Wales Business Fund

The Wales Business Fund, managed by the Development Bank of Wales, is a direct lending initiative designed to support small and medium-sized enterprises (SMEs) in Wales. Established in 2001 by the Welsh Assembly Government, the fund focuses on providing commercial financing to businesses across various sectors, including pharmaceuticals, biotechnology, and information technology. It typically invests between £50,000 and £2 million, catering to both startups and established companies. The fund aims to facilitate growth and development by offering tailored financial solutions, including loans and equity investments. Operating from Wrexham, the Wales Business Fund prioritizes businesses located in Wales or those willing to relocate, thereby contributing to the regional economy and fostering innovation within the local market.

Bethan Cousins

New Business Director

Nicola Edwards

Micro Loan Fund Manager

Rhian Elston

Investment Director

Rhodri Evans

Deputy Fund Manager of New Investments

Nicola Griffiths

Portfolio Development Executive

Chris Griffiths

Technical Investment Director

Carl L. Griffiths

Technology Seed Fund Manager

Paul Lee

Deputy Fund Manager

Sam Macalister-Smith

Portfolio Executive

John Mihell

Special Situations Manager

Mike Owen

Group Investment Director

Cenydd Rowlands

Property Director

Steve Smith

Director, Technology Venture Investments

Nick Stork

Fund Manager

Richard Thompson Ph.D

Senior Investment Executive

Giles Thorley

Chief Executive

221 past transactions

Mallows Beauty

Debt Financing in 2023
Mallows Beauty is a vegan beauty brand. Targeting Gen Z and young millennials, Mallows Beauty is a fun, creative, and practical "self-love" organization that focuses on self-care and mental well-being.

Reel Label Solutions

Venture Round in 2022
Reel Label Solutions offers cost-effective and quality printing services. It is a digital and flexographic label printing company. It will support them and provide a solution to fit their needs. For inquiries, email, telephone numbers, and physical addresses are available on their website.

Reel Label Solutions

Debt Financing in 2022
Reel Label Solutions offers cost-effective and quality printing services. It is a digital and flexographic label printing company. It will support them and provide a solution to fit their needs. For inquiries, email, telephone numbers, and physical addresses are available on their website.

Ceryx Medical

Seed Round in 2022
Ceryx Medical Limited specializes in the development and manufacturing of bio-electronic devices designed to address various autonomic and rhythmical bodily processes, including peristalsis, heart rate, and walking. Founded in 2016 and based in Bath, United Kingdom, the company leverages unique, patent-protected chip technology to create artificial Central Pattern Generators (CPGs). These CPGs aim to mimic natural nerve centers in the body, offering potential therapeutic solutions for individuals whose physiological functions have been compromised due to disease or injury. Ceryx Medical's innovative approach seeks to restore normal bodily performance, particularly in the context of conditions such as heart failure.

Bond Digital Health

Venture Round in 2021
Bond Digital Health Ltd designs and develops cloud based applications and software solutions for healthcare industry to reduce information gap between patient and medical professionals. The company solutions include Commercial SaaS (software as a service) platform for POC (point of care) test and diagnostics developers and Electronic Patient Reported Outcomes (ePRO’s), it enables sufferers of conditions such as COPD (chronic obstructive pulmonary disease) to manage their condition and connect to their clinical practitioners. The company was incorporated in 2015 and is based in Cardiff, United Kingdom.

Glucose Republic

Seed Round in 2021
Glucose Republic is a developer of biology-influenced software intended to offer tools to ensure eat and live better by knowing their metabolic intake. They offer a personalized intelligence system, enabling users to measure and predict metabolic responses to the food they eat and the exercise they take.

Concentric Health

Pre Seed Round in 2021
Our mission is to transform how decisions are made about our health. Decisions informed by patient outcomes, and shared by patient and clinician. Shared decisions, digital consent, better outcomes. Our digital consent platform uses data to inform and design to simplify complexity. Secure, auditable, and a great experience for all our users.

Forth

Venture Round in 2021
Forth are a group of clinical and digital experts who are passionate about healthcare. They’re part of a new breed of digital healthcare companies who are transforming people’s relationship with their health by using technology to give them more information and help them gain greater control.

IQ Endoscopes

Series A in 2021
IQ Endoscopes is a range of single-use flexible endoscopes that provides images of the full length of the gut, helping in diagnostics and therapeutic procedures.

Tahdah

Venture Round in 2021
Tahdah is a multi-tenant software as a service platform that provides unique benefits and functionalities for each of its different users. The company operates the TahDah Candidate Management System. For NGBs / Awarding Bodies, TahDah is a comprehensive Candidate and Training Provider Management System that gives real time Insight and Data. Promotes Awards, CPD Workshops, Conferences and Events. For Training Providers, TahDah is a Candidate Management System that allows them to promote, manage and distribute fully verified training and awards to Candidates. For Associations & Clubs, TahDah is a platform to manage all their new memberships, renewals, reminders, card distribution and membership data. Promote CPD workshops and Association Events. For the Candidate it is an App to create and promote their fully verified digital professional profile - Manage all their training and achievements in one place, book on training & assessment courses, manage their CPD records and book on CPD workshops, manage their membership renewals, receive personalised news, events, training courses, products notifications that match their digital professional profile, promote themselves available for work, share their fully verified Digital CV.

SolasCure

Series A in 2021
SolasCure Limited is a company based in Wales, United Kingdom, that specializes in developing innovative wound care products for patients with chronic wounds. Founded in 2017, the company has created Aurase, a hydrogel designed for wound debridement, a therapeutic procedure that removes dead, damaged, or infected tissue to enhance the healing process. SolasCure is committed to supporting healthcare professionals by providing effective solutions that improve patient health and wellbeing.

​Reacta Biotech

Venture Round in 2021
Reacta Biotech has been established to develop, manufacture and commercialise oral food challenge materials to pharmaceutical standards of Good Manufacturing Practice (GMP).

Coincover

Series A in 2021
Digital Asset Services Limited, trading as Coincover, offers cryptocurrency security and assurance solution to individual investors, fund managers, professional traders, and corporate customers. It offers deposit protection, crypto key storage and recovery, lost key protection, cryptocurrency wills, buy and sell crypto, theft insurance, and accumulation plans. The company was founded in 2018 and is based in Cardiff, United Kingdom.

Space Forge

Seed Round in 2021
Space Forge Limited is a company based in Bristol, United Kingdom, that focuses on the development of reusable satellites. Established in 2018, the company specializes in manufacturing super materials, including unique alloys and crystals, that are produced in space and cannot be replicated on Earth. These materials have applications across various industries, including computing, telecommunications, and pharmaceuticals. Space Forge operates laboratories in Bristol and Wales to facilitate its research and production activities.

Jiva

Seed Round in 2021
Jiva is a UK-based AI company that will change the way we all build machine learning models. The core technology puts fusion at the heart of its learning procedure, enabling multimodal AI. Fusion is the process by which one can iteratively build partial models independently and then join them together to create bigger and better representations. Model fusion is a fundamental prerequisite to artificial general intelligence. Using the platform as a basis, the Jiva team will build practical diagnostic solutions to human diseases. Jiva builds use-cases in specific disease areas as well having a platform for data scientists to build their models. Jiva has created solutions for prostate cancer MRI analysis to identify clinically relevant tumours, liver disease diagnosis as well as bone fracture identification.

Abbey Construction

Debt Financing in 2021
Abbey Construction provide homes for families and first time buyers in the community.

BUG for Men

Debt Financing in 2021
BUG for Men – a cruelty-free, alcohol-free vegetarian cosmetics line specifically aimed at men. BUG for Men operates alongside his existing office design and build business, which has seen a recent increase in demand for services as businesses redesign office space for a post-pandemic world.

QLM Technology

Seed Round in 2021
QLM Technology Ltd. is a Bristol-based company specializing in the development of advanced gas detection and imaging systems. The firm focuses on low-power tuneable diode lidar (TDLidar) technology that utilizes infrared single-photon detection to identify gas leaks. This innovative solution is designed for natural gas producers, distributors, and service providers, enabling them to monitor gas production and distribution assets effectively while addressing concerns related to fugitive greenhouse gas emissions. Founded in 2017, QLM Technology aims to enhance the capabilities of oil and gas supply and service companies through its high-precision quantum optical sensors.

Go Banana

Seed Round in 2021
Go Banana offer a unique platform for builders and other trade professionals looking to purchase supplies quickly and efficiently.

Yimba

Convertible Note in 2021
Yimba Ltd develops a fintech multimedia and marketing platform that enables banks to differentiate their mobile wallet offering and generate new consumer insights. Its platform offers digital cobrand and affinity; aggregated fintech; and personalized marketing and engagement services. The company was incorporated in 2019 and is based in Chester, United Kingdom.

Litelok

Equity Crowdfunding in 2021
After having a number of bikes stolen on the streets of London and continuously having to carry around heavy bike locks, Neil Barron came up with the idea of Litelok, a lightweight bike lock that’s also flexible and strong. Neil started Zeal Innovation Ltd at the end of 2013, with marketer Will Riley, whom he met at Southampton University many years before, to develop and commercialise Litelok. In March 2015 a successful crowdfunding campaign on Kickstarter raised more than £232,000 for the Litelok concept, helping turn the idea into a reality. Today, Liteloks are used and trusted by a multitude of bike owners across the world. **Litelok Features** Light - Weighing just 1.1 Kg, Litelok is much lighter than comparable Gold rated flexible bike locks. Flexible - There’s nothing on the market that offers the flexibility and security of Litelok. Its flexibility means you can secure your bike to more fixed objects than traditional D-locks. Strong - Made with a patented composite strap that's difficult to break. Litelok is independently tested, achieving the highest security rating: Sold Secure Gold. Click to lock - Litelok has been designed to easily click closed without the need for a key, making it faster to lock your bike up. A key is only used to unlock your bicycle. Easy to carry - Liteloks come with velcro WrapStraps which let you securely attach your Litelok along your top tube or within your bike frame. Liteloks can also be carried in your bag. Twin Liteloks - Our innovative in-line lock allows us to offer Litelok in twin-lock format - i.e. a pack of two Liteloks which operate from the same unique key. Use the two bike locks separately for extra security, or joined together for extra length. **Building Better Security for Bicycles** The strap component of Litelok is made of a patented composite called Boaflexicore. It harnesses the unique security properties of multiple innovative, lightweight materials. Each layer provides additional security, meaning it can withstand sustained attack to the highest level. The in-line lock has been developed with a well-known UK lock manufacturer and has been tested and trialled to ensure it is the most reliable and secure lock possible. **Independently Tested** Litelok has achieved the highest security rating of Gold from Sold Secure and is the lightest, flexible bike lock to have achieved that rating. Sold Secure is the premier independent testing and certification house for security products in the UK. Established in 1992 by the Northumbria and Essex Police with the help and backing of the Home Office. Sold Secure is now owned and administered by the Master Locksmiths Association (a not for profit trade association). They have close ties with many police forces and insurers in the UK, who provide Sold Secure with regular information on modern theft methods and the tools used by criminals. It has a three tier security grading system, of which Gold is the best, followed by Silver and then Bronze. Gold rated locks offer the highest level of security. Silver rated locks offer a compromise between cost and security. Bronze rated locks typically offers defence against the opportunistic thief.

Antiverse

Seed Round in 2021
Antiverse is building a world-first computational antibody drug discovery platform to predict antibody-antigen binding and provide antibody drug candidates in one day. A combination of state of the art machine learning and cell-free protein synthesis is used to predict antibodies that bind to a given antigen target with high affinity. The resulting software can then take antigen taget sequence, provided by the customer, and do a high-throughput screening of all possibilities of antibody sequences to detect the sequence that will produce a high-affinity antibody for the target. The customer will be provided with the sequence in a single day, thus reducing the time typically required for antibody therapeutics discovery by 3 to 18 months.

Finboot

Venture Round in 2021
FINBOOT TECH S.L. designs and develops enterprise management software known as MARCO. The software offers supply chain management solutions. FINBOOT TECH S.L. caters to oil and energy and consumer goods industries. The company was founded in 2016 and is headquartered in Barcelona, Spain with additional office in London, United Kingdom.

HST Marine

Debt Financing in 2021
Provider of crew transfer vessels intended to serve the offshore wind industry based in the United States. The company offers services which include cargo transport to offshore platforms, refueling of generators, maintenance and recovery, crew transfer of technicians for construction and maintenance of offshore platforms, ROV support, dive support, foundation cleaning, and guard vessel operations.

Cufflink.io

Seed Round in 2021
Cufflink provides a safe and secure place to store and share your personal information online.

Health & Her Ltd

Debt Financing in 2021
Health & Her Ltd is a provider of handpicked products for women experiencing perimenopause and menopause.

IQ Endoscopes

Venture Round in 2020
IQ Endoscopes is a range of single-use flexible endoscopes that provides images of the full length of the gut, helping in diagnostics and therapeutic procedures.

Bond Digital Health

Venture Round in 2020
Bond Digital Health Ltd designs and develops cloud based applications and software solutions for healthcare industry to reduce information gap between patient and medical professionals. The company solutions include Commercial SaaS (software as a service) platform for POC (point of care) test and diagnostics developers and Electronic Patient Reported Outcomes (ePRO’s), it enables sufferers of conditions such as COPD (chronic obstructive pulmonary disease) to manage their condition and connect to their clinical practitioners. The company was incorporated in 2015 and is based in Cardiff, United Kingdom.

Envolve Tech

Venture Round in 2020
Envolve Technology Limited, based in Newport, United Kingdom, specializes in designing and developing a marketing application platform. The company offers a Software as a Service (SaaS) solution that allows businesses to personalize customer engagement and promotional marketing campaigns. This platform delivers direct communication through social media messaging, enabling businesses to respond instantly to customer queries. By providing an always-on marketing channel, Envolve Technology aims to enhance customer loyalty, drive engagement, and foster lasting relationships, ultimately personalizing the overall customer experience. Established in 2013, the company focuses on innovative strategies to meet the evolving needs of its clients in the digital marketing landscape.

Ceryx Medical

Seed Round in 2020
Ceryx Medical Limited specializes in the development and manufacturing of bio-electronic devices designed to address various autonomic and rhythmical bodily processes, including peristalsis, heart rate, and walking. Founded in 2016 and based in Bath, United Kingdom, the company leverages unique, patent-protected chip technology to create artificial Central Pattern Generators (CPGs). These CPGs aim to mimic natural nerve centers in the body, offering potential therapeutic solutions for individuals whose physiological functions have been compromised due to disease or injury. Ceryx Medical's innovative approach seeks to restore normal bodily performance, particularly in the context of conditions such as heart failure.

Community Energy Pembrokeshire

Debt Financing in 2020
Community Energy Pembrokeshire is a Community Interest Company created for the benefit of all individuals and community groups dwelling.

Dog Furiendly

Seed Round in 2020
Dog Furiendly is a free-to-use travel platform, listing dog-friendly pubs, cafes, restaurants, shops, accommodation, attractions, and events.

FuelActive

Venture Round in 2020
FuelActive Ltd manufactures fuel delivery system. The company’s system helps in eliminating fuel related breakdowns, reduce component replacements, machine downtime and maintenance, harmful emissions, and improves fuel efficiency. It serves construction, mining, transport, military, power generation, marine, and agriculture sector. FuelActive Ltd was formerly known as Fairwater Fuel Systems Limited and changed its name to FuelActive Ltd in June 2007. The company was founded in 1998 and is based in Cardiff, United Kingdom.

Coincover

Seed Round in 2020
Digital Asset Services Limited, trading as Coincover, offers cryptocurrency security and assurance solution to individual investors, fund managers, professional traders, and corporate customers. It offers deposit protection, crypto key storage and recovery, lost key protection, cryptocurrency wills, buy and sell crypto, theft insurance, and accumulation plans. The company was founded in 2018 and is based in Cardiff, United Kingdom.

Codeherent

Seed Round in 2020
Codeherent Ltd is a software company based in Newport, United Kingdom, founded in 2016. It specializes in developing a cloud management platform that allows businesses to visualize, analyze, and optimize their Infrastructure as Code. The platform features a visual development environment that facilitates the creation, modification, and management of cloud infrastructure configurations in a low-code setting. This dynamic visualization capability enables users to quickly understand and adjust their cloud setups, promoting safer and more predictable infrastructure management. Codeherent's solution is designed to cater to a diverse range of businesses, helping them streamline configuration planning and enhance the efficiency of their cloud operations.

SourceMogul

Venture Round in 2020
SourceMogul is a software company enabling users to quickly see market insights deep beneath the surface. Identify trends, gaps, price fluctuations and seize opportunities that might otherwise pass.

Agxio

Seed Round in 2020
Agxio is a technology company focused on the agriculture, biotech, and life sciences sectors, providing actionable insights through its advanced platform. Utilizing artificial intelligence and data science, Agxio's solutions are designed to address the challenges posed by large volumes of data and technological advancements. The company's Apollo platform exemplifies the next generation of machine learning innovation, automating the role of data scientists and facilitating optimized machine learning applications across various complex data-rich environments. This approach not only enhances decision-making processes but also aids businesses and governments in effectively managing food security.

Space Forge

Seed Round in 2020
Space Forge Limited is a company based in Bristol, United Kingdom, that focuses on the development of reusable satellites. Established in 2018, the company specializes in manufacturing super materials, including unique alloys and crystals, that are produced in space and cannot be replicated on Earth. These materials have applications across various industries, including computing, telecommunications, and pharmaceuticals. Space Forge operates laboratories in Bristol and Wales to facilitate its research and production activities.

Bikmo

Series A in 2020
Bikmo Limited provides cycle insurance for riders. It offers insurance products that cover accidental damage, public liability, and theft. Bikmo Limited was formerly known as 45NORTH LTD and changes its name to Bikmo Limited in July 2017. The company was founded in 2011 and is based in Chester, United Kingdom.

Hybrisan

Venture Round in 2020
Hybrisan Ltd is a technology company based in Port Talbot, United Kingdom, focused on developing solutions and products for infection control. Established in 2013, the company specializes in the integration of advanced research and industrial expertise in areas such as nanotechnology, antimicrobials, and biofouling. Hybrisan's product lineup includes WT surface and hand sanitizers, along with services in electrospinning and quality control. The company's team comprises leading scientists from various fields, enabling the development of customized solutions to meet specific application needs.

Bond Digital Health

Venture Round in 2020
Bond Digital Health Ltd designs and develops cloud based applications and software solutions for healthcare industry to reduce information gap between patient and medical professionals. The company solutions include Commercial SaaS (software as a service) platform for POC (point of care) test and diagnostics developers and Electronic Patient Reported Outcomes (ePRO’s), it enables sufferers of conditions such as COPD (chronic obstructive pulmonary disease) to manage their condition and connect to their clinical practitioners. The company was incorporated in 2015 and is based in Cardiff, United Kingdom.

AMPLYFI

Series A in 2020
AMPLYFI Ltd. is a software company that specializes in business intelligence solutions, focusing on unlocking and analyzing vast amounts of information available on the internet and deep web. Its primary product, DataVoyant, utilizes artificial intelligence to sift through millions of open-source documents, providing users with unbiased analysis that aids in strategic decision-making. By tapping into resources often overlooked by conventional search engines, DataVoyant offers insights across diverse sectors, including automotive, healthcare, financial services, and media. Founded in 2015, AMPLYFI is headquartered in Cardiff, United Kingdom, and has an additional office in London. The company's expertise in machine learning and data analytics enables it to deliver enhanced knowledge and proactive solutions that address customer needs effectively.

Bot-Hive

Seed Round in 2020
The world’s first digital platform, built for robotics. Making robot technology accessible to small businesses

​Reacta Biotech

Venture Round in 2020
Reacta Biotech has been established to develop, manufacture and commercialise oral food challenge materials to pharmaceutical standards of Good Manufacturing Practice (GMP).

Phytoponics

Seed Round in 2020
MAKING FRESH PRODUCE ABUNDANT AND MORE SUSTAINABLE Phytoponics designs and manufactures Deep Water Culture (DWC) hydroponic growing systems for supply to commercial produce growers. Our mission is to realise and promote the sustainable benefits of hydroponic agriculture at scale through the global deployment of our Deep Water Culture substrate-less growing solutions.

Better Boards

Venture Round in 2020
Better Boards Limited is a consultancy based in London, United Kingdom, founded in 2014. The firm specializes in enhancing the effectiveness of governing boards, executive committees, and individuals aiming for board positions. Its services include onboarding programs, board evaluations, management retreats, as well as licensing and specialized training initiatives. By focusing on the development of governance structures and leadership capabilities, Better Boards aims to improve the overall performance and accountability of organizations.

Just Play Golf

Debt Financing in 2020
Just Play Golf is a driving range facility with beautiful views of the stunning Rhondda Golf Club and Rhondda Valleys.

Kinderly

Venture Round in 2020
Kinderly develops software for early years’ education to help childcare professionals comply with government regulation, to improve communication with parents, and to encourage a fun learning environment at home. It is based in London, England.

BookingLive

Seed Round in 2020
BookingLive provides powerful scheduling, reservation and purchasing experiences that create profitable customer relationships. BookingLive is the leading platform trusted by government departments, retailers, NHS trusts and large multinational organizations to manage their most important customer engagement journeys. These journeys are data-driven, secure, and fully integrated with internal systems and software. BookingLive have worked with organizations like SKY, BBC, CAPITA, and the UK Government processing millions of bookings every single year.

Yimba

Seed Round in 2019
Yimba Ltd develops a fintech multimedia and marketing platform that enables banks to differentiate their mobile wallet offering and generate new consumer insights. Its platform offers digital cobrand and affinity; aggregated fintech; and personalized marketing and engagement services. The company was incorporated in 2019 and is based in Chester, United Kingdom.

Pinpoint Scientific

Venture Round in 2019
Pinpoint Scientific Limited specializes in designing and manufacturing microbiological environmental monitoring solutions tailored for the pharmaceutical industry. The company’s core offerings include the ImpactAir microbial air sampler, which provides continuous monitoring in critical environments, and the ImpactAir ISO, a modular system that can be integrated into isolators or Restricted Access Barrier Systems (RABS). Additionally, Pinpoint produces the Contact Plate Applicator for cleanroom surface sampling and personnel monitoring, along with various microbiological sampling accessories like the PlateMate, which minimizes direct contact during petri dish handling to reduce contamination risk. Founded in 2009 and based in Bridgend, United Kingdom, Pinpoint Scientific also offers contract design services to meet specific client needs.

BlackDice

Seed Round in 2019
BlackDice Cyber Limited, incorporated in 2019 and based in Leeds, United Kingdom, specializes in cybersecurity solutions powered by artificial intelligence and machine learning. The company offers innovative software designed to protect networks and Internet of Things (IoT) devices from cyber threats by identifying and monitoring device behaviors. Its patented technology allows telecom operators to enhance their service offerings, thereby reducing customer churn and increasing revenue. By connecting to cloud services with minimal resource consumption, BlackDice provides continuous protection for any network, anywhere, along with real-time threat assessments and filtering capabilities.

Wagonex

Venture Round in 2019
Wagonex is a cars-as-a-service platform offering cars on subscription. We provide our fleet partners with the marketplace for distribution and fleet management engine enabling them to monetise dormant inventory, whilst offering consumers a flexible alternative to ownership. We have a simple vision, to address the pain points of ownership by offering an entirely flexible alternative. As the first independent UK business focused on car subscription and supported by significant industry players, we are well placed to help develop this exciting area of the automotive industry.

Moneyshake

Angel Round in 2019
Moneyshake.com Limited operates car leasing comparison site that enables users to compare and find new lease car in the United KingdomThe company was formerly known as Lifepa.Com Limited and changed its name to Moneyshake.com Limited in December 2008. Moneyshake.com Limited was founded in 2007 and is based in Newcastle, United Kingdom.

BiVictriX Therapeutics

Seed Round in 2019
BiVictriX Therapeutics Ltd. develops bispecific antibody drug conjugates to target unmet need in blood cancer. The company was incorporated in 2016 and is based in Alderley Edge, United Kingdom.

Bombora wave power

Debt Financing in 2019
Founded in 2012 in Perth Western Australia, Bombora is an award-winning ocean energy company. Bombora has established its European operations in Pembrokeshire, Wales in the heart of a dynamic, wave and tidal energy focussed region. Bombora’s innovative mWave produces environmentally friendly, consistent and cost competitive energy for commercial scale energy needs in coastal locations throughout the world.

Quote on Site

Seed Round in 2019
QuoteOnSite was founded in 2017 by husband and wife team TJ and Elaine Amas. Based in Swansea with two young children, the idea surfaced five years ago after noticing a need for a quoting tool within the trade and construction industry. After two years of market research, developing the product and a huge amount of testing, QuoteOnSite officially launched. TJ and Elaine then spent a further two years of bootstrapping while developing the product to make it suitable across all sectors and therefore applicable to all SMEs. They have now just received investment which has enabled them to work full time for QuoteOnSite which will in turn enable accelerated growth.

Delio

Venture Round in 2019
Delio Limited is a technology platform based in Cardiff, United Kingdom, that specializes in providing digital solutions for wealth management firms, private banks, and other financial institutions. The platform enables these organizations to effectively engage in private investment markets, including direct private and peer-to-peer investments. By offering a white label solution, Delio allows its clients to enhance their services in a structured and compliant manner, addressing the unique challenges faced in the financial industry.

Hut Six

Seed Round in 2019
Hut Six Security Ltd. designs and develops software for information security training. It offers cloud-based cyber security awareness tutorials. Its tutorials are used to raise awareness and corrective behavior among information technology users. The company was founded in 2016 and is based in Newport, United Kingdom.

Bionema

Seed Round in 2019
Bionema is a leading biopesticide product testing and technology development company, specialising in chemical-free, organic crop protection. Research is focused on the development of natural products to protect crops from insect damage, reducing the use of synthetic pesticides, enhancing food security and increasing crop yields. Bionema supplies specialist bio-control products to the horticulture, turf and amenity and forestry sectors, providing training aimed at increasing the product efficacy.

Thalia Design Automation

Venture Round in 2019
Thalia Design Automation Ltd. is a semiconductor electronic design automation (EDA) company based in Bath, United Kingdom, with an engineering center in Hyderabad, India. Established in 2011, the company specializes in software solutions for the design of analog and mixed-signal integrated circuits. Thalia offers AMALIA, an analog circuit optimizer toolset that employs advanced methodologies and algorithms for circuit solutions, and EMERA, a toolset focused on the design and optimization of power devices using finite element decomposition. Additionally, Thalia provides analog circuit porting services and offers its solutions as Software as a Service (SaaS), allowing customers to access the tools either onsite or via the cloud. The company also engages in custom power device development as an intellectual property service, facilitating the reuse and optimization of existing designs for new technologies and applications.

Toddle

Seed Round in 2019
Toddle is a skincare brand specializing in natural products for children. The company focuses on creating gentle skincare solutions that are safe for the delicate skin of babies and toddlers. Its product line includes items such as lip balm, hand gel, sun cream, and wind protection cream, all made from vegan ingredients. Toddle aims to provide parents with allergen-free options, ensuring that children can benefit from effective skincare without harsh chemicals.

AMPLYFI

Seed Round in 2019
AMPLYFI Ltd. is a software company that specializes in business intelligence solutions, focusing on unlocking and analyzing vast amounts of information available on the internet and deep web. Its primary product, DataVoyant, utilizes artificial intelligence to sift through millions of open-source documents, providing users with unbiased analysis that aids in strategic decision-making. By tapping into resources often overlooked by conventional search engines, DataVoyant offers insights across diverse sectors, including automotive, healthcare, financial services, and media. Founded in 2015, AMPLYFI is headquartered in Cardiff, United Kingdom, and has an additional office in London. The company's expertise in machine learning and data analytics enables it to deliver enhanced knowledge and proactive solutions that address customer needs effectively.

Procarta Biosystems

Venture Round in 2019
Procarta Biosystems Ltd, founded in 2007 and based in Norwich, United Kingdom, develops innovative antibacterial therapies using a DNA-based platform. The company focuses on addressing the growing challenge of drug-resistant bacterial strains by offering a range of proprietary nanoparticles, collectively referred to as "snare." These nanoparticles facilitate the delivery of oligonucleotides targeting various bacterial pathogens, including MRSA, through both topical and intravenous solutions. Additionally, Procarta's therapies include a broad-spectrum treatment for Gram-negative infections, particularly those acquired in hospital settings, and a specific solution aimed at preventing the recurrence of Clostridium difficile infections. Originating as a spin-out from the John Innes Centre, Procarta has garnered early-stage investment and operates within the Norwich Research Park, contributing to advancements in antibiotic development for challenging infections.

OpenGenius

Venture Round in 2019
OpenGenius are creators of the pioneering Mind Mapping, brainstorming and project planning software, iMindMap and uniquely visual task management app, DropTask. Over a million people have used their tools to improve their creativity, productivity and leadership skills. OpenGenius deliver bespoke and accredited training courses worldwide in Mind Mapping, Applied Innovation, Speed Reading, Leadership and Memory Skills. With over 40 years of research and experience behind us, they are experts in creating results-driven training, ensuring the best possible outcomes for their clients.

Forth

Seed Round in 2019
Forth are a group of clinical and digital experts who are passionate about healthcare. They’re part of a new breed of digital healthcare companies who are transforming people’s relationship with their health by using technology to give them more information and help them gain greater control.

Clever Chefs

Debt Financing in 2019
Clever Chefs is a Premium caterer which serves truly unique and inspiring local food to weddings & events covering the south of England & Wales. based in Cardiff & Bristol

A1 Eyewear

Debt Financing in 2019
A1 Eyewear provide an end-to-end service to all of our customers, offering eye tests, contact lenses, glasses, sunglasses, accessories, repairs, and maintenance service. This is in addition to customer discounts, and advice on a number of different eye care schemes.

Thermetrix

Seed Round in 2019
Thermetrix Ltd. designs and manufactures hardware and software for personal healthcare systems and devices. It offers design, software development, and research and testing services. The company was founded in 2016 and is based in Abercynon, United Kingdom.

Coincover

Seed Round in 2018
Digital Asset Services Limited, trading as Coincover, offers cryptocurrency security and assurance solution to individual investors, fund managers, professional traders, and corporate customers. It offers deposit protection, crypto key storage and recovery, lost key protection, cryptocurrency wills, buy and sell crypto, theft insurance, and accumulation plans. The company was founded in 2018 and is based in Cardiff, United Kingdom.

Motokiki

Seed Round in 2018
Motokiki is an impartial tire comparison platform based in the UK that connects consumers with the tire market. The service offers users access to comprehensive information regarding tire prices, purchasing processes, and proper fitment guidelines. By providing detailed comparisons and advice, Motokiki enables shoppers to make informed decisions when selecting tires for their vehicles. Additionally, the platform promotes road safety by educating users on the importance of choosing the correct tire and wheel sizes.

Careercake

Venture Round in 2018
Careercake Limited operates an online learning platform that offers on-demand access to career and business training courses. It offers training for businesses in the areas of professional development, diversity and inclusion, health and wellbeing, and career development. The company was incorporated in 2015 and is based in Cardiff, United Kingdom.

Drone Evolution

Seed Round in 2018
Provider of drone services intended to inspect a property or area of land with a drone saving time. The company offers tethered drones that can stay in the air for extended periods and training facilities for the respective sectors, enabling business organizations to use drones for various situations in a commercial setting and get their work done in an efficient manner.

ADC Biotechnology

Venture Round in 2018
ADC Biotechnology Ltd produces new antibody drug conjugate based anti-cancer drugs in the oncology field. The company offers Lock-Release, a drug purification process that eliminates several steps, purification equipment, and reduces process risks. It also offers a range of consultancy and R&D services for drug developers and manufacturers. ADC Biotechnology Ltd was formerly known as Reaxa Biotech Ltd and changed its name to ADC Biotechnology Ltd in May 2010. The company was founded in 2010 and is based in St Asaph, United Kingdom.

W2 Global Data

Series A in 2018
W2 provide a wide range of web-based, online screening tools and services to help organisations make quick, informed decisions about the people and organisations they are interacting with. The solutions and associated services that W2 provide enable organisations to achieve regulatory compliance by conducting Know Your Customer (KYC), Anti Money Laundering (AML) and Fraud prevention due diligence. W2 offers solutions including, but not limited to, Age & ID verification, PEP and Sanctions screening, Enhanced Due Diligence, device location and reputation management as well as a wide range of professional services. W2 have partnered with some of the world’s largest data providers to ensure that you get simple, real-time access to reliable, up to date information.

Mazuma

Debt Financing in 2018
Mazuma offers online and remote accountancy and bookkeeping services to small businesses across the UK.

Something Different Wholesale

Debt Financing in 2018
Something Different Wholesale is a supplier of giftware. It products include general giftware, home accessories, garden products and ethically sourced ranges amongst many others.

Head Candy

Debt Financing in 2018
Head Candy Hair Salon Market Harborough offers all type of hairdressing; from contemporary to traditional. We are specialists in colour and complete style changes, whilst providing you with a relaxed and informal setting. Hairdressing services for women, men, teens and children.

LIGNIA Wood Company

Venture Round in 2018
LIGNIA is the company is helping to tackle issues around the limited supplies of legal and sustainable hardwoods

Ocean Matters

Debt Financing in 2018
At Ocean Matters, They strongly believe that with an acute focus on sustainable cleaner fish supply and utilization, they can help make a meaningful difference. It’s this vision that drives them forward every day. Their mission is to become an industry leader in sustainable sea-lice management solutions by developing consistently reliable supplies of healthy cleaner fish and deepening their experience and support around their successful deployment. Their deep knowledge of marine water RAS systems and water treatment will help mark a difference.

Oil4Wales

Debt Financing in 2018
Oil 4 Wales is an independent fuel supplier providing a much needed range of services to homes, businesses, commercial premises, agricultural and retail customers throughout Wales.

HexHog

Debt Financing in 2018
HexHog manufactures all terrain vehicle(ATV) with functional attributes of a wheelchair.

Robinwood

Debt Financing in 2018
Robinwood run a number of popular education and activity centres for primary school groups from age 7 to 11. Children can climb and canoe, ride a giant swing or zoom down a zipwire – all at the same site. Lessons and activities are tailored for different year groups, all studying key stage 2.

Camtronics Vale

Debt Financing in 2018
Camtronics Vale Limited, an electronics manufacturer, manufactures electronic assemblies for use in scientific, medical, industrial, automotive, and LED lighting industries in the United Kingdom and Europe. Its services include surface mount assembly, LED placements, electronic assembly, PCB assembly, box building, programming, and testing. The company was founded in 1994 and is based in Tredegar, United Kingdom. Camtronics Vale Limited operates as a subsidiary of PhotonStar LED Group PLC.

Bionema

Seed Round in 2018
Bionema is a leading biopesticide product testing and technology development company, specialising in chemical-free, organic crop protection. Research is focused on the development of natural products to protect crops from insect damage, reducing the use of synthetic pesticides, enhancing food security and increasing crop yields. Bionema supplies specialist bio-control products to the horticulture, turf and amenity and forestry sectors, providing training aimed at increasing the product efficacy.

Talkative

Series A in 2018
Talkative Ltd provides real-time customer engagement software that helps companies to connect with their online customers. Its solution allows website visitors to do voice web calling, video web calling, co-browsing, and web chat with companies from within their websites. The company was incorporated in 2015 and is based in Newport, United Kingdom.

Carapace Slate

Seed Round in 2018
Based just outside of Cardiff, South Wales, Carapace Slate is a revolutionary, snap-fit roof tile set to make huge waves within the construction sector. Made using the discarded materials from Wales’ industrial past, Carapace Slate is a composite, snap-fit roof tile that captures the natural beauty of quarried Welsh slate by cleverly replicating the character and colouring that is consistent with any regional variety.

Jellagen

Series B in 2018
Jellagen Pty Ltd is a Med-Tech company based in Pembroke Dock, United Kingdom, specializing in high-grade native collagen derived from jellyfish. Founded in 2013, the company provides non-mammalian jellyfish collagen for various applications, including tissue engineering, regenerative medicine, stem cell research, and cell culture. Jellagen's products are designed to meet complex medical needs, offering batch-to-batch consistency that enhances research and development capabilities for medicinal researchers. The collagen is available in both solution and powder forms, facilitating in-house research and supporting the development of innovative medical devices focused on wound management and tissue engineering.

NearMeNow

Seed Round in 2018
NearMeNow Ltd. is a company that has developed a mobile application aimed at enhancing the visibility and engagement of local shops and suppliers within their communities. The app offers features such as augmented reality, instant messaging, geo-location tagging, online transactions, and campaign planning, allowing businesses to effectively advertise and compete against larger brands and online retailers. Targeting individual business owners primarily in Cowbridge, Vale of Glamorgan, and other areas of Wales, NearMeNow provides a cost-effective digital solution to help revitalize struggling high streets. Founded in 2016 and based in Caerphilly, United Kingdom, the application is accessible on both iOS and Android platforms, facilitating improved collaboration among local businesses and promoting the benefits of shopping locally.

Middletons

Venture Round in 2018
Middletons is home to a range of incredible products that offer you the freedom to live life without limits. Their wide range of products are available to buy in thier showrooms or from the comfort of your home own.At Middletons, they are very proud of their history. Today, they are one of the UK’s largest independent furniture designers. their range of life-changing products includes rise and recline chairs, adjustable beds, mobility scooters, and wheelchairs. Quality, choice, great designs, and value have always been our priority, and continue to be at the forefront of everything they do. Their years of experience mean they truly understand the importance of the customer experience. That’s why many of their products are made-to-measure, and designed to fit you and your home. Their customer service is outstanding, and we’re passionate about helping you choose the right product for you. They manufacture all their chairs and beds right here in the UK, and our highly skilled craftspeople use only the finest materials to create their furniture. This means you can rest assured that your Middletons product will be built to the highest standards, and last for years to come.

Simply Do Ideas

Seed Round in 2018
Simply Do is an enterprise SaaS platform enabling organisations to efficiently crowdsource innovation to deliver business improvement. The AI-powered product is used by clients from across academia, engineering, healthcare, financial services and government. They recently featured in '20 SaaS Startups to Watch in 2020' alongside Salesforce and Slack (AiThority.com).

PulmonIR

Grant in 2018
PulmonIR is focused on the research and development of innovative medical devices aimed at detecting and monitoring lung diseases, particularly chronic obstructive pulmonary disease (COPD) and lung cancer. The company's technology is designed to assist healthcare professionals in diagnosing COPD patients more efficiently, allowing for quicker and safer treatment options for those suffering from these conditions. By streamlining the testing process, PulmonIR aims to improve patient outcomes and enhance the overall management of lung diseases.

ECR Concepts Software

Debt Financing in 2018
ECR Concepts Software Ltd provide high quality EPOS system solutions throughout the UK. Based in Cardiff South Wales, we offer tailor made packages and bespoke EPOS systems at affordable prices. We provide installation, training and support for your business. A one-stop solution for everything EPOS. You can visit our showroom in Cardiff where our friendly team will show you the many solutions to improve and help your business.

Paperclip

Venture Round in 2018
Paperclip App Ltd. is a company based in Penarth, United Kingdom, established in 2014. It specializes in developing a mobile application that facilitates location-based trading of items. The Paperclip app allows users to buy, sell, swap, and recycle unwanted items with others in their vicinity, making it easy to exchange goods within the community. The application is available for both iPhone and Android devices, catering to a wide audience interested in sustainable consumer practices.

Natural Ambition

Debt Financing in 2018
Natural Ambition is dedicated in developing a company, which will offer natural, organic and clean sports nutrition products.

MII Engineering

Debt Financing in 2018
MII Engineering provides engineering services. The Company specializes in installation, fabrication, machining, steelwork, pipework design, repairs, maintenance, electrical installation, refurbishment, relocation, and testing services. MII Engineering operates in the United Kingdom.

doopoll

Venture Round in 2018
doopoll helps organisations get closer to the people they care about with real time surveys. With customers ranging from sole founder companies to FTSE100 firms, doopoll users see increases in response rate of 3-4x and capture contact information on 40%+ responses meaning they build big, targeted email lists.

Course Match

Seed Round in 2018
Course Match is tackling the issue of student drop out rates at higher education - a truly global issue! they are trying to revolutionise the way students find degree schemes to pursue at University. Existing support for these prospective students simply isn't good enough, and they believe important educational decisions in a students life should be made based on more than an hourly careers advice meeting, a simple survey, or just gut feeling.

Signum Health

Venture Round in 2018
Signum Health’s cloud based diagnosis and referral service enables Health Care Professsionals to electronically.