Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Development Bank of Wales

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 281
Average round size
info
The average size of a deal this fund participated in
$1M
Portfolio companies 209
Rounds per year 12.22
Lead investments 128
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.26
Exits 18
Key employees 23
Stages of investment
Seed

Areas of investment

  • Health Care
  • Software
  • Manufacturing
  • Biotechnology
  • Medical
Summary

In 2001 was created Development Bank of Wales, which is appeared as Corporate Investor. The fund was located in Europe if to be more exact in United Kingdom. The main office of represented Corporate Investor is situated in the Cardiff.

The fund has exact preference in some founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Among the most successful fund investment fields, there are Education, Fitness. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United Kingdom. Among the most popular portfolio startups of the fund, we may highlight Creo Medical, Thalia Design Automation, Mesuro. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Development Bank of Wales, startups are often financed by Acceleris Capital, UK Innovation & Science Seed Fund, Seneca Partners. The meaningful sponsors for the fund in investment in the same round are Maven Capital Partners, Fusion IP, UK Innovation & Science Seed Fund. In the next rounds fund is usually obtained by Maven Capital Partners, Fusion IP, Seneca Partners.

The common things for fund are deals in the range of 1 - 5 millions dollars. The average startup value when the investment from Development Bank of Wales is 1-5 millions dollars. The important activity for fund was in 2017. Despite it in 2019 the fund had an activity. The higher amount of exits for fund were in 2015. The fund is constantly included in 7-12 investment rounds annually. This Development Bank of Wales works on 18 percentage points less the average amount of lead investments comparing to the other organizations. The real fund results show that this Corporate Investor is 37 percentage points more often commits exit comparing to other companies.

The overall number of key employees were 23.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Development Bank of Wales:
Typical Co-investors
Development Bank of Wales is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Development Bank of Wales:
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds from Wales
Funds with similar focus located in Wales:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Lineat Composites

Advanced Materials
Manufacturing
Renewable Energy
Semiconductor
15 Oct 2024 Bristol, England, United Kingdom

Llusern Scientific

Health Diagnostics
Manufacturing
Medical
Medical Device
10 Oct 2024 Cardiff, New South Wales, Australia

Kaydiar

Medical
Medical Device
30 Sep 2024 Neath Port Talbot, United Kingdom

Menna

Advice
Financial Services
$685K10 Sep 2024 Cumbria, England, United Kingdom

PlantSea

Aquaculture
Biotechnology
Plastics and Rubber Manufacturing
Recycling
Sustainability
$301K27 Aug 2024 Isle of Anglesey, United Kingdom

Awen Oncology

Pharmaceutical
22 Aug 2024 Cumbria, England, United Kingdom

Mallows Beverages

E-Commerce
Retail
Wine And Spirits
12 Aug 2024 Rhondda Cynon Taff, United Kingdom

Tendertec

Artificial Intelligence
Assisted Living
Assistive Technology
Elder Care
Elderly
Health Care
Home Health Care
Machine Learning
Sensor
$602K04 Jun 2024 Cardiff, United Kingdom

Kubos Semiconductors

Manufacturing
Semiconductor
$2M06 May 2024 Cambridge, Cambridgeshire, United Kingdom
News
Reacta Biotech Raises £2.9M in Funding

– Reacta Biotech from Deeside, North Wales, UK, raised £2.9m in funding.
– The round was led by Praetura Ventures with participation from existing shareholders including the Development Bank of Wales, Perscitus, Jon Moulton’s family office, and Reacta’s management team.
– The new investment will be used to scale up the company’s current product range, expand its team of specialists and expedite work on enhanced packaging solutions.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Development Bank of Wales?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 281
Average round size 1M
Rounds per year 12.22
Peak activity year 2017
Lead investments 128
Follow on index 0.26
Exits 18
Group Appearance index 0.49

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Lineat Composites

Advanced Materials
Manufacturing
Renewable Energy
Semiconductor
15 Oct 2024 Bristol, England, United Kingdom

Llusern Scientific

Health Diagnostics
Manufacturing
Medical
Medical Device
10 Oct 2024 Cardiff, New South Wales, Australia

Kaydiar

Medical
Medical Device
30 Sep 2024 Neath Port Talbot, United Kingdom

Menna

Advice
Financial Services
$685K10 Sep 2024 Cumbria, England, United Kingdom

PlantSea

Aquaculture
Biotechnology
Plastics and Rubber Manufacturing
Recycling
Sustainability
$301K27 Aug 2024 Isle of Anglesey, United Kingdom

Awen Oncology

Pharmaceutical
22 Aug 2024 Cumbria, England, United Kingdom

Mallows Beverages

E-Commerce
Retail
Wine And Spirits
12 Aug 2024 Rhondda Cynon Taff, United Kingdom

Tendertec

Artificial Intelligence
Assisted Living
Assistive Technology
Elder Care
Elderly
Health Care
Home Health Care
Machine Learning
Sensor
$602K04 Jun 2024 Cardiff, United Kingdom

Kubos Semiconductors

Manufacturing
Semiconductor
$2M06 May 2024 Cambridge, Cambridgeshire, United Kingdom
Crunchbase icon

Content report

The following text will be sent to our editors: