Development Bank of Wales

Development Bank of Wales is an independent venture capital firm established in 2001, headquartered in Cardiff, with additional offices across Europe. The organization focuses on providing commercial funding to small and medium-sized enterprises (SMEs) in Wales, investing both private and public funds, including EU resources. It specializes in various forms of financing, such as bridge financing, succession funding, project finance, and micro loans, catering to a diverse range of sectors including technology, healthcare, manufacturing, and services. The firm aims to support startups and established businesses alike, offering investments from £0.001 million to £2 million, with potential follow-on funding up to £5 million. Development Bank of Wales targets companies with a turnover of up to €50 million and a workforce of no more than 250 employees, fostering growth and innovation within the Welsh economy.

Mark Bowman

Venture Fund Manager

Bethan Cousins

New Business Director

Rhian Elston

Investment Director and Member of the Investment Committee

Rhodri Evans

Deputy Fund Manager

Carl Griffiths Ph.D

Technology Seed Fund Manager

Chris Griffiths

Technical Investment Director

Carl Griffiths

Technology Seed Fund Manager

Hannah Mallen

Techonology Venture Investment Graduate

Andrew Morris

Investor

Mike Owen

Group Investment Director

Cenydd Rowlands

Property Director

Nick Stork

Fund Manager

Giles Thorley

CEO and Board Member

284 past transactions

Tirion Homes

Debt Financing in 2025
Tirion Homes is a non-profit residential developer, owner, and estate manager focused on housing and community development.

Lumin Solutions

Pre Seed Round in 2025
Lumin Solutions is a start-up that has developed a case management system for use by child social care providers.

Nisien.AI

Seed Round in 2025
Nisien.ai provides artificial and human intelligence for effective and ethical online safeguarding.

ThinkEDI

Debt Financing in 2025
ThinkEDI is an app which collates, measures and tracks diversity and inclusion data.

Driverly

Seed Round in 2025
Operator of a financial brokerage company intended to sell car insurance. The company offers flexible monthly subscription plans with no cancellation fee on change or rectification additionally, has a test drive featured policy that is based on driving style, enabling customers to compare insurance prices and make buying decisions.

Pelly

Pre Seed Round in 2025
Pelly offers a platform for managing talent and streamlining decision-making and combines AI with a user interface to help sports organisations make data-driven decisions efficiently.

AMPED PCR

Seed Round in 2024
AMPED is a biotechnology company that specializes in the production of polymerase chain reaction (PCR) reagents. Its mission is to make PCR technology more accessible and affordable to scientists and innovators. AMPED achieves this by offering high-quality PCR reagents that outperform industry standards at a significantly lower cost. The company's approach includes distributed manufacturing and integrated automation, which further enhance affordability and accessibility.

Coffi Lab

Seed Round in 2024
Coffi Lab operates a dog-friendly coffee shop, offering high-quality coffee, inviting meeting spaces, and warm hospitality. Its mission is to create a welcoming environment where customers can connect, relax, and enjoy simple pleasures in the company of their pets.

Stable Resources

Venture Round in 2024
Stable Resources is an IT consultancy that offers Microsoft solutions in cloud adoption, analysis, security, and organizational training.

Stable Resources

Debt Financing in 2024
Stable Resources is an IT consultancy that offers Microsoft solutions in cloud adoption, analysis, security, and organizational training.

10six Games

Pre Seed Round in 2024
10six Games is a stealth-mode developer of micro games, having previously worked on massively multiplayer online real-time strategy (MMORTS) titles.

Barti Rum

Debt Financing in 2024
Barti Rum is a producer of spiced rum and alcoholic beverages. It blends Caribbean rum with traditional spices such as vanilla, clove, cinnamon, and citrus to create flavored rums with depth and balance. The company serves customers in Wales and focuses on craftsmanship and distinctive flavor profiles in its offerings.

Lineat Composites

Seed Round in 2024
Lineat is a manufacturer specializing in fiber tape products, particularly focusing on carbon fiber tapes produced through aligned formable fiber technology. This innovative approach allows for the creation of aligned discontinuous fiber tapes that demonstrate mechanical performance comparable to traditional continuous fiber composites. By simplifying the composite manufacturing process, Lineat enhances formability and streamlines both manual and automated operations. Additionally, the company has implemented a closed-loop water circulation system aimed at improving lifecycle assessment (LCA), reflecting its commitment to sustainability in production practices.

Llusern Scientific

Seed Round in 2024
Llusern Scientific operates molecular point-of-care testing centers, focusing on urinary tract infection diagnostics. Their innovative technology rapidly detects and identifies bacteria, empowering medical professionals to make prompt decisions and enhance patient care.

Kaydiar

Seed Round in 2024
Kaydiar is a medical device company focused on developing innovative offloading technologies for pressure injuries. Their product range includes orthotic devices, bed mattresses, wheelchair cushions, and prosthetic sleeves, all designed to reduce pressure on damaged skin or tissue, promoting cost-effective wound care.

Menna

Pre Seed Round in 2024
Menna is a financial company that provides artificial intelligence and advisory services.

PlantSea

Pre Seed Round in 2024
PlantSea is a company based in Gaerwen, England, that specializes in the manufacture and development of sustainable products utilizing seaweed and aquaculture materials. The company focuses on providing biodegradable alternatives to petroleum-based plastics, thereby aiming to minimize environmental damage. PlantSea offers biomaterials derived from seaweed and other organic substances that are naturally degradable and compostable. Additionally, the company supports seaweed aquaculture, promoting sustainable raw material production and contributing to carbon sequestration. Through its innovative products, PlantSea enables clients to meet their sustainability and environmental objectives.

Awen Oncology

Seed Round in 2024
Awen Oncology is a pre-clinical stage pharmaceutical company focused on developing novel cancer therapies. It specializes in targeting 'developmentally-silent oncogenic drivers', which are genes that contribute to cancer growth but are not typically targeted by existing treatments. The company's approach combines expertise in cell and molecular biology with advanced structural biology and in-silico drug screening to rapidly and efficiently identify and develop effective cancer treatments.

Mallows Beverages

Seed Round in 2024
Mallows Beverages is a beverage distribution company that specializes in natural fruit-based soft drinks and a range of alcoholic beverages. They produce and distribute refreshing, high-quality drinks using traditional methods and natural ingredients. Their product portfolio includes bourbon, gins, rums, and flavored liqueurs, catering to health-conscious consumers and specialty retailers seeking authentic, artisanal beverages.

SPORTTAPE

Venture Round in 2024
SPORTTAPE is an eCommerce store for sports tape products.

SPORTTAPE

Debt Financing in 2024
SPORTTAPE is an eCommerce store for sports tape products.

Argonaute RNA

Venture Round in 2024
Argonaute RNA is a biotechnology company focused on developing therapeutic medicines that leverage RNA interference (RNAi) to inhibit specific gene expression and combat various illnesses. The company’s innovative platform centers on a proprietary modification of small interfering RNA (siRNA), which enhances stability and safety while effectively silencing targeted genes. This approach addresses common challenges associated with RNA therapeutics, allowing for the development of effective treatments for life-threatening diseases by blocking the production of specific proteins. Argonaute RNA's research projects build upon existing intellectual property, positioning the company to advance its therapeutic opportunities in the field of RNA-based medicine.

Tendertec

Seed Round in 2024
Tendertec Limited, founded in 2017 and based in Cardiff, United Kingdom, specializes in developing advanced room sensing technology aimed at enhancing independent living for elderly and vulnerable individuals. The company’s flagship product, Tenderbox, is a safety and monitoring system that empowers care providers to effectively oversee the well-being of at-risk individuals. Utilizing artificial intelligence algorithms, Tenderbox processes data from proprietary sensors to detect emergencies, such as falls, and monitor daily activities and unusual behaviors. The system automatically alerts family members, caregivers, and emergency services in the event of an incident, enabling a timely and effective response. Tendertec is recognized for its innovative approach to personalized and preventative care, having received multiple awards for its contributions to the healthcare sector.

Kubos Semiconductors

Seed Round in 2024
Kubos Semiconductors Ltd, established in 2017 and headquartered in Cambridge, United Kingdom, specializes in the development and commercialization of semiconductors. The company focuses on cubic-GaN technology, which is used to produce high-efficiency, low-cost light-emitting diodes (LEDs). Kubos Semiconductors leverages its intellectual property to create wafers for LED manufacturers, aiming to enhance energy savings through advanced semiconductor solutions.

Hexigone Inhibitors

Venture Round in 2024
Hexigone aims to replace toxic chemicals used in the anti-corrosion market with our disruptive, novel, micro/nano reservoir technologies, creating 'smart' coatings. Our additives will enable the coatings to protect for longer in an intelligent manner, increasing the lifetime cycle of the end product, reducing the drain on primary resources.

Peppercorn

Seed Round in 2024
Peppercorn is an innovative insurance company that specializes in auto insurance and financial services. By leveraging advanced technology, including conversational AI, Peppercorn aims to enhance customer service experiences and empower clients with greater control over their insurance needs. The company has developed a customer service technology platform that combines data and artificial intelligence to create an automated self-serve system. This approach seeks to eliminate bureaucracy, streamline services, and reduce premiums for customers, transforming the traditional car insurance experience into a more efficient and user-friendly process.

Rebel Lion Advertising

Seed Round in 2024
Rebel Lion Advertising operates as a creative and advertise agency.

Prosper

Seed Round in 2024
Prosper is a financial services company focused on helping individuals enhance their wealth through transparent investment solutions. Founded with the aim of maximizing members' financial well-being, Prosper offers a comprehensive range of services, including pensions, investments, and savings accounts. The company emphasizes clarity in its fee structure, enabling clients to navigate the complexities of the financial landscape, particularly in the pensions sector. By providing tailored savings advice and long-term investment strategies, Prosper strives to empower individuals to achieve their financial goals effectively.

Clinithink

Venture Round in 2024
Clinithink Ltd is a UK-based healthcare software company that specializes in cloud-based data analytics solutions. Founded in 2009 and led by CEO Chris Tackaberry, Clinithink has developed innovative technologies, including its Clinical Language Indexing software (CLiX), which utilizes Natural Language Processing to transform unstructured clinical narratives into structured data. Its products, such as CLiX ENRICH, facilitate the collection and indexing of clinical trial data while allowing users to document information in their preferred narrative style. Additionally, Clinithink offers CLiX RARE, designed to assist in diagnosing genetic disorders in newborns. The company serves a diverse clientele, including healthcare providers, pharmaceutical companies, and content vendors, aiming to enhance data accessibility and improve decision-making within the healthcare sector.

Validient

Seed Round in 2024
Validient is a company that specializes in automated compliance and due diligence systems designed for law firms and regulated businesses. Its core offering is a unique assessment solution aimed at preventing money laundering and fraud through enhanced identity verification. Validient's secure management platform streamlines client validation and engagement processes, facilitating digital client onboarding and verification. By automating these essential steps in a client's legal journey—ranging from onboarding to matter engagement—Validient enables firms to improve their workflows and enhance transparency.

Hope Macy

Seed Round in 2023
Hope Macy is a growing financial technology company dedicated to assisting consumers in managing their finances, particularly targeting individuals who seek enhanced security and those in the subprime sector. The company offers a platform that enables users to monitor their bank transactions without the need to log into their bank accounts. This platform provides email alerts to detail spending activity and allows users to view comprehensive information about all transactions. By facilitating discussions regarding any unusual spending, Hope Macy empowers users to maintain oversight of their account activity and improve their financial management.

Bikmo

Series A in 2023
Bikmo Limited is a cycle insurance provider based in Chester, United Kingdom, founded in 2011. Originally established as a bike and kit comparison engine, the company transitioned to specialize in offering comprehensive insurance products tailored for cyclists. These products cover accidental damage, public liability, and theft, with a notable feature of no excess on replacements, ensuring riders are adequately protected. Renowned as an award-winning provider, Bikmo is dedicated to sustainable practices, emphasizing the importance of safeguarding both cyclists and the environments they enjoy. The company changed its name from 45NORTH LTD to Bikmo Limited in July 2017, reflecting its commitment to the cycling community.

clear_pixel VR

Angel Round in 2023
Clear Pixel VR is a company dedicated to enhancing education and training in the biomedical and pharmaceutical sectors through virtual reality technology. By creating realistic virtual lab environments, the company aims to facilitate the acquisition of essential skills and reduce the risks associated with traditional laboratory training. Its platform allows users to practice techniques with industry-standard equipment in a safe, waste-free setting, which is accessible at any time from various locations. This innovative approach not only supports university biomedical courses but also serves the training needs of internal teams within biomedical and pharmaceutical research organizations, enabling unlimited repetitions of procedures and experiments without the costs typically associated with physical lab training.

Tourhub

Seed Round in 2023
Tourhub's goal is to connect travelers with unique and intriguing adventures with the top tour operators, ensuring that we only show the most interesting trips.

Reel Label Solutions

Debt Financing in 2023
Reel Label Solutions is a digital and flexographic label printing company that specializes in providing cost-effective labeling services for various industries, including pharmaceuticals, chemicals, cosmetics, beverages, food, and electronics. The company offers a range of services, including digital inkjet and flexographic label printing, automatic inspection systems, and pre-press and origination services. By focusing on low to medium volume digital labels, Reel Label Solutions enables clients to receive customized printing solutions tailored to their specific needs at competitive prices. The company is dedicated to supporting its clients with high-quality printing services designed to meet diverse industry requirements.

Kubos Semiconductors

Grant in 2023
Kubos Semiconductors Ltd, established in 2017 and headquartered in Cambridge, United Kingdom, specializes in the development and commercialization of semiconductors. The company focuses on cubic-GaN technology, which is used to produce high-efficiency, low-cost light-emitting diodes (LEDs). Kubos Semiconductors leverages its intellectual property to create wafers for LED manufacturers, aiming to enhance energy savings through advanced semiconductor solutions.

Operati

Pre Seed Round in 2023
Operati is a technology company that specializes in providing software solutions for small and medium-sized enterprises (SMEs). Its primary product is a platform that streamlines project planning and estimation, helping SMEs, particularly manufacturers and installers, to manage their estimating and project planning processes more efficiently. The platform offers features such as product configuration, sales intelligence, price estimation, and resource planning, all aimed at enhancing enterprise management.

Stratigens

Pre Seed Round in 2023
Stratigens is a SaaS application that combines labor market, economic, and geography data to deliver strategic business decisions.

Something Different Wholesale

Debt Financing in 2023
Something Different Wholesale is a supplier and distributor of giftware and homeware products tailored for retail businesses. The company offers a diverse range of items, including general giftware, home accessories, garden products, figurines, decorative accessories, and stationery. With a focus on unique and everyday giftware, Something Different Wholesale provides retailers with the convenience of next-day delivery and has no minimum order value, allowing them to easily access a wide variety of products to meet their business needs. Additionally, the company emphasizes ethically sourced ranges, ensuring that its offerings align with responsible consumer values.

MamGu Welshcakes

Debt Financing in 2023
MamGu Welshcakes is a restaurant company.

Mallows Beauty

Debt Financing in 2023
Mallows Beauty is a vegan beauty brand that specializes in skincare products aimed at enhancing skin appearance. The company targets Gen Z and young millennials, promoting a message of self-care and mental well-being through its fun and creative approach. Mallows Beauty offers a diverse range of products, including face masks, serums, cleansers, and moisturizers, all formulated with natural ingredients. Committed to cruelty-free practices, the brand provides effective and affordable personal care solutions that resonate with its audience's values.

Mallows Beauty

Seed Round in 2023
Mallows Beauty is a vegan beauty brand that specializes in skincare products aimed at enhancing skin appearance. The company targets Gen Z and young millennials, promoting a message of self-care and mental well-being through its fun and creative approach. Mallows Beauty offers a diverse range of products, including face masks, serums, cleansers, and moisturizers, all formulated with natural ingredients. Committed to cruelty-free practices, the brand provides effective and affordable personal care solutions that resonate with its audience's values.

Halo Therapeutics

Seed Round in 2023
Halo Therapeutics, founded in 2020 and based in Bristol, England, specializes in developing antiviral therapeutics aimed at preventing illness. The company's research focuses on the structural characteristics of viruses, utilizing fatty acids in its formulations to effectively target and inhibit viral replication. Halo Therapeutics is particularly dedicated to advancing a pipeline of novel pan-coronavirus antivirals, including treatments specifically for COVID-19. By leveraging expertise in structural biology, virology, and computational chemistry, the company aims to provide patients with effective and sustainable home treatment options for viral infections.

2B Enterprising

Venture Round in 2023
2B Enterprising specializes in educational services designed for primary school students, focusing on cultivating an entrepreneurial mindset among young learners. The company offers an enterprise education program that inspires children through engaging online learning resources and interactive activities. These resources are tailored for independent use or can be integrated into complete lesson plans, allowing students to develop essential entrepreneurial behaviors and life skills. By fostering a supportive learning environment, 2B Enterprising aims to empower the next generation with the tools necessary for personal and professional growth.

CanSense

Seed Round in 2023
CanSense is a biotechnology company focused on developing an affordable and scalable blood test designed for the early diagnosis of bowel cancer, also known as colorectal cancer. The company's innovative technology aims to provide a non-invasive testing option that can be easily implemented in primary care settings. This approach not only enhances the accuracy of cancer detection but also helps healthcare professionals reduce the mortality rate associated with colorectal cancers. Additionally, CanSense's testing method seeks to alleviate the strain on healthcare resources by minimizing the need for unnecessary colonoscopies, thereby improving overall patient care and outcomes.

Zero Fintech

Seed Round in 2023
Zero is a new bank focussed on tackling the problem of how money and finance is not being used to address climate change. Our vision is for a world where money is a force for the good of the planet.

Antiverse

Seed Round in 2023
Antiverse is an innovative antibody discovery company that aims to transform drug development by leveraging a unique platform combining structural biology, machine learning, and medicine. The company specializes in predicting antibody-antigen binding and generating antibody drug candidates for challenging targets. By utilizing advanced machine learning techniques and cell-free protein synthesis, Antiverse enables pharmaceutical companies and contract research organizations to accelerate the discovery of antibody hits, ultimately making the drug development process more efficient and cost-effective. Through its commitment to advancing medical science, Antiverse seeks to create meaningful breakthroughs that can significantly impact patient lives.

spacebands

Seed Round in 2023
Spacebands develops innovative software and wearable technology focused on enhancing workplace safety. The company's flagship product is a wearable device that tracks social distancing and monitors decibel levels, alerting users through beeping and vibrating when they come too close to others wearing the device. This technology aims to provide an accessible and effective solution for social distancing and contact tracing, helping to create safer environments in various settings. By integrating real-time monitoring capabilities, Spacebands addresses the challenges of maintaining safety in shared spaces.

Hut Six

Seed Round in 2023
Hut Six Security Ltd., established in 2016 and headquartered in Newport, UK, specializes in designing and developing software for information security training. The company focuses on the human aspect of cybersecurity, offering cloud-based tutorials to raise awareness and promote corrective behavior among IT users. Its comprehensive solution aims to create secure cultures within organizations and mitigate human error, thereby protecting businesses from cyberattacks. The platform delivers adaptive and customized security awareness campaigns, featuring voiced and animated tutorials based on up-to-date case studies. It also provides real-time metrics through phishing simulations and assessments, enabling businesses to track and improve their security posture.

IQ Endoscopes

Series B in 2023
IQ Endoscopes specializes in the development of single-use flexible endoscopes that deliver comprehensive imaging of the entire gastrointestinal tract. This innovative healthcare technology aids in both diagnostic and therapeutic procedures, facilitating early detection of cancers. By enhancing the visualization of the gut, IQ Endoscopes supports healthcare professionals in making informed decisions, thereby potentially reducing overall costs within the medical industry. The company's focus on providing high-quality, single-use devices positions it as a key player in advancing gastrointestinal healthcare.

Finalrentals

Seed Round in 2023
Finalrentals is a car rental marketplace established in 2019, aimed at modernizing the car rental industry by enhancing visibility for local rental businesses and providing consumers with a wider array of choices at competitive prices. The company addresses the challenges faced by smaller car rental companies, which have historically been overshadowed by larger corporations with substantial marketing budgets. By offering a user-friendly platform, Finalrentals enables these local businesses to increase their e-commerce sales and reach more customers through various online channels. Over the past five years, Finalrentals has successfully integrated hundreds of local car rental providers, thereby empowering consumers with greater options and simplifying the car rental process.

Jellagen

Series A in 2022
Jellagen, established in 2013 and headquartered in Pembroke Dock, UK, specializes in harvesting jellyfish. The company's core business is the production of high-grade native collagen derived from jellyfish, which is used in various medical and research applications. Jellagen's collagen is suitable for tissue engineering, regenerative medicine, stem cell research, and diverse cell culture applications. The company supplies collagen in both solution and powder forms, catering to the needs of research institutions and medical facilities.

Driverly

Pre Seed Round in 2022
Operator of a financial brokerage company intended to sell car insurance. The company offers flexible monthly subscription plans with no cancellation fee on change or rectification additionally, has a test drive featured policy that is based on driving style, enabling customers to compare insurance prices and make buying decisions.

AGAM

Venture Round in 2022
AGAM is an innovative fintech company that focuses on providing access to finance through the development of advanced financial solutions. Its platform leverages artificial intelligence to assist banks in evaluating customers, allowing for the creation of credit histories even for those without prior financial records. AGAM offers a range of services, including nano finance, an AI-powered finance manager, embedded finance, and business finance, enabling businesses to secure instant financing. By simplifying the assessment process and expanding access to credit, AGAM aims to enhance financial opportunities and improve economic outcomes for its users.

Voltric

Pre Seed Round in 2022
Voltric is a company that specializes in providing subscription services for fully electric vehicles. It offers a comprehensive range of solutions, including electric car rental, insurance, road tax, breakdown cover, and maintenance and repair services. By managing the logistics of vehicle upkeep and connecting customers with mechanics, Voltric aims to simplify the ownership experience of electric cars. The company focuses on promoting sustainable mobility and reducing harmful emissions, making it easier for individuals to adopt environmentally friendly transportation options. Through its services, Voltric addresses the cost concerns associated with electric vehicles while supporting customers in their transition to greener alternatives.

Wagonex

Venture Round in 2022
Wagonex Limited is a UK-based company that specializes in a mobility-as-a-service platform, offering cars on subscription as an alternative to traditional ownership or leasing. Founded in 2016 and headquartered in Cardiff, Wagonex connects car providers with customers through its innovative platform, facilitating flexible contracts ranging from one month to two years. The service includes comprehensive offerings such as car repair, insurance, maintenance, and roadside assistance, allowing clients to enjoy the benefits of vehicle access without the associated responsibilities of ownership. As a pioneer in the UK car subscription market, Wagonex aims to address the common challenges of vehicle ownership by providing a seamless and flexible solution for consumers while enabling fleet partners to effectively manage and monetize their inventory.

Maggie Cross

Debt Financing in 2022
Maggie Cross make jewellery using traditional silversmithing techniques and recycled precious metals.

Midtec

Debt Financing in 2022
Midtec is a chimney cowl & flue terminals manufacturer company.

QLM Technology

Series A in 2022
QLM Technology Ltd., based in Bristol, United Kingdom, specializes in the development of advanced gas detection and imaging systems utilizing low-power tuneable diode lidar technology. Established in 2017, the company focuses on providing innovative solutions for natural gas producers, distributors, and service providers to identify gas leaks and monitor greenhouse gas emissions effectively. QLM's technology incorporates ultra-compact, high-precision quantum optical sensors that offer exceptional resolution for detecting and quantifying gas leaks from well-heads and pipelines. This capability enables clients to achieve fast, accurate, and cost-effective gas leak identification and monitoring, thereby enhancing safety and reducing operational costs in the oil and gas industry.

Level2.

Pre Seed Round in 2022
Level2 is a developer of a visual no-code quantitative strategy creation tool tailored for retail traders. The company focuses on providing an intuitive platform that empowers tech-savvy investors across various asset classes and demographic backgrounds. By eliminating the need for programming knowledge, Level2 enables individuals with varying levels of financial expertise to create and implement automated trading strategies. This approach allows users to enhance their investment decision-making processes and potentially increase their revenues, creating a more accessible trading environment for a diverse audience.

Reel Label Solutions

Venture Round in 2022
Reel Label Solutions is a digital and flexographic label printing company that specializes in providing cost-effective labeling services for various industries, including pharmaceuticals, chemicals, cosmetics, beverages, food, and electronics. The company offers a range of services, including digital inkjet and flexographic label printing, automatic inspection systems, and pre-press and origination services. By focusing on low to medium volume digital labels, Reel Label Solutions enables clients to receive customized printing solutions tailored to their specific needs at competitive prices. The company is dedicated to supporting its clients with high-quality printing services designed to meet diverse industry requirements.

Reel Label Solutions

Debt Financing in 2022
Reel Label Solutions is a digital and flexographic label printing company that specializes in providing cost-effective labeling services for various industries, including pharmaceuticals, chemicals, cosmetics, beverages, food, and electronics. The company offers a range of services, including digital inkjet and flexographic label printing, automatic inspection systems, and pre-press and origination services. By focusing on low to medium volume digital labels, Reel Label Solutions enables clients to receive customized printing solutions tailored to their specific needs at competitive prices. The company is dedicated to supporting its clients with high-quality printing services designed to meet diverse industry requirements.

Ceryx Medical

Seed Round in 2022
Ceryx Medical Limited is a biotechnology company based in Bath, United Kingdom, founded in 2016. The company specializes in developing and manufacturing innovative bio-electronic devices that utilize unique, patent-protected chip technology. These devices are designed to mimic Central Pattern Generators (CPGs), which are nerve centers in the body responsible for regulating various autonomic and rhythmical processes, including peristalsis, heart rate, and walking. Ceryx Medical aims to restore normal physiological functions that may be compromised due to disease or injury by employing artificial CPGs in their therapeutic devices.

The vale grocer

Debt Financing in 2022
The vale grocer offers delivery of veggie boxes. They offer a variety of organic goods for sale, such as pasta, beer, oats, and fruit. They provide weekly home delivery of seasonal vegetables.

Bond Digital Health

Venture Round in 2021
Bond Digital Health Ltd is a technology company focused on enhancing the healthcare sector through innovative cloud-based applications and software solutions. Founded in 2015 and headquartered in Cardiff, United Kingdom, the company primarily develops digital platforms aimed at bridging the information gap between patients and healthcare professionals. Its offerings include a commercial SaaS platform designed for point-of-care test and diagnostics developers, as well as solutions for electronic patient-reported outcomes (ePROs), which assist individuals managing chronic conditions like chronic obstructive pulmonary disease (COPD). Bond Digital Health's technology has evolved through strategic collaborations with industry leaders, addressing the needs of the point-of-care diagnostics market by providing tools for patient self-management, real-time data analytics, and comprehensive data aggregation. By ensuring compliance with regulatory standards, the company positions itself as a trusted partner across various sectors, contributing to improved health outcomes globally.

Glucose Republic

Seed Round in 2021
Glucose Republic is a company focused on improving metabolic health through biology-influenced software. It has developed a personalized nutrition application that provides users with tools to better understand their metabolic intake and responses. The software allows individuals to measure and predict how various foods and exercise impact their metabolism, thereby empowering them to make informed decisions about their diet and lifestyle. By offering a personalized intelligence system, Glucose Republic aims to help users optimize their health and well-being.

2B Enterprising

Seed Round in 2021
2B Enterprising specializes in educational services designed for primary school students, focusing on cultivating an entrepreneurial mindset among young learners. The company offers an enterprise education program that inspires children through engaging online learning resources and interactive activities. These resources are tailored for independent use or can be integrated into complete lesson plans, allowing students to develop essential entrepreneurial behaviors and life skills. By fostering a supportive learning environment, 2B Enterprising aims to empower the next generation with the tools necessary for personal and professional growth.

Concentric Health

Pre Seed Round in 2021
Concentric Health is a company focused on transforming health decision-making through its innovative e-consent application. The application enhances efficiency by addressing backlog issues and minimizing medico-legal risks through the use of trusted content. It aims to simplify complex processes for both patients and clinicians, fostering shared decision-making that is informed by patient outcomes. By providing a secure and auditable platform, Concentric Health improves the overall experience for users, ultimately leading to better health outcomes.

Forth

Venture Round in 2021
Forth is a digital healthcare company focused on transforming individuals' relationships with their health through technology. It is composed of a team of clinical and digital experts who develop a biometrics tracking platform that measures and monitors various health biomarkers. This platform presents results on a user-friendly dashboard, converting complex healthcare data into intuitive graphics. By providing consumers and recreational athletes with actionable insights, Forth empowers them to take greater control of their health and navigate their wellness journeys more effectively.

IQ Endoscopes

Series A in 2021
IQ Endoscopes specializes in the development of single-use flexible endoscopes that deliver comprehensive imaging of the entire gastrointestinal tract. This innovative healthcare technology aids in both diagnostic and therapeutic procedures, facilitating early detection of cancers. By enhancing the visualization of the gut, IQ Endoscopes supports healthcare professionals in making informed decisions, thereby potentially reducing overall costs within the medical industry. The company's focus on providing high-quality, single-use devices positions it as a key player in advancing gastrointestinal healthcare.

Tahdah

Venture Round in 2021
Tahdah is a cloud-based software as a service platform that connects various users, including candidates, training providers, national governing bodies, and associations. The company's Candidate Management System offers tailored functionalities and benefits for each user group. For national governing bodies and awarding bodies, it provides a comprehensive management system that delivers real-time insights and data while promoting awards, training workshops, and events. Training providers can manage and distribute fully verified training and awards to candidates through the platform. Associations and clubs utilize Tahdah to manage memberships, renewals, reminders, and event promotions. For candidates, the platform serves as an app that allows them to create and promote a verified digital professional profile, manage their training and achievements, book courses, and track continuing professional development records. Overall, Tahdah streamlines the management of training and membership processes while enhancing engagement among all stakeholders.

SolasCure

Series A in 2021
SolasCure Limited is a biotechnology company based in Wales, United Kingdom, focused on advancing treatment options for patients with chronic wounds. Founded in 2017, the company is developing Aurase, a hydrogel designed to enhance wound bed preparation through the application of a recombinant enzyme derived from maggots. This innovative approach aims to facilitate wound debridement, a crucial therapeutic procedure that removes dead, damaged, or infected tissue, thereby accelerating the healing process. By leveraging biomimicry and evidence-based medicine, SolasCure seeks to improve patient outcomes across various healthcare settings.

Route Konnect

Pre Seed Round in 2021
Route Konnect is a technology company focused on the development of Internet of Things (IoT) sensors and analytics tools aimed at enhancing infrastructure for autonomous vehicles and improving emergency response times. The company integrates sensors into the road network to collect real-time data on traffic and road incidents, facilitating lane-by-lane monitoring. By providing intelligent insights into urban movement, Route Konnect aims to boost efficiency in road networks while ensuring increased safety and trust for users. Their innovations support a more connected and responsive transportation ecosystem, potentially saving time and resources for various stakeholders.

​Reacta Biotech

Venture Round in 2021
Reacta Biotech has been established to develop, manufacture and commercialise oral food challenge materials to pharmaceutical standards of Good Manufacturing Practice (GMP).

Coincover

Series A in 2021
Coincover is a technology company specializing in cryptocurrency insurance and protection services designed to safeguard digital assets from theft, loss, and human error. The company offers a range of services that ensure the security and accessibility of crypto holdings, including Cryptocurrency Theft cover, which protects users against various cyber threats such as hacking and phishing. In the event of a theft, Coincover guarantees a fast retrieval of the full value of the lost funds, with no deductibles. Additionally, the Deposit Protection Guarantee ensures that users can maintain access to their cryptocurrency even in cases of lost passwords or device failures. Coincover also provides a Transaction Checker that monitors transactions in real-time, identifying and flagging any suspicious activity to prevent potential theft. Through these comprehensive solutions, Coincover aims to provide users with peace of mind regarding their digital currency investments.

Space Forge

Seed Round in 2021
Space Forge Limited is a company based in Bristol, United Kingdom, that specializes in the development of reusable satellites for manufacturing purposes. Founded in 2018, it focuses on creating advanced materials, including metals and crystals, that are not feasible to produce on Earth. By leveraging the unique conditions of space, Space Forge aims to manufacture super materials that enhance the efficiency of various industries, including computing, telecommunications, and pharmaceuticals. The company operates laboratories in Bristol and Wales, where it conducts research and development to support its mission of leading a clean industrial revolution through innovative manufacturing processes that reduce energy loss and carbon emissions.

Jiva.ai

Seed Round in 2021
Jiva.ai is an innovative no-code Agentic AI platform designed to empower users from various industries to create, evaluate, and deploy AI agents without requiring programming skills. The company's mission is to democratize AI technology, making it accessible to businesses and entrepreneurs across sectors. Jiva.ai specializes in developing autonomous agents capable of managing tasks such as supply chain monitoring, customer support, and financial portfolio management. The platform supports multimodal AI, allowing for the integration of diverse data types, including imaging, voice, and text. This adaptability has led to its application in sectors like healthcare, marketing optimization, and cybersecurity. Jiva.ai is recognized for its rapid prototyping capabilities, significantly streamlining the AI development process. Its achievements in healthcare, including the creation of high-fidelity diagnostics, highlight its potential to enhance scientific discoveries and clinical outcomes. Jiva.ai's commitment to continuous growth is evidenced by its partnerships with organizations such as MongoDB and IBM HyperProtect, and its recognition as one of the top AI companies in Europe.

Abbey Construction

Debt Financing in 2021
Abbey Construction provide homes for families and first time buyers in the community.

BUG for Men

Debt Financing in 2021
BUG for Men – a cruelty-free, alcohol-free vegetarian cosmetics line specifically aimed at men. BUG for Men operates alongside his existing office design and build business, which has seen a recent increase in demand for services as businesses redesign office space for a post-pandemic world.

QLM Technology

Seed Round in 2021
QLM Technology Ltd., based in Bristol, United Kingdom, specializes in the development of advanced gas detection and imaging systems utilizing low-power tuneable diode lidar technology. Established in 2017, the company focuses on providing innovative solutions for natural gas producers, distributors, and service providers to identify gas leaks and monitor greenhouse gas emissions effectively. QLM's technology incorporates ultra-compact, high-precision quantum optical sensors that offer exceptional resolution for detecting and quantifying gas leaks from well-heads and pipelines. This capability enables clients to achieve fast, accurate, and cost-effective gas leak identification and monitoring, thereby enhancing safety and reducing operational costs in the oil and gas industry.

Go Banana

Seed Round in 2021
Go Banana operates an online marketplace designed for builders and trade professionals seeking to purchase supplies efficiently and affordably. The platform features a search tool that allows users to identify reliable suppliers, helping tradesmen save time in sourcing materials. By enabling comparisons among multiple merchants, Go Banana simplifies the process of buying quality building supplies, making it easier for professionals to access what they need for their projects.

Yimba

Convertible Note in 2021
Yimba Ltd is a fintech company based in Chester, United Kingdom, established in 2019. It specializes in developing a multimedia and marketing platform that helps banks enhance their mobile wallet offerings and gain valuable consumer insights. Yimba's technology allows financial institutions to personalize their digital wallet services, thereby improving customer engagement and experience. The platform also enables banks to transform the costs associated with digital wallets into additional revenue streams by providing tailored content and services. Through its innovative solutions, Yimba aims to differentiate banks' mobile offerings in a competitive market.

Litelok

Equity Crowdfunding in 2021
Litelok is a company focused on developing innovative anti-theft products for bicycles, e-bikes, scooters, and motorbikes. Founded by Neil Barron and Will Riley in 2013, Litelok emerged from the need for a more portable and secure bike lock after Barron experienced multiple bicycle thefts in London. The company's flagship product, the Litelok, features a patented composite strap known as Boaflexicore, which offers lightweight yet robust security against various forms of attack, achieving the highest gold rating from Sold Secure. This unique design allows for flexibility, enabling users to secure their bikes to a wider range of fixed objects compared to traditional D-locks. Litelok's products are designed for ease of use, featuring a quick-click mechanism for locking without a key, and come equipped with velcro WrapStraps for convenient transport. Litelok also offers twin-lock configurations for added security and versatility, catering to the needs of cyclists and riders seeking reliable, lightweight locking solutions.

Antiverse

Seed Round in 2021
Antiverse is an innovative antibody discovery company that aims to transform drug development by leveraging a unique platform combining structural biology, machine learning, and medicine. The company specializes in predicting antibody-antigen binding and generating antibody drug candidates for challenging targets. By utilizing advanced machine learning techniques and cell-free protein synthesis, Antiverse enables pharmaceutical companies and contract research organizations to accelerate the discovery of antibody hits, ultimately making the drug development process more efficient and cost-effective. Through its commitment to advancing medical science, Antiverse seeks to create meaningful breakthroughs that can significantly impact patient lives.

Finboot

Venture Round in 2021
Finboot is a company that specializes in enterprise blockchain solutions, primarily through its innovative product, MARCO. Established in 2016 and operating from London and Barcelona, Finboot offers a blockchain-agnostic Software as a Service (SaaS) platform that enables organizations across various sectors, including Oil & Gas, Chemicals, Consumer Goods, Automotive, Travel, and Healthcare, to seamlessly integrate blockchain technology into their value and supply chains. MARCO enhances traceability, transparency, and compliance, allowing businesses to meet sustainability and ESG requirements while improving operational efficiency and profitability. By facilitating rapid experimentation and validation of blockchain applications, MARCO simplifies complex processes, enhances security and privacy, and accelerates business interactions. Notable implementations of MARCO include enhancing traceability in Oil & Gas operations, ensuring certified environmental sustainability in garment production, and streamlining invoice reconciliation in airport logistics, showcasing its versatility and effectiveness in addressing operational challenges.

HST Marine

Debt Financing in 2021
HST Marine is a provider of specialized maritime services focused on the offshore oil, gas, and wind industries. The company offers a range of services, including cargo transport to offshore platforms, crew transfer of technicians for construction and maintenance, and refueling of generators. Additionally, HST Marine provides support for remotely operated vehicles (ROVs), dive support, foundation cleaning, and guard vessel operations. Based in the United States, HST Marine plays a crucial role in facilitating the construction and operation of offshore projects, ensuring efficient logistics and support for various maritime activities.

Cufflink.io

Seed Round in 2021
Cufflink.io is a data privacy and cybersecurity platform that empowers individuals to take control of their personal information. The platform provides a secure environment for users to store and encrypt their data directly on their devices. Users have the option to share this information with friends and family or license it to companies through a corporate cloud-based system. By facilitating transparent data sourcing and processing, Cufflink.io aims to shift control of personal data away from large corporations and enhance individual privacy rights.

Health & Her

Debt Financing in 2021
Health & Her Ltd is a provider of handpicked products for women experiencing perimenopause and menopause.

IQ Endoscopes

Venture Round in 2020
IQ Endoscopes specializes in the development of single-use flexible endoscopes that deliver comprehensive imaging of the entire gastrointestinal tract. This innovative healthcare technology aids in both diagnostic and therapeutic procedures, facilitating early detection of cancers. By enhancing the visualization of the gut, IQ Endoscopes supports healthcare professionals in making informed decisions, thereby potentially reducing overall costs within the medical industry. The company's focus on providing high-quality, single-use devices positions it as a key player in advancing gastrointestinal healthcare.

Bond Digital Health

Venture Round in 2020
Bond Digital Health Ltd is a technology company focused on enhancing the healthcare sector through innovative cloud-based applications and software solutions. Founded in 2015 and headquartered in Cardiff, United Kingdom, the company primarily develops digital platforms aimed at bridging the information gap between patients and healthcare professionals. Its offerings include a commercial SaaS platform designed for point-of-care test and diagnostics developers, as well as solutions for electronic patient-reported outcomes (ePROs), which assist individuals managing chronic conditions like chronic obstructive pulmonary disease (COPD). Bond Digital Health's technology has evolved through strategic collaborations with industry leaders, addressing the needs of the point-of-care diagnostics market by providing tools for patient self-management, real-time data analytics, and comprehensive data aggregation. By ensuring compliance with regulatory standards, the company positions itself as a trusted partner across various sectors, contributing to improved health outcomes globally.

Envolve Tech

Venture Round in 2020
Envolve Tech is a developer of a conversational marketing platform designed to enhance customer engagement and drive sales for businesses. Initially focused on automated onsite chat solutions, the company has expanded its offerings to include behavior-driven recommendations, content suggestions, and click-through overlays, all managed from a centralized dashboard. By leveraging data analytics and artificial intelligence, Envolve Tech's platform helps businesses better understand their customers' preferences and behaviors. This enables companies to tailor their marketing efforts with personalized offers, thereby increasing consumer demand and the frequency of visits, while avoiding generic marketing communications. Through its innovative tools, Envolve Tech supports businesses in fostering more meaningful connections with their customers.

Ceryx Medical

Seed Round in 2020
Ceryx Medical Limited is a biotechnology company based in Bath, United Kingdom, founded in 2016. The company specializes in developing and manufacturing innovative bio-electronic devices that utilize unique, patent-protected chip technology. These devices are designed to mimic Central Pattern Generators (CPGs), which are nerve centers in the body responsible for regulating various autonomic and rhythmical processes, including peristalsis, heart rate, and walking. Ceryx Medical aims to restore normal physiological functions that may be compromised due to disease or injury by employing artificial CPGs in their therapeutic devices.

Community Energy Pembrokeshire

Debt Financing in 2020
Community Energy Pembrokeshire is a Community Interest Company created for the benefit of all individuals and community groups dwelling.

Dog Furiendly

Seed Round in 2020
Dog Furiendly is a travel platform designed for dog owners, providing a comprehensive directory of dog-friendly establishments such as pubs, cafes, restaurants, shops, accommodations, attractions, and events. The platform is free to use and encourages community engagement among pet owners by allowing them to create profiles, leave reviews, and participate in local dog walks and events. Through its technology, Dog Furiendly aims to facilitate social interactions for dog owners while enhancing their travel experiences with their pets.

FuelActive

Venture Round in 2020
FuelActive Ltd is a manufacturer specializing in fuel delivery systems aimed at addressing fuel contamination issues. Founded in 1998 and based in Cardiff, United Kingdom, the company designs and develops innovative solutions, including fuel injectors and pumps, that significantly reduce fuel-related breakdowns, component replacements, and maintenance needs. Its products are tailored for various sectors, including construction, mining, transport, military, power generation, marine, and agriculture, ultimately enhancing fuel efficiency and minimizing harmful emissions. Formerly known as Fairwater Fuel Systems Limited, the company rebranded to FuelActive Ltd in June 2007. Through its comprehensive fuel pick-up unit, FuelActive provides an effective solution to the global challenge of fuel contamination, ensuring improved operational reliability for its clients.

Coincover

Seed Round in 2020
Coincover is a technology company specializing in cryptocurrency insurance and protection services designed to safeguard digital assets from theft, loss, and human error. The company offers a range of services that ensure the security and accessibility of crypto holdings, including Cryptocurrency Theft cover, which protects users against various cyber threats such as hacking and phishing. In the event of a theft, Coincover guarantees a fast retrieval of the full value of the lost funds, with no deductibles. Additionally, the Deposit Protection Guarantee ensures that users can maintain access to their cryptocurrency even in cases of lost passwords or device failures. Coincover also provides a Transaction Checker that monitors transactions in real-time, identifying and flagging any suspicious activity to prevent potential theft. Through these comprehensive solutions, Coincover aims to provide users with peace of mind regarding their digital currency investments.

Codeherent

Seed Round in 2020
Codeherent Ltd is a software company based in Newport, United Kingdom, that specializes in cloud infrastructure management. Founded in 2016, the company offers a Software as a Service (SaaS) platform designed to help businesses visualize, analyze, and optimize their Infrastructure as Code. Its platform features a low-code development environment that allows users to easily create, modify, and manage cloud configurations. By providing automatic and dynamic visualization tools, Codeherent enables organizations to accelerate their configuration planning and optimize live infrastructure in a safe and predictable manner. The platform is geared towards businesses of all sizes, facilitating effective management of cloud resources through intuitive visual editing capabilities.

SourceMogul

Venture Round in 2020
SourceMogul is a software company that specializes in providing market intelligence through its product-sourcing search engine. The company has developed a cloud-based tool that allows users to quickly access in-depth market insights, empowering them to identify trends, gaps, and price fluctuations in the retail sector. By streamlining the process of finding profitable stock from a wide array of trusted retailers, SourceMogul enables businesses to uncover opportunities that may otherwise go unnoticed, ultimately facilitating increased profitability in online retail.

Agxio

Seed Round in 2020
Agxio is a technology company focused on transforming the agriculture, biotech, and life sciences sectors through the use of artificial intelligence and data science. Its Apollo platform represents a cutting-edge approach to machine learning, automating the data analysis process to yield actionable insights. By leveraging large volumes of data, Agxio enables businesses and governments to address complex challenges, including food security, by providing optimized machine learning solutions tailored to data-rich environments. This innovative platform empowers users to harness the full potential of data, streamlining decision-making and enhancing operational efficiency across industries.

Space Forge

Seed Round in 2020
Space Forge Limited is a company based in Bristol, United Kingdom, that specializes in the development of reusable satellites for manufacturing purposes. Founded in 2018, it focuses on creating advanced materials, including metals and crystals, that are not feasible to produce on Earth. By leveraging the unique conditions of space, Space Forge aims to manufacture super materials that enhance the efficiency of various industries, including computing, telecommunications, and pharmaceuticals. The company operates laboratories in Bristol and Wales, where it conducts research and development to support its mission of leading a clean industrial revolution through innovative manufacturing processes that reduce energy loss and carbon emissions.
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