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Development Bank of Wales

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Investments

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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.

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Total investments 258
Average round size
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The average size of a deal this fund participated in
$1M
Portfolio companies 194
Rounds per year 11.22
Lead investments 119
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.25
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.

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
Development Bank of Wales is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Development Bank of Wales:
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Funds with similar focus

Funds from Wales
Funds with similar focus located in Wales:
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Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Validient

$411K27 Feb 2024 -

Hope Macy

Financial Services
$2M11 Dec 2023 Cardiff, United Kingdom

Bikmo

Cycling
Insurance
InsurTech
Sports
$4M19 Oct 2023 Chester, England, United Kingdom

Tourhub

Leisure
Tourism
$1M16 Oct 2023 Cardiff, United Kingdom

operati

Enterprise Resource Planning (ERP)
Project Management
Software
$657K01 Aug 2023 Newport, Newport, United Kingdom

Stratigens

Business Intelligence
SaaS
Software
$289K26 Jun 2023 Newport, Newport, United Kingdom

Mallows Beauty

Beauty
Consumer Goods
Cosmetics
18 May 2023 Cardiff, United Kingdom

Halo Therapeutics

Biotechnology
Health Care
Life Science
Medical
Therapeutics
$2M17 May 2023 Bristol, South West, United Kingdom

CanSense

Biotechnology
Health Care
Health Diagnostics
$2M08 Mar 2023 Swansea, 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.

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Total investments 258
Average round size 1M
Rounds per year 11.22
Peak activity year 2017
Lead investments 119
Follow on index 0.25
Exits 18
Group Appearance index 0.49

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Validient

$411K27 Feb 2024 -

Hope Macy

Financial Services
$2M11 Dec 2023 Cardiff, United Kingdom

Bikmo

Cycling
Insurance
InsurTech
Sports
$4M19 Oct 2023 Chester, England, United Kingdom

Tourhub

Leisure
Tourism
$1M16 Oct 2023 Cardiff, United Kingdom

operati

Enterprise Resource Planning (ERP)
Project Management
Software
$657K01 Aug 2023 Newport, Newport, United Kingdom

Stratigens

Business Intelligence
SaaS
Software
$289K26 Jun 2023 Newport, Newport, United Kingdom

Mallows Beauty

Beauty
Consumer Goods
Cosmetics
18 May 2023 Cardiff, United Kingdom

Halo Therapeutics

Biotechnology
Health Care
Life Science
Medical
Therapeutics
$2M17 May 2023 Bristol, South West, United Kingdom

CanSense

Biotechnology
Health Care
Health Diagnostics
$2M08 Mar 2023 Swansea, United Kingdom
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