Development Bank of Wales Overview
- Investor Type
-
Growth/Expansion
- Status
-
Active
- Professionals
-
99
- Investments
-
441
- Portfolio
-
119
- Exits
-
168
Development Bank of Wales General Information
Company Description
Founded in 2000, Development Bank of Wales is a venture capital investment 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 across 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 (441)
Development Bank of Wales’s most recent investment was a with TourHound for . The deal was made on 19-Oct-2026 with as the lead partner.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| TourHound | 19-Oct-2026 | Information Services (B2C) | Generating Revenue | |||
| Cambridge Electric Cement | 05-Oct-2026 | Raw Materials (Non-Wood) | Generating Revenue | |||
| Kubos Semiconductors | 03-Aug-2026 | Application Specific Semiconductors | Generating Revenue | |||
| Design & Supply | 26-May-2026 | Building Products | Generating Revenue | |||
| K3 Metrology | 08-Apr-2026 | Seed Round | Electronic Equipment and Instruments | Generating Revenue |
Development Bank of Wales Exits (168)
Development Bank of Wales has made a total of 168 exits. Its latest exit was from Zero (UK) on 18-Aug-2026. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Zero (UK) | 18-Aug-2026 | ||
| Validient | 28-Jul-2026 | ||
| Warwick Acoustics | 25-Jun-2026 | ||
| Envolve | 16-Jun-2026 | ||
| Hybrisan | 05-Jun-2026 | Merger/Acquisition |
Development Bank of Wales Fund Performance
| Fund Name | Vintage | Size | Dry Powder | DPI | RVPI | TVPI | IRR |
|---|
Development Bank of Wales Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Development Bank of Wales Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| FW Capital (England) | Billingham, United Kingdom | 2010 | |
| Angels Invest Wales | Wrexham, United Kingdom | 2002 | |
| Xénos | Cardiff, United Kingdom | 1997 |
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 investment 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 441 investments.
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What has Development Bank of Wales invested in?
Development Bank of Wales has made numerous investments in companies like TourHound, Cambridge Electric Cement, and Kubos Semiconductors within the Information Services (B2C), Raw Materials (Non-Wood), and Application Specific Semiconductors industries.
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What has Development Bank of Wales invested in recently?
Development Bank of Wales's latest investment was on 19-Oct-2026 in TourHound, a company within the Information Services (B2C) industry.
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