Development Bank of Wales

Holyhead Shellfish Ltd flooded with demand following start-up loan help from the Development Bank of Wales

Royal Navy veteran, Sion Riley’s fish catches have been in high demand since he launched Holyhead...

Development Bank of Wales backed Alesi Surgical strikes exclusive deal with Olympus for distribution of Ultravision Surgical Smoke Management System in the US

Alesi Surgical announces today that it has entered into an exclusive agreement with Olympus – a...

LDC-backed Onecom makes first acquisition with Glamorgan Telecom Group

Onecom, the UK’s largest independent business telecommunications provider, has acquired the Glamorgan Telecom Group for an undisclosed...

Covid-19 Wales Business Loan Scheme

Final figures have been published by the Development Bank of Wales today for the £100m Covid-19 Wales...

Investment in the adventure of a lifetime

A Denbighshire adventure tours business is looking forward to better times ahead having secured a significant...

Tom Hannaby completes seven-figure majority share MBO of Caerphilly CB Refrigeration

Tom Hannaby has completed the management buy-out of Caerphilly based CB Refrigeration. Having joined the business...

Insuring cryptocurrency: Coincover fuels growth with latest investment round

The cryptocurrency market is heating up with significant growth in 2020 and a new wave of...

Wesley Clover and Development Bank of Wales lead latest investment for Codeherent

Codeherent is delighted to announce the completion of a funding round raising £400,000. Confidence in Codeherent’s...

The Ethikos Group completes Gilks acquisition following a seven-figure loan from the Development Bank of Wales

The Ethikos Group, a Deeside-based acquirer of engineering businesses, has completed the purchase of electrical and...

Development Bank of Wales completes successful exit from Pwinty

The Development Bank of Wales has confirmed its exit from Pwinty, the Cardiff-based API platform that...

Experienced technology investor Colin Batten joins Development Bank of Wales team

The Development Bank of Wales has further expanded its technology investments team with a new hire....

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

A leading Welsh medtech company has received significant equity funding to develop the digital element of...

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

FW Capital-backed Didsbury Gin has announced it will be providing Greater Manchester Police with disinfectant products...

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

Creo Medical Group plc has received  ‘510k’ US Food & Drug Administration (FDA) clearance for a new...

£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

Vizolution, a Port Talbot-based customer experience (CX) technology provider, has been unveiled as the first ever...

Coronavirus: what support is available to Welsh businesses?

Businesses across the UK are facing an unprecedented challenge due to the outbreak of coronavirus. Fortunately,...

£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

Just Play Golf has received a £50,000 micro loan from the Development Bank of Wales to...

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

The Development Bank of Wales has invested £250,000 in Yimba, a fintech multimedia and marketing platform...

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

Starting a new business is an exciting time with many questions to be answered and decisions...

Capitalising on Cardiff’s tech boom

Cardiff offers a skilled workforce and funding for tech companies looking for like-minded innovators. Once the biggest coal exporting port in the world, Cardiff has transformed itself...

Car subscription service Wagonex moves to Cardiff Tech Hub

Wagonex, the car subscription service, today announced they have completed​ their move to Cardiff. This milestone is...

£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

Economic Intelligence Wales (EIW) publishes latest report on medium-sized firms and Welsh business structure More can...

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

A six-figure investment from the Development Bank of Wales will enable a waffle company to expand...

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

Life has gone full-circle for technology venture investment specialist Mike Bakewell as he has joined the...

Cariad Hair turns heads with £7,000 fast-track loan

A Cardiff-based business owner has been able to revamp his hair salon and expand chair rental...

Growth for Hungarian food company in Ceredigion

A family-run Hungarian food and drinks company in Ceredigion has received a £20,000 loan from the...

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

Wales Council for Voluntary Action (WCVA) and Landsker Business Solutions have been appointed by the Development...

Modest Trends Makes A Fashion Statement With £12,000 Investment

A businesswoman has achieved her dream of opening a shop in Cardiff to sell clothes that...

Vizolution flies flag for Wales with ranking on Sunday Times Tech Track 100

Vizolution, a Port Talbot-based customer experience technology provider, is the only Welsh company to feature on...

Wagonex Limited, the car subscription marketplace platform announces significant equity funding round as it looks to bolster growth in the UK and beyond

The latest investment round for Wagonex was led by the Development Bank of Wales technology ventures...

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

QuoteOnSite announces cash injection to facilitate aggressive growth over the next 12 months thanks to investment...

Owen & Owen, land and estate management, successfully completes ambitious equity purchase

Lloyd James, Partner at Owen & Owen has completed the equity purchase of the business thanks...

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

Jenny Kate creates luxury British homeware products inspired by nature to bring the outdoors into your...

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

Nemesis Bioscience today announced the expansion of its presence in Aberystwyth by opening a new pre-clinical...

Sports Injury Fix gears up for growth

Sportsinjuryfix.com has had a further boost to its ongoing success with the appointment of two prestigious...

£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

Innovative biometric tracking service, Forth, which helps people to navigate their way to better health using...

Development Bank investment helps Vortex IoT continue rapid growth

A Swansea-based Internet of Things (IoT) company has received a six-figure investment from the Development Bank...

Healthcare firm receives £500,000 to develop innovative diabetic footcare device

Thermetrix Ltd has secured £500,000 investment for their latest venture to support the development of a...

Careercake.com secures over £300,000 in latest round of funding

Online learning platform re-brands to help employees “Power Up” their career development Cardiff-based online learning platform,...

Welsh CX company goes global with development bank and major banks funding

Port Talbot headquartered Vizolution will be expanding in North America and South America following a recent...

£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

Four of Wales’ top entrepreneurs have been named as the first four lead investors for the...

Angels Invest Wales confirm £400,000 For DAS

Angels Invest Wales has closed its second Wales Angel Co-investment Fund deal with a £400,000 seed...

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...