D

Development Bank of Wales

215 employees

Development Bank of Wales provides flexible finance for businesses based in Wales.

Investor insights

Countries invested in

united kingdom2

Sectors invested in

Software37
Health Care31
Manufacturing22
Information Technology22
Biotechnology21
Medical15
SaaS12
Internet11
Medical Device10
Machine Learning10
Artificial Intelligence9
Life Science9
Education9
Analytics8
Pharmaceutical7
Health Diagnostics7
Automotive7
Electronics7
Oil and Gas6
Cyber Security6

Funding rounds participated in

$907K sweet spot round size

Most of their 218 investments are in rounds between $400K and $2.2M

Investor type

Government Office
Micro VC

Basic info

Industry

banking

Sectors

Commercial
Commercial Lending
Financial Services
Finance
Banking
Venture Capital

Date founded

2001

Investments made

K

Kubos Semiconductors raised $894K on August 2, 2023

Investors: Innovate UK and Development Bank of Wales

M

MamGu Welshcakes raised $49K on May 25, 2023

Investors: Development Bank of Wales

M

Mallows Beauty raised undisclosed on May 18, 2023

Investors: Development Bank of Wales

M

Mallows Beauty raised undisclosed on May 18, 2023

Investors: Development Bank of Wales

H

Halo Therapeutics raised $1.9M on May 17, 2023

Investors: Development Bank of Wales

C

CanSense raised $1.8M on March 8, 2023

Investors: - and Development Bank of Wales

S

SpaceBands raised $896K on February 17, 2023

Investors: Evergreen Mountain Equity Partners, Bristol Private Equity Club and Development Bank of Wales

H

Hut Six Security raised $400K on February 6, 2023

Investors: Waterloo Foundation, Wesley Clover and Development Bank of Wales

I

IQ Endoscopes Limited raised $6.4M on January 25, 2023

Investors: Development Bank of Wales

U

Undisclosed raised undisclosed on January 23, 2023

Investors: Fuel Ventures and Development Bank of Wales

FAQ