Development Bank of Wales
We want to unlock potential in the economy of Wales by increasing the provision of sustainable, effective finance in the market. For Wales to prosper, our businesses need to prosper When our businesses thrive, they create a higher number of better quality jobs. We’re a unique resource for Wales and can support businesses at all stages.
We’re forward thinking investors who understand the challenges businesses face. We can support Welsh businesses in the following ways:
· Loans from £1,000 - £5 million to start, strengthen or grow your business
· Loans and equity investment from £50,000 to £5 million for established businesses
· Seed finance for pre-revenue tech start-ups
· Equity investment for early stage and mature technology-based businesses
· Finance up to £5 million to buy a business (business owners and management teams)
· Co-investment from banks, corporate investors, syndicates, angels and other lenders
· Angels Invest Wales connects experienced investors with businesses seeking private investment and is part of the Development Bank of Wales
· Strong links with university research centres, regional incubators and access to additional business development support in Wales Additional Information
| Website | http://www.developmentbank.wales |
| Investor Type | Venture Funds |
| Does this organisation invest or provide business funding? | Yes |
| Investment Stage | Seed, Start-Up |
| Investment Opportunities | Yes |
| Regions Covered | Wales |
| Sectors Considered | Advertising and Publishing, Aerospace and Defence, Automobile and Transport, Business Products and Services, Clean Tech and Eco Innovation, Computing and Electronics, Consumer and e-commerce, Consumer Technology, Creative Arts and Entertainment, Digital Media and Content, Fashion and Design, Fin Tech, Financial and Professional Services, Food and Drink, Healthcare, Med Tech and Digital Health, Internet of Things, Life Sciences, Logistics and Distribution, Materials and Manufacturing, Mobile and Telecoms, Renewables and Energy, Retail, Social Impact |
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News
Online knowledge sharing platform launches to close the tech skills gap
A Welsh technology entrepreneur has launched an online learning community to help close the growing digital...
Loopster secures Development Bank of Wales led funding for platform offering sustainable shopping solutions
Loopster, the online platform which closes the loop between the use and reuse of second-hand clothes,...
Economic Intelligence Wales reports early effects of pandemic on Welsh Businesses in 2020 Annual Report
The report highlights the initial effects of the pandemic on the Welsh economy and details subsequent...
Development Bank of Wales backed Cariad Glass offer lockdown creativity with Make at Home Mosaic kit
Stained Glass artists Cariad Glass have seen a boost in online sales during lockdown after developing...
Investment in Welsh businesses tops £100 million for the Development Bank of Wales
The Development Bank of Wales has reported a record 457 investments totalling £103.3 million in the...
Easing out of lockdown, what Welsh businesses are doing to survive and thrive
The Covid 19 Pandemic has created challenges for the global economy. Essential measures to curb the...
NPIF – FW Capital Debt Finance hits £20M investment milestone in Manchester
FW Capital has announced it has now invested £20M to support Greater Manchester-based businesses through NPIF...
£250,00 investment for Welsh Mountain Zoo to protect animals and jobs
A £250,000 loan for the Welsh Mountain Zoo will help to safeguard 140 different species of...
Development Bank of Wales-backed bath product retailer Gaea launches online shop as orders soar
Cruelty-free bath product start-up Gaea opened their first shop in Caerphilly town centre at the end...
Agxio secures £750,000 to scale AgriTech innovation and AI across UK
Aberystwyth based Agxio has completed a £750,000 equity investment round to support the development of advanced...
Welsh investors back X4 as Sourcemogul storms the US
Caerphilly based X4 Software Limited has secured follow-on investment of £175,000 from the Development Bank of...
Cycle insurer Bikmo raises £1.8m to support global cycling boom
Expert cycle insurance provider Bikmo has secured its first venture capital funding of £1.8 million (Series...
Port Talbot-based Hybrisan secures £500,000 to help fight Covid-19
Port Talbot-based Hybrisan has joined the fight against the Covid 19 pandemic having secured £500,000 equity...
Development Bank of Wales Delivers £2.9 million for The Goods Shed
The transformation of a Victorian railway building into an entertainment and business complex is nearing completion...
First-to-market Covid-19 antibody testing kit with over 98% accuracy launched by Forth
New Covid-19 antibody home test kit available from Forth Test has CE marking for use across...
Nolan UPVC completes multi-million management buy-out
A Carmarthen carpenter has led his management team to complete a multi-million management buy-out of the...
Welsh medtech firm receives significant investment to help development of Covid-19 test
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Yoello and FOR Cardiff launch mobile web-app to financially support local businesses during Covid-19
Cardiff based fintech company Yoello has joined forces with non-profit organisation FOR Cardiff to launch a...
Bot-Hive successfully completes Development Bank of Wales led fundraising round.
Cardiff, April 29, 2020: Bot-Hive, a digital marketplace for robotics and AI solutions has successfully completed...
£36 million awarded to 585 businesses in just three weeks
585 businesses across Wales have been awarded funding totalling £36 million by the Development Bank of...
£100 million for 112 property developments in Wales
Latest figures published by the Development Bank of Wales show over £100 million invested in residential,...
Didsbury Gin switches production to hand sanitiser
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BookingLive launches free call and email deflector tool for local Government organisations
Online booking and reservation software provider BookingLive is making their free call and email deflector tool available...
FDA clears Creo’s new endoscopy device
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£100 million Development Bank of Wales loan scheme fully subscribed in first week
The Covid-19 Wales Business Loan Scheme is fully subscribed after more than 1,500 applications were received...
Vizolution becomes first ever Welsh company to make Tech Nation Future Fifty growth programme
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Coronavirus: what support is available to Welsh businesses?
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£375,000 to develop Better Boards
Board evaluation and board development specialists Better Boards has secured a £250,000 equity investment from the Development...
£20,000 Boom for Pembrokeshire sailors to open second centre in Lydstep
Watersport and sailing enthusiasts will be setting sail from Lydstep when the Pembrokeshire Performance Sailing Academy...
Just Play Golf in Penrhys driving community support after £50k loan from Development Bank of Wales
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New scheme to help people in Wales build their own home
A new £210m scheme to assist people build their own home, helping to increase the supply...
Family homes built with FW Capital North East Property Fund investment
A development of family homes has been made possible with a £375,000 investment by the North...
Fresh look for Knighton’s Costcutter will help community thrive
The Development Bank of Wales has invested £200,000 to support the leasehold purchase and refurbishment of...
Development Bank of Wales appoints Rhys Jones
The Development Bank of Wales is delighted to announce the appointment of Rhys Jones as a...
Development Bank of Wales invests in mobile payments innovator Yimba
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Science-led testing designed for athletes benefits from investment boost
The winners of the ‘Welsh Innovation of the Year Award’ at the Welsh SME Business Awards...
£300,000 investment by Ufi and the Development Bank of Wales to inspire bright young futures
Newport-based early years education technology specialists Kinderly has secured a £300,000 investment to help give children...
BookingLive secures £1.31m investment to fund expansion to US from new HQ in Wales
BookingLive has secured £1.31 million in new investment from Blackfinch Ventures and the Development Bank of...
First investment from £55 million Wales commercial property fund – Minister for Economy and Transport welcomes investment in Aberystwyth
Work on the third phase of Glan yr Afon Industrial Estate in Aberystwyth has begun with...
Make-over for home of the #coffiheads
Coffi heads are enjoying a new experience in Cardiff Bay following a refurbishment and extension of...
New owners for Lamphey Hall hotel after Development Bank of Wales support
A popular hotel in a Pembrokeshire beauty spot has secured a bright new future after being...
Snowdrop Opens New Independent Living Shop in Cardiff
Snowdrop Independent Living has opened a new mobility aid showroom in Cardiff. Taking over Hearing and...
Blog: Don’t ‘sweat’ the equity – avoiding costly mistakes for start-ups
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Capitalising on Cardiff’s tech boom
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Car subscription service Wagonex moves to Cardiff Tech Hub
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£50m investment milestone for FW Capital and Northern Powerhouse Investment Fund across the North
In just two and a half years, FW Capital has invested £50m from the Northern Powerhouse Investment...
Closing the gap between small, medium and large enterprises in Wales
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Pinpoint Secures New Investment To Develop ImpactAir® Range
Pinpoint Scientific, specialist product designers and manufacturers of environmental monitoring solutions for the pharmaceutical and related...
TREGROES WAFFLES RAMPS UP PRODUCTION
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Swansea based Medical Connections completes management buy-out
Swansea based Medical Connections Limited has successfully completed a management buy-out. The medical imaging software toolkit...
Technology venture investment specialists boost Wrexham team
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Cariad Hair turns heads with £7,000 fast-track loan
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Growth for Hungarian food company in Ceredigion
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Mum’s artisan skincare company expands with the help of a £45,000 Development Bank of Wales loan
When George Jones’ son developed terrible eczema as a child, she was unable to find any...
£2 million funding for the third sector in Wales
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Modest Trends Makes A Fashion Statement With £12,000 Investment
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Vizolution flies flag for Wales with ranking on Sunday Times Tech Track 100
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Wagonex Limited, the car subscription marketplace platform announces significant equity funding round as it looks to bolster growth in the UK and beyond
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Llandudno’s old Lifeboat Station is home to new climbing centre
A new indoor climbing centre has opened in the old boathouse in Llandudno, thanks to a...
Economic Intelligence Wales’ first annual report highlights confidence in Welsh business sector despite UK uncertainty
Small to medium enterprises (SMEs) in Wales have higher levels of confidence than their UK counterparts,...
Bombora makes waves in Pembrokeshire
Innovative wave energy technology developer Bombora has secured a seven figure working capital facility with the...
ANGLESEY ICE CEAM PARLOUR, RED BOAT SAILS TO EXPANSION
It’s been serving the Anglesey community delicious gelato for the past 10 years. Now more and...
Swansea start-up QuoteOnSite secures £350k in equity seed funding round
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Owen & Owen, land and estate management, successfully completes ambitious equity purchase
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UK based company OXIS Energy goes into mass production of lithium sulfur cells
OXIS Energy is to establish the first ever manufacturing plant for the production of electrolyte and...
Bionema raises £180,000 for its ongoing biopesticides development
Bionema Ltd, a biotech company, announces the completion of £180,000 equity investment, led by private investors...
Simon Thelwall-Jones takes over growing technology team at the Development Bank of Wales
Experienced equity investor Simon Thelwall-Jones has joined the development bank as Technology Venture Investments Director, following...
Challenger Mobile Communications set for growth
Business to business (b2b) telecoms provider Challenger Mobile Communications is targeting growth after a management succession...
Development Bank invests £80m in Welsh businesses
The Development Bank of Wales’ first full year has helped even more Welsh businesses to grow....
Design Graduate secures £350k in Angel Funding to scale Luxury home brand
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SOFTWARE FIRM SECURES £1.1M FUNDING
Innovative Welsh firm OpenGenius has secured funding of £1.1m. With the backing of an equity investment...
NEMESIS BIOSCIENCE EXPANDS DEVELOPMENT FACILITY IN ABERYSTWYTH
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Sports Injury Fix gears up for growth
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£1 million investment for Welsh start-up tackling a global, $2.5 trillion-dollar problem.
A start-up company that has discovered a safer, smarter way to tackle corrosion has secured a...
HEALTHCARE VIRTUAL REALITY START-UP SECURES MAJOR INVESTMENT IN WALES
Wales based angel investors and Development Bank of Wales invest £480,000 in Rescape Innovation A WELSH...
Healthcare tech start-up Forth secures investment from Development Bank of Wales
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Development Bank investment helps Vortex IoT continue rapid growth
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Healthcare firm receives £500,000 to develop innovative diabetic footcare device
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Careercake.com secures over £300,000 in latest round of funding
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Welsh CX company goes global with development bank and major banks funding
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£180,000 investment for Drone Evolution as first investment from the Wales Angel Co-investment Fund.
The Development Bank of Wales’ latest fund, the Wales Angel Co-investment Fund, will provide its first...
Four lead Angels prepare to invest in Wales
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Angels Invest Wales confirm £400,000 For DAS
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Welsh producer of sustainable modified timber receives £7.5m investment from Downing LLP, the Development Bank of Wales and Woodford Investment Management
LIGNIA Wood Company, a producer of sustainable modified wood, has secured £7.5 million, comprising £3 million...
Development Bank of Wales launches £8 million Angel Co-investment Fund
Ken Skates, Cabinet Secretary for Economy and Transport has formally launched a new £8 million fund...