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.
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.
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. The company focuses on creating low-power tuneable diode lidar (TDLidar) technology that employs infrared single-photon detection to identify gas leaks. This innovative solution is designed for natural gas producers, distributors, and service providers, allowing for enhanced monitoring of gas production and distribution assets while addressing concerns related to fugitive greenhouse gas emissions. Established in 2017, QLM Technology aims to provide the industry with high-precision quantum optical sensors that enable the detection and quantification of even the smallest gas leak rates. By improving safety and reducing operational costs, QLM's technology represents a significant advancement in gas leak identification and monitoring.
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. The company focuses on creating low-power tuneable diode lidar (TDLidar) technology that employs infrared single-photon detection to identify gas leaks. This innovative solution is designed for natural gas producers, distributors, and service providers, allowing for enhanced monitoring of gas production and distribution assets while addressing concerns related to fugitive greenhouse gas emissions. Established in 2017, QLM Technology aims to provide the industry with high-precision quantum optical sensors that enable the detection and quantification of even the smallest gas leak rates. By improving safety and reducing operational costs, QLM's technology represents a significant advancement in gas leak identification and monitoring.
IMSPEX Diagnostics
Venture Round in 2014
MSPEX Diagnostics Ltd was founded in 2011 as a spinoff of the University of Glamorgan, in South Wales, with the aim to develop markets and applications for Ion Mobility Spectrometry Technology in clinical research, clinical diagnostics, food and environmental analysis. Through its acquisition of GAS GmbH in January 2013, IMSPEX secured access to World leading IMS technology and to a range of equipment which is market ready for customer applications. Over 2013 the group formed by IMSPEX and GAS has established relationships and provided instruments to a range of blue chip companies, research hospitals and research centres and universities.
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