Development Bank of Wales Overview
- Investor Type
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Venture Capital
- Status
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Active
- Professionals
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68
- Investments
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409
- Portfolio
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128
- Exits
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139
Development Bank of Wales General Information
Company Description
Founded in 2000, Development Bank of Wales is a venture capital firm based in Wrexham, United Kingdom. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies operating in B2B, commercial products, services, healthcare, TMT, SaaS, life sciences, and technology sectors based in Wales.
Business Details
Investor Status
Trade Association
Primary Investor Type
Other Investor Types
Corporate Office
- Yale Business Village, Ellice Way
- Unit J
- Wrexham LL13 7YL
- Wales, United Kingdom
Development Bank of Wales Investments & Acquisitions (409)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| 10six Games | 02-Apr-2025 | Seed Round | Entertainment Software | Stealth | ||
| Lumin (Enterprise Systems (Healthcare)) | 11-Mar-2025 | Enterprise Systems (Healthcare) | Generating Revenue | |||
| Driverly | 18-Feb-2025 | Automotive Insurance | Generating Revenue | |||
| IQ Endoscopes | 10-Feb-2025 | Diagnostic Equipment | Generating Revenue | |||
| Afon Engineering | 16-Jan-2025 | Construction and Engineering | Generating Revenue | |||
| Pelly. | 15-Jan-2025 | Business/Productivity Software | Startup | |||
| AMPED PCR | 18-Dec-2024 | Medical Supplies | Generating Revenue | |||
| Bikmo | 16-Dec-2024 | Automotive Insurance | Generating Revenue | |||
| Coffi Lab | 13-Dec-2024 | Later Stage VC | Restaurants and Bars | Generating Revenue | ||
| Llusern Scientific | 13-Dec-2024 | Seed Round | Diagnostic Equipment | Generating Revenue |
Development Bank of Wales Exits (139)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Health & Her | 30-Oct-2024 | Merger/Acquisition | |
| Coursematch | 28-Aug-2024 | ||
| Stratigens | 27-Aug-2024 | ||
| Cloud.IQ | 25-May-2024 | ||
| Aparito | 24-May-2024 | ||
| Pinpoint Scientific | 30-Mar-2024 | ||
| Route Konnect | 21-Mar-2024 | ||
| Leanvation | 01-Feb-2024 | ||
| Paperclip (Information Services (B2C)) | 01-Dec-2023 | Merger/Acquisition | |
| Stills Branding | 01-Oct-2023 | Secondary Transaction - Private |
Development Bank of Wales Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Development Bank of Wales Co-Investors (169)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| SFC Capital | 8 |
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| Angels Invest Wales |
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| Innovate UK |
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| Welsh Government |
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| Wesley Clover International |
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Development Bank of Wales Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| FW Capital | Liverpool, United Kingdom | 2010 | |
| Xénos | Cardiff, United Kingdom | 1997 | |
| Angels Invest Wales | Wrexham, United Kingdom |
Development Bank of Wales FAQs
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What is Development Bank of Wales?
Founded in 2000, Development Bank of Wales is a venture capital firm based in Wrexham, United Kingdom.
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When was Development Bank of Wales founded?
Development Bank of Wales was founded in 2000.
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Where is Development Bank of Wales headquartered?
Development Bank of Wales is headquartered in Wrexham, United Kingdom.
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What is Development Bank of Wales's total asset value?
Development Bank of Wales has around in total assets under management.
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How many investments has Development Bank of Wales made?
Development Bank of Wales has made 409 investments.
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What has Development Bank of Wales invested in?
Development Bank of Wales has made numerous investments in companies like 10six Games, Lumin (Enterprise Systems (Healthcare)), and Driverly within the Entertainment Software, Enterprise Systems (Healthcare), and Automotive Insurance industries.
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What has Development Bank of Wales invested in recently?
Development Bank of Wales's latest investment was on 02-Apr-2025 in 10six Games, a company within the Entertainment Software industry.
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