GROWTH FUND | 33,937 | — | A2 ORDINARY 33,937 |
| Increased | NPIF II FUND (MAVEN) | 60,124 | +60% | A ORDINARY 60,124 |
Current shareholders (8)
| Shareholder | Total shares | Share classes |
|---|---|---|
| THE NORTH EAST (ERDF) INNOVATION FUND LIMITED PARTNERSHIP ACTING BY ITS GENERAL PARTNER INNOVATION GP LIMITED | 181,950 | A ORDINARY 181,950 |
| TREERUNNER HOLDINGS LIMITED | 101,824 | A ORDINARY 101,824 |
| NORTH EAST SPINOUT INSPIRE FUND LP (REGISTERED NUMBER LP024142) ACTING THROUGH ITS GENERAL PARTNER NAVF GP | 101,809 | A ORDINARY 101,809 |
| NPIF II FUND (MAVEN) | 60,124 | A ORDINARY 60,124 |
| FINANCE DURHAM FUND (MAVEN) | 37,624 | A ORDINARY 37,624 |
| UNIVERSITY OF DURHAM | 37,400 | ORDINARY 37,400 |
| NORTHSTAR NOMINEES LIMITED AS NOMINEE FOR AND ON BEHALF OF CERTAIN INVESTORS IN THE NORTHSTAR EIS GROWTH FUND | 33,937 | A2 ORDINARY 33,937 |
| UK FF NOMINEES LTD | 32,109 | A ORDINARY 32,109 |
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