Development Bank of Wales
Status
ACTIVE
Global HQ
Cardiff, United Kingdom
Countries of investment
- United Kingdom
Investment stages
- Seed
- Series A
- Series B
Industries
- Health Tech
About
The Development Bank of Wales provides patient capital to Welsh startups and scale-ups, helping them grow across various sectors. The bank’s funding solutions are designed to be flexible, offering long-term support to companies as they scale and expand. By supporting job creation and stimulating co-investment, the bank plays a vital role in Wales’ economic development, providing Welsh companies with the capital they need to succeed while fostering innovation and growth in the region.
The Development Bank of Wales provides patient capital to Welsh startups and scale-ups, helping them grow across various sectors. The bank’s funding solutions are designed to be flexible, offering long-term support to companies as they scale and expand. By supporting job creation and stimulating co-investment, the bank plays a vital role in Wales’ economic development, providing Welsh companies with the capital they need to succeed while fostering innovation and growth in the region.
Investment Thesis
The Development Bank of Wales invests patient capital in Welsh startups and scale-ups to stimulate economic development and job creation. Its thesis is centered on supporting innovative Welsh businesses through flexible funding models, enabling long-term sustainable growth. By partnering with private investors, the bank fosters co-investment and accelerates the growth of promising regional companies.
Manager's Experience
Public sector-backed team with investment experience in regional economic growth, focused on supporting SMEs and scale-ups in Wales.
Team
Sally Bridgeland – Chair
Mike Owen – Group Investment Director
Rhian Elston – SMT/Investment.
Portfolio
Delio
Vizolution
Stable
Lineat