Development Bank of Wales
Venture capital firm based in Cardiff, UK
Latest Development Bank of Wales investments
Development Bank of Wales has invested in these startups.
Sidekick
Sidekick raises £7.8m to unlock private-banking investments via Lombard lending, private markets. Read more
Driverly
Driverly secures £650K to transform car insurance with AI-powered geo-intelligence. A bold stride for Cardiff's insurtech scene. Read more
Pelly
Propelled by a substantial £355,000 investment, three young Welsh entrepreneurs are set to transform sports operations management with their innovative startup, Pelly Group Limited, signalling vibrant potential for collaborations in the growing sporting tech industry. Read more
Llusern Scientific
The Development Bank of Wales ignites innovation with a £1.7 million investment in technology spinouts, spotlighting Llusern Scientific's rapid testing revolution for Urinary Tract Infections. Read more
Validient
Newport legal tech startup Validient secures second investment to revolutionize compliance management for professional services sector with support from Development Bank of Wales and Wesley Clover. Read more
Investments By Sector
Development Bank of Wales has invested in these sectors
| Healthtech | 30.0% |
| Fintech | 30.0% |
| Mobility | 10.0% |
| SaaS | 10.0% |
| Biotech | 10.0% |
| Insurtech | 10.0% |
