Development Bank of Wales
VC Fund
Cardiff, United Kingdom
Development Bank of Wales is an independent company, providing commercial funding to Welsh SMEs. They invests private and public funds, including EU funds.
- Total investments:
- 296
- Last investment:
- Lead investor:
- 61%
- Fund size:
- $27M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries Development Bank of Wales invests in
Stages Development Bank of Wales invests in
Countries Development Bank of Wales invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
| See all 13 contacts → | |||
Round size
- Seed
- $279k–$3M
- Debt Financing
- $19k–$3.7M
- Venture - Series Unknown
- $383k–$5.5M
Investment Focus
Industry
- Software 38 (13%)
- Health Care 29 (10%)
- Manufacturing 29 (10%)
- Biotechnology 23 (8%)
- Information Technology 19 (6%)
Stage
- Seed 82 (28%)
- Debt Financing 62 (21%)
- Venture - Series Unknown 46 (16%)
- Pre-Seed 22 (7%)
- Series A 17 (6%)
Country
- United Kingdom 196 (66%)
- Australia 10 (3%)
- United States 4 (1%)
- United Arab Emirates 2 (1%)
- Italy 1 (0%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Gareth Bullock
Chairman
|
Chairman | Total investments: 0 | Find email | |
Giles Thorley
Chief Executive Officer
|
Chief Executive Officer | Total investments: 1 | Find email | |
Rhian Elston
Investment Director
|
Investment Director | Total investments: 1 | Find email | |
Alun Thomas
Senior Investment Executive; Regional Manager
|
Senior Investment Executive; Regional Manager | Total investments: 0 | Find email | |
Andrew Morris
Investor
|
Investor | Total investments: 3 | Find email | |
| See all 13 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
Motomec Aberdare
|
Motomec Aberdare offers contractual auto repair services to businesses. | Debt Financing / Oct 13, 2026 | |
| Cambridge Electric Cement is a sustainable cement start-up. Its breakthrough process co-recycles steel and cement to produce a low carbon, circular cement product that offers very low emissions[1], circular, and scalable alternative to existing cement production. | $13.2M / Series A / Oct 05, 2026 | ||
| Sync Savings manage savings deposits & withdrawals for banks and building societies through a fully white-labelled app and banking system. | Seed / Sep 18, 2026 | ||
| Kubos Semiconductors is develop and commercialize cubic-GaN for high efficiency, low-cost LEDs using intellectual property. | $2.1M / Venture - Series Unknown / Aug 03, 2026 | ||
| Stone Circle Mead Company Limited is an independent craft meadery. The company specializes in the revival of historic, traditional Welsh meads (Medd Cylch Cerrig), utilizing honey fermented over extended production timelines to create a diverse range of styles including spiced, apple, dandelion, and herbal variations. | $34.6K / Debt Financing / Jul 30, 2026 | ||
| Taylor Facilities Management has grown into a national facilities management company with operations in the United Kingdom and Ireland. | $3.8M / Debt Financing / Jul 20, 2026 | ||
| Oakwood Care Group is dedicated to transforming the standard of residential care in Wales by providing high-quality, person-centered care services that prioritize the well-being, dignity, and independence of residents. The organization strives to create safe, supportive, and compassionate living environments while continuously improving carestandards through innovation, professional expertise, and a commitment to excellence. | Debt Financing / Jun 24, 2026 | ||
| Breaking Change develops simulation-driven game technology and real-time platforms for core gaming studios. The company focuses on research, development, and engineering of real-time simulation systems that support deeply systemic and replayable gameplay. Its licensable platform is designed to help external studios create complex mechanics andinteractive experiences across multiple genres. Breaking Change builds visual computing and automation pipelines to support efficient development workflows. It targets core game developers seeking to integrate advanced simulation features into their titles. The company also maintains R&D collaborations and provides its technology as reusable infrastructure for interactive entertainment projects. | $980.6K / Pre-Seed / Jun 08, 2026 | ||
| Locit is a storage locker manufacturer for schools, gyms, offices, and public spaces. | $1.3M / Debt Financing / May 28, 2026 | ||
| Creo Medical a medical device manufacturer based in Chepstow, South Wales. Founded in 2003, (formerly MicroOncology Ltd) we develop, manufacture and commercialise clinically innovative medical device technologies.They operate out of our new headquarters in Chepstow, South Wales where a controlled manufacturing area (including a Class 6Cleanroom) and creative R&D area have been installed. | $2.7M / Post-IPO Debt / May 21, 2026 | ||
| See all 296 investments → | |||
Co-Investors
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!
Find investors for your startup
Search 48,091 investors by industry and country. Emails and phones included.
Similar Investors
Similar industry
Similar stage
Similar country
Featured in Investor Lists
Recommended lists
FAQ
What does Development Bank of Wales invest in?
Development Bank of Wales invests primarily in Software, Health Care and Manufacturing startups, most often at Seed and Debt Financing stage. Most of the 296 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What round sizes does Development Bank of Wales invest in?
Development Bank of Wales typically joins rounds of $279k–$3M at Seed, $19k–$3.7M at Debt Financing and $383k–$5.5M at Venture - Series Unknown. These are whole funding-round sizes, not Development Bank of Wales's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Development Bank of Wales took part in.
How do I contact Development Bank of Wales?
Public channels for Development Bank of Wales include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Development Bank of Wales?
The team at Development Bank of Wales includes Gareth Bullock (Chairman), Giles Thorley (Chief Executive Officer) and Rhian Elston (Investment Director), among 13 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
Contact your first 100 investors today
Find who invests in your industry, stage, and country. Download investor list with emails in 5 minutes.
Find investors — It's Free!
Continue with Google
Continue with LinkedIn
