Development Bank of Wales

Development Bank of Wales is an independent venture capital firm established in 2001, headquartered in Cardiff, with additional offices across Europe. The organization focuses on providing commercial funding to small and medium-sized enterprises (SMEs) in Wales, investing both private and public funds, including EU resources. It specializes in various forms of financing, such as bridge financing, succession funding, project finance, and micro loans, catering to a diverse range of sectors including technology, healthcare, manufacturing, and services. The firm aims to support startups and established businesses alike, offering investments from £0.001 million to £2 million, with potential follow-on funding up to £5 million. Development Bank of Wales targets companies with a turnover of up to €50 million and a workforce of no more than 250 employees, fostering growth and innovation within the Welsh economy.

Mark Bowman

Venture Fund Manager

Bethan Cousins

New Business Director

Rhian Elston

Deputy Fund Manager

Rhodri Evans

Deputy Fund Manager

Carl Griffiths Ph.D

Technology Seed Fund Manager

Chris Griffiths

Technical Investment Director

Carl Griffiths

Technology Seed Fund Manager

Hannah Mallen

Techonology Venture Investment Graduate

Andrew Morris

Investor

Mike Owen

New Investments Fund Manager

Cenydd Rowlands

Property Director

Nick Stork

Fund Manager

Giles Thorley

CEO

Past deals in United Kingdom

PlantSea

Pre Seed Round in 2024
PlantSea is a company based in Gaerwen, England, that specializes in manufacturing sustainable products derived from seaweed and aquaculture materials. The company focuses on creating biodegradable alternatives to petroleum-based plastics, offering biomaterials that are naturally degradable and compostable. By supporting seaweed aquaculture, PlantSea aims to produce sustainable raw materials while contributing to carbon sequestration efforts. This innovative approach enables clients to meet their environmental and sustainability objectives effectively.

Tendertec

Seed Round in 2024
Tendertec Limited, founded in 2017 and based in Cardiff, UK, specializes in developing room sensing technology aimed at supporting independent living for elderly and vulnerable individuals. The company offers a safety and monitoring system known as Tenderbox, which empowers care providers to oversee the well-being of these individuals and make informed, data-driven decisions. The system is designed to automatically alert family members, caregivers, and emergency services in the event of a fall, enabling responders to remotely assess the situation and provide immediate assistance. Additionally, Tenderbox facilitates communication between users, their families, and caregivers, while generating fall risk assessment reports to enhance care planning and delivery. Tendertec has received several accolades for its innovative approach, including recognition as a disruptive product in healthcare and mentions in various tech rankings.

Kubos Semiconductors

Seed Round in 2024
Kubos Semiconductors Ltd, established in 2017 and based in Cambridge, United Kingdom, specializes in the development and commercialization of cubic gallium nitride (GaN) technology for the LED manufacturing industry. The company focuses on producing high-efficiency, low-cost semiconductors that enable the creation of green light-emitting diode stacks. By utilizing exclusive licenses for cubic growth and silicon substrates, Kubos Semiconductors aims to enhance energy savings for its clients while reducing production costs. Its innovative approach positions the company as a key player in advancing LED technology through the application of its intellectual property.

Clinithink

Venture Round in 2024
Clinithink Ltd is a healthcare software company based in Bridgend, United Kingdom, that specializes in cloud-based data analytics solutions. Founded in 2009, the company has developed a platform known as CLiX, which employs Natural Language Processing (NLP) to convert unstructured clinical narratives into structured data. This technology allows healthcare providers, pharmaceutical companies, and content vendors to collect and analyze clinical trial data effectively. Clinithink's products include CLiX ENRICH, which facilitates the indexing and recording of clinical trial data in a preferred narrative format, and CLiX RARE, aimed at diagnosing genetic disorders in newborns. Through its innovative approach, Clinithink supports healthcare applications in data analytics, coding, and decision-making.

Bikmo

Series A in 2023
Bikmo Limited is a UK-based company that specializes in cycle insurance, offering comprehensive coverage for accidental damage, public liability, and theft, with no excess on replacements. Founded in 2011 and originally known as 45NORTH LTD, the company rebranded to Bikmo Limited in July 2017. Initially starting as a bike and kit comparison engine, Bikmo shifted its focus to insurance, leveraging its expertise in the cycling sector. The company has gained recognition as an award-winning provider in the industry and is committed to sustainable practices, aiming to protect both riders and the environments they enjoy.

Kubos Semiconductors

Grant in 2023
Kubos Semiconductors Ltd, established in 2017 and based in Cambridge, United Kingdom, specializes in the development and commercialization of cubic gallium nitride (GaN) technology for the LED manufacturing industry. The company focuses on producing high-efficiency, low-cost semiconductors that enable the creation of green light-emitting diode stacks. By utilizing exclusive licenses for cubic growth and silicon substrates, Kubos Semiconductors aims to enhance energy savings for its clients while reducing production costs. Its innovative approach positions the company as a key player in advancing LED technology through the application of its intellectual property.

Halo Therapeutics

Seed Round in 2023
Halo Therapeutics is a biotechnology company based in Bristol, England, founded in 2020. The company specializes in developing pan-coronavirus antivirals aimed at treating COVID-19 and other viral infections. By leveraging its expertise in structural biology, virology, and computational chemistry, Halo Therapeutics focuses on researching the structural characteristics of viruses and formulating fatty acids into medicinal compounds that can effectively target and inhibit viral activity. This innovative approach enables the development of proprietary antiviral therapeutics designed to provide sustainable treatment options for patients, facilitating their medical needs in a home care setting.

Wagonex

Venture Round in 2022
Wagonex Limited is a mobility-as-a-service platform based in Cardiff, United Kingdom, that specializes in offering cars on subscription as an alternative to traditional ownership or leasing. Founded in 2016, the company connects vehicle providers with consumers through its innovative platform, which allows for flexible contracts ranging from one month to two years. By providing a marketplace for distribution and fleet management, Wagonex enables fleet partners to monetize dormant inventory while delivering an all-inclusive service to customers. This includes features such as car repair, insurance, maintenance, and roadside assistance, allowing clients to enjoy the benefits of car usage without the associated responsibilities of ownership. As a pioneering independent business in the UK focused on car subscription, Wagonex aims to address the challenges of vehicle ownership and contribute to the evolving landscape of the automotive industry.

QLM Technology

Series A in 2022
QLM Technology Ltd., based in Bristol, United Kingdom, specializes in the development of advanced gas detection and imaging systems. The company focuses on creating low-power tuneable diode lidar (TDLidar) technology that employs infrared single-photon detection to identify gas leaks. This innovative solution is designed for natural gas producers, distributors, and service providers, allowing for enhanced monitoring of gas production and distribution assets while addressing concerns related to fugitive greenhouse gas emissions. Established in 2017, QLM Technology aims to provide the industry with high-precision quantum optical sensors that enable the detection and quantification of even the smallest gas leak rates. By improving safety and reducing operational costs, QLM's technology represents a significant advancement in gas leak identification and monitoring.

Ceryx Medical

Seed Round in 2022
Ceryx Medical Limited specializes in the development and manufacturing of bio-electronic devices that utilize patented chip technology to replicate Central Pattern Generators (CPGs) within the human body. Founded in 2016 and based in Bath, United Kingdom, the company’s innovative devices aim to manage various autonomic and rhythmic bodily processes, including peristalsis, heart rate, and walking. Ceryx Medical focuses on restoring normal function in these processes when they are disrupted due to disease or injury, offering potential therapeutic solutions for conditions such as heart failure.

Bond Digital Health

Venture Round in 2021
Bond Digital Health Ltd is a technology company based in Cardiff, United Kingdom, specializing in cloud-based applications and software solutions for the healthcare industry. Established in 2015, the company focuses on bridging the information gap between patients and medical professionals through its digital platform designed for point-of-care (POC) diagnostics. Bond's offerings include a Software as a Service (SaaS) platform that facilitates the collection of objective test results alongside patient-reported outcomes (ePROs), enhancing the management of chronic conditions such as chronic obstructive pulmonary disease (COPD). This platform allows healthcare practitioners to access comprehensive patient data, enabling more personalized and cost-effective treatment options. Bond has collaborated with key industry leaders to develop next-generation solutions that prioritize user experience and real-time decision-making through data aggregation and analytics. The company's commitment to regulatory compliance ensures that its technology remains secure and reliable, positioning it as a trusted partner in the healthcare sector.

SolasCure

Series A in 2021
SolasCure Limited is a biotechnology company based in Wales, United Kingdom, focused on developing innovative solutions for patients with chronic wounds. Founded in 2017, the company is advancing its product Aurase, a hydrogel designed to facilitate wound debridement by removing dead, damaged, or infected tissue to enhance healing. Aurase incorporates a recombinant enzyme derived from maggots, leveraging biomimicry and evidence-based medicine to improve wound care outcomes. SolasCure aims to provide effective wound bed preparation across various healthcare settings, ultimately accelerating the healing process for individuals suffering from chronic wounds.

Space Forge

Seed Round in 2021
Space Forge Limited, founded in 2018 and based in Bristol, United Kingdom, focuses on developing reusable satellites for manufacturing unique materials in space. The company's innovative approach allows for the production of super materials that cannot be created on Earth, utilizing the advantages of the space environment. Space Forge manufactures alloys, metals, and crystals used across various industries, including computing, telecommunications, and pharmaceuticals. By leveraging space-based manufacturing, the company aims to contribute to a cleaner industrial revolution, helping clients reduce energy loss and carbon emissions while producing lighter vehicles and improving material properties. The company operates laboratories in Bristol and Wales to support its research and development efforts.

QLM Technology

Seed Round in 2021
QLM Technology Ltd., based in Bristol, United Kingdom, specializes in the development of advanced gas detection and imaging systems. The company focuses on creating low-power tuneable diode lidar (TDLidar) technology that employs infrared single-photon detection to identify gas leaks. This innovative solution is designed for natural gas producers, distributors, and service providers, allowing for enhanced monitoring of gas production and distribution assets while addressing concerns related to fugitive greenhouse gas emissions. Established in 2017, QLM Technology aims to provide the industry with high-precision quantum optical sensors that enable the detection and quantification of even the smallest gas leak rates. By improving safety and reducing operational costs, QLM's technology represents a significant advancement in gas leak identification and monitoring.

Yimba

Convertible Note in 2021
Yimba Ltd is a fintech company based in Chester, United Kingdom, that specializes in developing a multimedia and marketing platform aimed at enhancing mobile wallet offerings for banks. Founded in 2019, Yimba's platform provides tools for digital co-branding, aggregated fintech solutions, and personalized marketing and engagement services. By leveraging advanced technology, Yimba enables banks to differentiate their services, distribute tailored content, and improve customer experience, while also transforming the costs associated with digital wallets into new revenue streams. This innovative approach allows financial institutions to gain deeper consumer insights and foster stronger connections with their clientele.

Litelok

Equity Crowdfunding in 2021
Litelok is a business focused on providing innovative anti-theft solutions for bicycles, e-bikes, scooters, and motorbikes. Founded by Neil Barron and Will Riley in 2013, Litelok emerged from the need for a lightweight yet secure bike lock after Barron experienced multiple bike thefts. The company's flagship product, the Litelok, is a flexible and robust bike lock made from a patented composite material called Boaflexicore, which offers superior security against various theft methods. Weighing just 1.1 kg, Litelok is notably lighter than comparable locks and allows for easy attachment to a variety of fixed objects. It has received the highest security rating of Gold from Sold Secure, a recognized independent testing body in the UK, ensuring its reliability and effectiveness. The lock is designed for convenient use, featuring a simple click-to-lock mechanism and options for easy transport. With a growing reputation among bike owners worldwide, Litelok aims to enhance bicycle security through its innovative products.

Finboot

Venture Round in 2021
Finboot is a company that specializes in blockchain technology, offering an enterprise-grade software-as-a-service product called MARCO. This platform enables organizations to seamlessly integrate blockchain solutions into their value and supply chains across various industries, including Oil & Gas, Chemicals, Consumer Goods, Automotive, Travel, and Healthcare. Established in 2016 with operations in London and Barcelona, Finboot has positioned itself as a leader in the enterprise blockchain sector. MARCO allows businesses to experiment with and validate blockchain applications efficiently, enhancing operational efficiency, reducing costs, and minimizing complexities. The platform emphasizes traceability, transparency, and compliance, thereby supporting organizations in meeting sustainability and environmental, social, and governance (ESG) criteria. Successful implementations of MARCO have improved processes in areas such as quality control in Oil & Gas, environmental sustainability in garment production, and invoice reconciliation in airport logistics, showcasing its potential to transform business operations.

Bond Digital Health

Venture Round in 2020
Bond Digital Health Ltd is a technology company based in Cardiff, United Kingdom, specializing in cloud-based applications and software solutions for the healthcare industry. Established in 2015, the company focuses on bridging the information gap between patients and medical professionals through its digital platform designed for point-of-care (POC) diagnostics. Bond's offerings include a Software as a Service (SaaS) platform that facilitates the collection of objective test results alongside patient-reported outcomes (ePROs), enhancing the management of chronic conditions such as chronic obstructive pulmonary disease (COPD). This platform allows healthcare practitioners to access comprehensive patient data, enabling more personalized and cost-effective treatment options. Bond has collaborated with key industry leaders to develop next-generation solutions that prioritize user experience and real-time decision-making through data aggregation and analytics. The company's commitment to regulatory compliance ensures that its technology remains secure and reliable, positioning it as a trusted partner in the healthcare sector.

Ceryx Medical

Seed Round in 2020
Ceryx Medical Limited specializes in the development and manufacturing of bio-electronic devices that utilize patented chip technology to replicate Central Pattern Generators (CPGs) within the human body. Founded in 2016 and based in Bath, United Kingdom, the company’s innovative devices aim to manage various autonomic and rhythmic bodily processes, including peristalsis, heart rate, and walking. Ceryx Medical focuses on restoring normal function in these processes when they are disrupted due to disease or injury, offering potential therapeutic solutions for conditions such as heart failure.

FuelActive

Venture Round in 2020
FuelActive Ltd specializes in the manufacture of fuel delivery systems aimed at addressing fuel contamination issues. Founded in 1998 and based in Cardiff, United Kingdom, the company offers solutions that help eliminate fuel-related breakdowns, reduce machine downtime and maintenance, and improve fuel efficiency. Its innovative fuel pick-up units and associated technologies are designed to prevent filter blockages and engine failures, serving various sectors including construction, mining, transport, military, power generation, marine, and agriculture. Originally established as Fairwater Fuel Systems Limited, the company rebranded to FuelActive Ltd in June 2007 to reflect its focus on advanced fuel management solutions.

Space Forge

Seed Round in 2020
Space Forge Limited, founded in 2018 and based in Bristol, United Kingdom, focuses on developing reusable satellites for manufacturing unique materials in space. The company's innovative approach allows for the production of super materials that cannot be created on Earth, utilizing the advantages of the space environment. Space Forge manufactures alloys, metals, and crystals used across various industries, including computing, telecommunications, and pharmaceuticals. By leveraging space-based manufacturing, the company aims to contribute to a cleaner industrial revolution, helping clients reduce energy loss and carbon emissions while producing lighter vehicles and improving material properties. The company operates laboratories in Bristol and Wales to support its research and development efforts.

Bikmo

Series A in 2020
Bikmo Limited is a UK-based company that specializes in cycle insurance, offering comprehensive coverage for accidental damage, public liability, and theft, with no excess on replacements. Founded in 2011 and originally known as 45NORTH LTD, the company rebranded to Bikmo Limited in July 2017. Initially starting as a bike and kit comparison engine, Bikmo shifted its focus to insurance, leveraging its expertise in the cycling sector. The company has gained recognition as an award-winning provider in the industry and is committed to sustainable practices, aiming to protect both riders and the environments they enjoy.

Hybrisan

Venture Round in 2020
Hybrisan Ltd is a company based in Port Talbot, United Kingdom, focused on developing technology solutions and products for infection control. Established in 2013, it specializes in creating innovative products such as surface and hand sanitizers. The company leverages the expertise of its team, which consists of leading scientists in the fields of nanotechnology, antimicrobials, and biofouling, to deliver customized solutions that address various infection control needs. In addition to product development, Hybrisan offers services in electrospinning, antimicrobials, and quality control, ensuring that its offerings are both ethical and affordable alternatives in the medical technology space.

Bond Digital Health

Venture Round in 2020
Bond Digital Health Ltd is a technology company based in Cardiff, United Kingdom, specializing in cloud-based applications and software solutions for the healthcare industry. Established in 2015, the company focuses on bridging the information gap between patients and medical professionals through its digital platform designed for point-of-care (POC) diagnostics. Bond's offerings include a Software as a Service (SaaS) platform that facilitates the collection of objective test results alongside patient-reported outcomes (ePROs), enhancing the management of chronic conditions such as chronic obstructive pulmonary disease (COPD). This platform allows healthcare practitioners to access comprehensive patient data, enabling more personalized and cost-effective treatment options. Bond has collaborated with key industry leaders to develop next-generation solutions that prioritize user experience and real-time decision-making through data aggregation and analytics. The company's commitment to regulatory compliance ensures that its technology remains secure and reliable, positioning it as a trusted partner in the healthcare sector.

Amplyfi

Series A in 2020
Amplyfi, established in 2015 and headquartered in Cardiff, UK, specializes in AI-driven business intelligence software. Its core product, DataVoyant, leverages artificial intelligence to explore and analyze the deep web, uncovering relevant open-source content that conventional search engines miss. This service aids enterprises across diverse sectors, such as automotive, finance, and healthcare, in making informed decisions by providing unbiased, data-driven insights. Amplyfi's technology combines machine learning and data analytics with advanced search capabilities, enabling clients to proactively address market trends and customer needs.

Better Boards.

Venture Round in 2020
Better Boards Limited is a consultancy focused on enhancing the effectiveness of governing boards, executive committees, and aspiring board members. Founded in 2014 and based in London, the firm offers a range of services including onboarding, board evaluations, management retreats, and specialized training programs. These services are informed by proprietary peer-reviewed research, allowing clients to improve their board dynamics and overall organizational governance. Better Boards aims to empower organizations through the development of strong, effective leadership structures.

kinderly

Venture Round in 2020
Kinderly is a London-based company that specializes in software solutions for early years' education. Its platform assists childcare professionals in documenting and sharing the developmental progress of children using various electronic media such as notes, pictures, video, and audio. By facilitating effective communication between nursery staff and parents, Kinderly aims to enhance parental engagement and involvement, ultimately supporting better educational outcomes for children. The software also helps professionals comply with government regulations while creating a fun and engaging learning environment at home, making it accessible to families regardless of their economic circumstances.

BookingLive

Seed Round in 2020
BookingLive is a leading online booking platform that specializes in providing scheduling, reservation, and purchasing solutions to enhance customer engagement. The platform is utilized by various sectors, including government departments, retailers, NHS trusts, and large multinational organizations, to effectively manage customer interactions. BookingLive's system enables clients to oversee administration users, customer databases, and memberships, facilitating online booking management and payment processing. Notable clients include SKY, BBC, CAPITA, and the UK Government, with the platform handling millions of bookings annually. The service is designed to be data-driven, secure, and fully integrated with existing internal systems, ensuring a seamless experience for both businesses and their customers.

Yimba

Seed Round in 2019
Yimba Ltd is a fintech company based in Chester, United Kingdom, that specializes in developing a multimedia and marketing platform aimed at enhancing mobile wallet offerings for banks. Founded in 2019, Yimba's platform provides tools for digital co-branding, aggregated fintech solutions, and personalized marketing and engagement services. By leveraging advanced technology, Yimba enables banks to differentiate their services, distribute tailored content, and improve customer experience, while also transforming the costs associated with digital wallets into new revenue streams. This innovative approach allows financial institutions to gain deeper consumer insights and foster stronger connections with their clientele.

Wagonex

Venture Round in 2019
Wagonex Limited is a mobility-as-a-service platform based in Cardiff, United Kingdom, that specializes in offering cars on subscription as an alternative to traditional ownership or leasing. Founded in 2016, the company connects vehicle providers with consumers through its innovative platform, which allows for flexible contracts ranging from one month to two years. By providing a marketplace for distribution and fleet management, Wagonex enables fleet partners to monetize dormant inventory while delivering an all-inclusive service to customers. This includes features such as car repair, insurance, maintenance, and roadside assistance, allowing clients to enjoy the benefits of car usage without the associated responsibilities of ownership. As a pioneering independent business in the UK focused on car subscription, Wagonex aims to address the challenges of vehicle ownership and contribute to the evolving landscape of the automotive industry.

BiVictrix Therapeutics

Seed Round in 2019
BiVictriX Therapeutics Ltd. is a UK-based company focused on drug discovery and development, specializing in bispecific antibody drug conjugates aimed at addressing unmet needs in blood cancer treatment. Established in 2016 and located in Alderley Edge, the company employs its proprietary Bi-Cygni technology to create innovative therapeutics, particularly for various types of cancers, including Acute Myeloid Leukaemia. BiVictriX's expertise encompasses oncology, hematological malignancies, immunotherapy, and antibody research, positioning it as a key player in the development of advanced biotherapeutics and drug development initiatives.

Bombora wave power

Debt Financing in 2019
Bombora is an ocean energy company founded in 2012 in Perth, Western Australia, with established operations in Pembrokeshire, Wales. The company specializes in wave energy conversion technology through its patented mWave system, which harnesses wave energy to generate clean, renewable electricity. Bombora's technology utilizes pumped air to optimize energy extraction from various wave conditions, making it suitable for commercial-scale energy needs in coastal regions globally. By providing consistent and cost-competitive energy, Bombora aims to contribute positively to environmental sustainability and community well-being.

Delio

Venture Round in 2019
Delio Limited is a technology company based in Cardiff, United Kingdom, that specializes in providing a platform for wealth management firms, private banks, and financial institutions to access private investment markets. Their solution supports the entire investment lifecycle, encompassing investor onboarding, deal distribution, transaction management, and post-investment reporting. By offering a highly configurable, white-labeled platform, Delio enables financial institutions to connect their high-net-worth clients with alternative assets and enhance their investment offerings. The company's expertise and network streamline the process of engaging with private markets, addressing the unique challenges faced by these institutions in delivering digital solutions for private investments.

Bionema

Seed Round in 2019
Bionema Limited is a company based in Swansea, United Kingdom, that focuses on the research, development, and commercialization of biopesticides and related products for the horticulture, turf, landscape, and forestry sectors. Established in 2012, Bionema specializes in creating chemical-free, organic crop protection solutions aimed at reducing the reliance on synthetic pesticides. The company develops natural products that protect crops from insect damage, thereby enhancing food security and increasing crop yields. In addition to biopesticides, Bionema also offers biostimulants and biofertilizers, promoting sustainable agriculture through the use of environmentally-friendly microorganisms. The company provides specialized bio-control products and training to improve product efficacy, helping farmers and businesses achieve effective pest management while fostering agricultural sustainability and environmental health.

Amplyfi

Seed Round in 2019
Amplyfi, established in 2015 and headquartered in Cardiff, UK, specializes in AI-driven business intelligence software. Its core product, DataVoyant, leverages artificial intelligence to explore and analyze the deep web, uncovering relevant open-source content that conventional search engines miss. This service aids enterprises across diverse sectors, such as automotive, finance, and healthcare, in making informed decisions by providing unbiased, data-driven insights. Amplyfi's technology combines machine learning and data analytics with advanced search capabilities, enabling clients to proactively address market trends and customer needs.

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 Ltd is an optician based in Wrexham, United Kingdom, founded in 1986. The company provides a comprehensive range of eye care services, including eye tests, contact lenses, glasses, sunglasses, and various accessories. Additionally, A1 Eyewear offers repair and maintenance services for eyewear. The company emphasizes customer care by providing discounts and guidance on various eye care schemes to ensure clients receive the best possible support for their vision needs.

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.

ADC Biotechnology

Venture Round in 2018
ADC Biotechnology Ltd specializes in the development of innovative antibody-drug conjugates (ADCs) aimed at treating cancer. Based in St Asaph, United Kingdom, the company has developed a patented Lock-Release technology that streamlines the purification process for ADCs, significantly reducing the number of steps and associated risks in drug production. In addition to its proprietary technology, ADC Biotechnology offers consultancy and research and development services to support drug developers and manufacturers in overcoming challenges related to conjugation processes. Since its establishment in 2010, the company has focused on delivering faster and more cost-effective solutions in the oncology field, facilitating the advancement of targeted therapies for cancer treatment.

W2

Series A in 2018
W2 Global Data Solutions Limited specializes in providing online screening tools and services designed to assist organizations in effectively verifying the identities of individuals and entities. Its key offerings include SAVI, a web-based portal for accessing various databases related to sanctions and politically exposed persons, and KYCchecker, which facilitates real-time identity verification for both consumers and corporate clients worldwide. Additionally, the company offers AMLchecker, an application that ensures compliance with European Union Money Laundering Directives, and BSMART, a tool for monitoring and screening customer records against multiple data sources, including international sanctions and criminal lists. W2 also provides LiveBoat, which ensures continuity by switching to alternate data sources during outages. Founded in 2011 and headquartered in Cardiff, United Kingdom, W2 serves a diverse clientele, including both consumers and businesses, both domestically and internationally.

Mazuma

Debt Financing in 2018
Mazuma provides online accountancy and bookkeeping services tailored for small businesses in the UK. The company serves a diverse clientele, including sole traders, freelancers, limited companies, start-ups, and landlords. Its platform offers a range of services such as bookkeeping, accounting, taxation, payroll, VAT returns, and tax returns. By streamlining these essential financial tasks, Mazuma helps clients manage the daily challenges of operating a small business, allowing them to focus on their core activities.

Ocean Matters

Debt Financing in 2018
Ocean Matters Ltd, founded in 2015 and based in Anglesey, United Kingdom, specializes in providing sustainable sea-lice management solutions for the aquaculture industry. As a subsidiary of Marine Harvest (Scotland) Ltd since April 2019, the company focuses on the development of reliable supplies of healthy cleaner fish, which play a crucial role in controlling sea-lice infestations. Ocean Matters aims to become a leader in the industry by leveraging its expertise in marine water recirculating aquaculture systems (RAS) and water treatment. The company is committed to promoting sustainable practices and enhancing the overall efficiency of cleaner fish deployment, believing that these efforts can significantly impact the aquaculture sector.

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.

Camtronics Vale

Debt Financing in 2018
Camtronics Vale Limited is an electronics manufacturer based in Tredegar, United Kingdom, specializing in the production of electronic assemblies for various sectors, including scientific, medical, industrial, automotive, and LED lighting industries. Founded in 1994, the company provides a range of services, such as surface mount assembly, LED placements, electronic assembly, PCB assembly, box building, programming, and testing. With over 20 years of experience, Camtronics Vale has established itself as a reliable partner for companies seeking high-quality assembly of complex electronic products. The company operates as a subsidiary of PhotonStar LED Group PLC.

Bionema

Seed Round in 2018
Bionema Limited is a company based in Swansea, United Kingdom, that focuses on the research, development, and commercialization of biopesticides and related products for the horticulture, turf, landscape, and forestry sectors. Established in 2012, Bionema specializes in creating chemical-free, organic crop protection solutions aimed at reducing the reliance on synthetic pesticides. The company develops natural products that protect crops from insect damage, thereby enhancing food security and increasing crop yields. In addition to biopesticides, Bionema also offers biostimulants and biofertilizers, promoting sustainable agriculture through the use of environmentally-friendly microorganisms. The company provides specialized bio-control products and training to improve product efficacy, helping farmers and businesses achieve effective pest management while fostering agricultural sustainability and environmental health.

Talkative

Series A in 2018
Talkative Ltd is a company that specializes in real-time customer engagement software, enabling businesses to connect effectively with their online customers. Founded in 2015 and headquartered in Newport, United Kingdom, Talkative offers a solution that integrates voice web calling, video web calling, co-browsing, and web chat directly into company websites. This software is designed to enhance online sales, boost website conversions, generate leads, and improve customer service while also reducing operational costs. By providing tools that allow companies to see, understand, and resolve customer issues in real time, Talkative aims to elevate the overall customer experience.

NearMeNow

Seed Round in 2018
NearMeNow Ltd. is a mobile application developer based in Caerphilly, United Kingdom, founded in 2016. The application is designed to support local shops and suppliers by enabling them to effectively advertise and engage with customers within their communities. It features tools such as augmented reality, instant messaging, geo-location tagging, online transactions, and digital maps, which help small businesses compete with larger brands and online retailers. NearMeNow's platform allows individual business owners, particularly in areas like Cowbridge and the Vale of Glamorgan, to collaborate with one another and enhance their marketing efforts. By providing a cost-effective digital solution, NearMeNow aims to adapt and revive struggling high streets across the UK.

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.

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 mobile application company based in Penarth, United Kingdom, that specializes in location-based trading of second-hand goods. Founded in 2014, the Paperclip app allows users to buy, sell, swap, and freecycle items they no longer need with other users in their vicinity. The platform fosters a community-oriented marketplace, enabling individuals to browse and bid on various items in a straightforward and efficient manner. By connecting users with trusted members of the community, Paperclip promotes sustainable consumption practices and encourages the recycling of unloved items.

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.

Urban Intelligence

Seed Round in 2017
Urban Intelligence specializes in property technology aimed at transforming land and property valuation processes. The company has developed a suite of products, prominently featuring SiteScore, an advanced algorithm that assesses the sustainability of over 28.7 million land parcels in England and Wales. SiteScore evaluates various factors, including planning environments, geography, transport links, and educational connections, among more than 100 other data points. This algorithm generates a tailored score for each site, akin to a credit rating, allowing developers and landowners to evaluate development potential efficiently. By providing a comprehensive report that consolidates multiple manual assessments into a single, instant resource, Urban Intelligence enables property developers to quickly identify and focus on sites with the highest potential for development, thereby streamlining the transaction process and reducing associated costs.

Delio

Venture Round in 2017
Delio Limited is a technology company based in Cardiff, United Kingdom, that specializes in providing a platform for wealth management firms, private banks, and financial institutions to access private investment markets. Their solution supports the entire investment lifecycle, encompassing investor onboarding, deal distribution, transaction management, and post-investment reporting. By offering a highly configurable, white-labeled platform, Delio enables financial institutions to connect their high-net-worth clients with alternative assets and enhance their investment offerings. The company's expertise and network streamline the process of engaging with private markets, addressing the unique challenges faced by these institutions in delivering digital solutions for private investments.

ADC Biotechnology

Venture Round in 2017
ADC Biotechnology Ltd specializes in the development of innovative antibody-drug conjugates (ADCs) aimed at treating cancer. Based in St Asaph, United Kingdom, the company has developed a patented Lock-Release technology that streamlines the purification process for ADCs, significantly reducing the number of steps and associated risks in drug production. In addition to its proprietary technology, ADC Biotechnology offers consultancy and research and development services to support drug developers and manufacturers in overcoming challenges related to conjugation processes. Since its establishment in 2010, the company has focused on delivering faster and more cost-effective solutions in the oncology field, facilitating the advancement of targeted therapies for cancer treatment.

Perpetual V2G systems

Venture Round in 2017
Perpetual V2G Systems, established in 2012 and headquartered in Lampeter, UK, specializes in developing and manufacturing off-grid power and refrigeration solutions. The company's core business involves creating lithium-ion battery-based systems tailored for various applications, including commercial refrigeration vehicles, emergency power supplies, and solar energy storage. Perpetual V2G Systems also offers leasing and financing options to cater to diverse client needs. With a strong focus on research and development, the company has successfully commercialized its solutions in the UK and globally, forming strategic partnerships with leading European component suppliers. Their innovative products aim to reduce carbon emissions by providing clean, zero-carbon power in off-grid and mobile settings, making Perpetual V2G Systems a significant player in the off-grid power sector.

Jottnar

Venture Round in 2017
Jöttnar Ltd. specializes in designing, developing, manufacturing, and marketing technical clothing tailored for mountaineering, winter climbing, and mountain skiing. Founded in 2011 and headquartered in Cardiff, United Kingdom, the company is led by two Royal Marines Commandos who are also passionate mountaineers and skiers. Jöttnar's products are crafted to endure extreme climatic conditions, making them suitable for adventure enthusiasts. The brand emphasizes authenticity and quality, offering its premium outdoor apparel online across Europe and internationally. Through its commitment to outstanding product performance, Jöttnar enables outdoor adventurers to engage in a variety of challenging activities.

Hilltop Honey

Debt Financing in 2017
Hilltop Honey is a U.K.-based food and beverage manufacturing company that specializes in producing a diverse range of organic honey products. The company offers an array of flavored honeys, cut comb honey, and other products like maple syrup and agave. Hilltop Honey prioritizes sustainability by packaging its products in reusable glass jars and recyclable easy-squeezy bottles, catering to environmentally conscious consumers. Additionally, the company has expanded its portfolio to include health and beauty products, reflecting a commitment to quality and innovation in the natural food sector.

Cloud.IQ

Venture Round in 2017
Cloud.IQ Limited offers a conversion rate optimization platform specifically designed for e-commerce businesses. Founded in 2005 and headquartered in London, with an additional office in Sydney, the company provides tools to enhance site performance and improve customer retention. Its platform includes features such as siteAnalyser for performance analysis, visitCapture for new visitor data collection, and exitCapture for capturing email opt-ins. Additionally, Cloud.IQ offers basketReminder to address customer drop-off during the purchase journey, targetMail for personalized email campaigns, and cartRecovery to recover lost sales. The platform also includes analyticsIQ for campaign optimization and A/B Testing for evaluating campaign effectiveness. By leveraging real-time data analytics, Cloud.IQ aims to help e-commerce businesses convert more online sales and retain customers throughout the buying process.

EnModus

Series A in 2017
EnModus Ltd is a smart building technology company based in Chepstow, United Kingdom, established in 2010. The company specializes in providing smart lighting control and building energy management solutions, focusing on retrofit installations through its Smart Lighting Control (SLC) system. This system includes the enModus Node, a powerline control interface, the enModus Hub, a central control unit, and the enModus Control Platform for management and monitoring. EnModus also develops Wattwave, a powerline communications protocol designed to facilitate robust and efficient communication for smart appliances, lighting, and heating controls. Wattwave is noted for its long-range capabilities and cost-effectiveness compared to competing technologies, making it attractive for original equipment manufacturers (OEMs). The company has pending patents on core aspects of Wattwave, providing strong intellectual property protection. EnModus aims to establish itself as a leading provider of powerline chipsets and software for smart appliances, leveraging its unique technology to enhance energy efficiency and operational monitoring in commercial and residential settings.

Properr Software

Seed Round in 2017
Properr, established in 2015 and headquartered in the UK, specializes in streamlining real estate transactions. Its platform, accessible via web and mobile, unifies estate agents, buyers, sellers, and legal teams. Properr's key features include transaction management, automated notifications, intuitive design, personalized dashboards, and secure document upload. The platform aims to enhance efficiency, security, and collaboration throughout the property purchasing process.

Alesi Surgical

Venture Round in 2017
Alesi Surgical Ltd. specializes in the development and commercialization of laparoscopic surgical smoke handling systems aimed at enhancing the safety and outcomes of surgical procedures. Founded in 2009 and based in Cardiff, United Kingdom, the company emerged as a spin-out from the Welsh Institute for Minimal Access Therapy, benefiting from direct access to experienced surgeons and surgical trainers. Alesi Surgical's innovative products are designed to be portable and applicable in both laparoscopic and robot-assisted surgeries. Utilizing electrostatic precipitation technology, these tools effectively eliminate surgical smoke, ensuring a clear visual field during procedures. Alesi Surgical distributes its products to hospitals across Europe, the Middle East, New Zealand, and Australia.

Glamorgan Telecom

Venture Round in 2017
Glamorgan Telecom Limited is a prominent provider of telephony solutions and communication services for businesses in Wales and the South West of the United Kingdom. Established in 1993 and based in Cardiff, the company specializes in a range of offerings, including telephone systems, VoIP solutions, session initiation protocol (SIP) services, mobile and computer integration, and call recording. Additionally, Glamorgan Telecom provides hosted services, telephone lines, data and cloud communications, as well as telecom infrastructure maintenance and training. The company caters to various sectors, including office, retail, education, healthcare, financial services, and hospitality, among others. As of August 2020, Glamorgan Telecom operates as a subsidiary of OneCom Limited.

Nemesis Bioscience

Seed Round in 2017
Nemesis Bioscience Ltd., established in 2014 and headquartered in Cambridge, UK, specializes in developing and commercializing innovative therapeutic agents. The company's core focus is to restore the effectiveness of existing antibiotics against currently resistant microbial pathogens. Nemesis Bioscience achieves this through its symbiotics, which directly kill pathogenic microorganisms and/or sensitize them to currently available antibiotics. The company's solutions are employed to treat infections and prevent patients from acquiring potentially life-threatening resistant pathogens. Nemesis Bioscience has been recognized for its work, having received the King's College, Cambridge Entrepreneurship Award in 2014, and has filed international patent applications for its inventions.

W2

Series A in 2017
W2 Global Data Solutions Limited specializes in providing online screening tools and services designed to assist organizations in effectively verifying the identities of individuals and entities. Its key offerings include SAVI, a web-based portal for accessing various databases related to sanctions and politically exposed persons, and KYCchecker, which facilitates real-time identity verification for both consumers and corporate clients worldwide. Additionally, the company offers AMLchecker, an application that ensures compliance with European Union Money Laundering Directives, and BSMART, a tool for monitoring and screening customer records against multiple data sources, including international sanctions and criminal lists. W2 also provides LiveBoat, which ensures continuity by switching to alternate data sources during outages. Founded in 2011 and headquartered in Cardiff, United Kingdom, W2 serves a diverse clientele, including both consumers and businesses, both domestically and internationally.

Cellesce

Venture Round in 2017
Cellesce Ltd is a biochemical engineering company located in Cardiff, UK, specializing in cell expansion with a focus on organoids. The company provides bioprocessing technology and engineering services aimed at drug discovery and organ-on-a-chip applications. Cellesce develops, scales up, and manufactures patient-derived organoids, utilizing proprietary bioprocess and bioreactor systems. These systems enable the expansion of both normal and cancer patient-derived organoids, facilitating applications such as drug screening. By incorporating in-line sensors and real-time monitoring, Cellesce ensures precise culture conditions, enhances yield, and controls organoid size, thereby minimizing variability between batches and users. This approach supports healthcare professionals in drug efficacy testing, ultimately contributing to advancements in medical research and treatment development.

Amplyfi

Seed Round in 2017
Amplyfi, established in 2015 and headquartered in Cardiff, UK, specializes in AI-driven business intelligence software. Its core product, DataVoyant, leverages artificial intelligence to explore and analyze the deep web, uncovering relevant open-source content that conventional search engines miss. This service aids enterprises across diverse sectors, such as automotive, finance, and healthcare, in making informed decisions by providing unbiased, data-driven insights. Amplyfi's technology combines machine learning and data analytics with advanced search capabilities, enabling clients to proactively address market trends and customer needs.

NutriVend

Seed Round in 2017
Nutrivend is a leading provider of sports nutrition vending solutions in the UK, established in 2012 with the aim of enhancing the accessibility of fitness nutrition. The company specializes in supplying vending machines to fitness centers, universities, and leisure facilities, offering a range of healthy beverages, isotonic drinks, protein shakes, snacks, meals, and other fitness-related products. By focusing on high-quality and great-tasting items, Nutrivend enables gyms and fitness businesses to offer their members convenient access to essential nutrition before, during, and after workouts. The company's commitment to innovation and service has positioned it as a key player in the sports nutrition market.

Cloud.IQ

Series A in 2017
Cloud.IQ Limited offers a conversion rate optimization platform specifically designed for e-commerce businesses. Founded in 2005 and headquartered in London, with an additional office in Sydney, the company provides tools to enhance site performance and improve customer retention. Its platform includes features such as siteAnalyser for performance analysis, visitCapture for new visitor data collection, and exitCapture for capturing email opt-ins. Additionally, Cloud.IQ offers basketReminder to address customer drop-off during the purchase journey, targetMail for personalized email campaigns, and cartRecovery to recover lost sales. The platform also includes analyticsIQ for campaign optimization and A/B Testing for evaluating campaign effectiveness. By leveraging real-time data analytics, Cloud.IQ aims to help e-commerce businesses convert more online sales and retain customers throughout the buying process.

Victorian Sliders

Debt Financing in 2017
Victorian Sliders is a specialist manufacturer of PVC-U vertical sliding sash windows, catering to professional trade installers throughout the UK. The company focuses on producing windows from specially formulated unplasticized polyvinyl chloride (PVC-U), which enhances thermal efficiency and environmental sustainability. Their products feature a tilt and clean function, making maintenance easier for installers and end-users alike. By prioritizing quality and functionality, Victorian Sliders aims to deliver reliable and efficient window solutions tailored to the needs of the trade market.

Peninsula Property Management

Debt Financing in 2017
Peninsula Property Management specializes in offering a comprehensive suite of services aimed at maintaining and enhancing the condition of properties. Based in Pwllheli, United Kingdom, the company focuses on holiday home cleaning and laundry services, catering specifically to the needs of holiday let businesses. Their offerings include linen and laundry services, property maintenance, and changeover cleaning, all supported by 24/7 assistance. Peninsula Property Management is dedicated to ensuring that properties are presented in optimal condition while providing these essential services at a competitive price.

Chocci Cake Company

Debt Financing in 2017
Chocci Cake Company is a producer of handmade chocolates based in Newport, United Kingdom, specializing in bespoke chocolate cakes for various special occasions, including birthdays and weddings. The company allows customers to order customized products, ensuring that each cake meets individual preferences and requirements. By focusing on quality and personalization, Chocci Cake Company aims to enhance celebrations with its unique chocolate creations.

Smartpipe Solutions

Series A in 2016
Smartpipe is creating the only global, real-time, privacy compliant and completely secure data ecosystem for the monetisation of network operators’ rich customer data. Their patent-protected solution enables network operators, data providers, advertising agencies and brands to mutually benefit from high-quality, privacy compliant data assets, driving ROI for the entire data monetisation value chain. Made possible by a single technical integration into multiple ecosystems such as advertising, e-commerce and financial services, Smartpipe’s approach offers contextual, consented and anonymised customer data segments to data partners in real-time. This enables the delivery of highly relevant and targeted commercial communications to consumers. Smartpipe is backed by leading mobile, enterprise and SaaS investors, is headquartered in London with a software and development research centre in Cwmbran.

Paperclip

Venture Round in 2016
Paperclip App Ltd. is a mobile application company based in Penarth, United Kingdom, that specializes in location-based trading of second-hand goods. Founded in 2014, the Paperclip app allows users to buy, sell, swap, and freecycle items they no longer need with other users in their vicinity. The platform fosters a community-oriented marketplace, enabling individuals to browse and bid on various items in a straightforward and efficient manner. By connecting users with trusted members of the community, Paperclip promotes sustainable consumption practices and encourages the recycling of unloved items.

Mainstay Marine Solutions

Debt Financing in 2016
Mainstay Marine Solutions is a distinguished designer and builder of workboats, operating from its deep-water facilities in Pembroke Dock, South West Wales. With over 30 years of experience, the company is dedicated to delivering high-quality workmanship and manufacturing Welsh products for an international clientele. Mainstay Marine Solutions offers a comprehensive range of services, including new workboat construction, refit, maintenance, and repair. The firm is adept at managing multiple contracts simultaneously, ensuring that projects are completed with precision and within critical deadlines. Their commitment to quality and safety maximizes the operational lifespan of vessels and waterside infrastructure.

Curapel

Venture Round in 2016
Curapel Limited is a healthcare company based in Cardiff, United Kingdom, specializing in the development of skin healthcare products derived from naturally-occurring ingredients. Founded in 2011, Curapel focuses on innovative and effective solutions for common skin conditions, including eczema, psoriasis, and skin pigmentation issues. Its product lineup features Histimex, a liquid food supplement that supports normal skin barrier function, Melidex, a cosmetic cream for evening skin tone after sun exposure, and Olidex, which helps maintain moisture levels in normal skin. The company is dedicated to creating safe, patent-protected technologies aimed at addressing significant unmet clinical needs in dermatology, and actively seeks partnerships for licensing and mergers to enhance its market presence.

Talkative

Seed Round in 2016
Talkative Ltd is a company that specializes in real-time customer engagement software, enabling businesses to connect effectively with their online customers. Founded in 2015 and headquartered in Newport, United Kingdom, Talkative offers a solution that integrates voice web calling, video web calling, co-browsing, and web chat directly into company websites. This software is designed to enhance online sales, boost website conversions, generate leads, and improve customer service while also reducing operational costs. By providing tools that allow companies to see, understand, and resolve customer issues in real time, Talkative aims to elevate the overall customer experience.

Jistcourt

Debt Financing in 2016
Jistcourt South Wales Limited is a construction company based in Baglan, Port Talbot, United Kingdom, established in 1980. It specializes in providing building contracting and civil engineering services throughout South Wales. The company focuses on design and build, refurbishment, and repair projects, catering primarily to social landlords, local authorities, and various sectors including education, healthcare, and commercial and industrial developments. Jistcourt's expertise encompasses architectural engineering and technical building services, enabling clients to develop and maintain durable structures that meet diverse community needs.

Seren Photonics

Venture Round in 2015
Seren Photonics Limited specializes in the development and manufacturing of semi-polar and non-polar Gallium Nitride (GaN) templates, which are essential for various applications including light emitting diodes (LEDs), lasers, vertical-cavity surface-emitting lasers (VCSELs), and power switches. The company has established a manufacturing process that significantly enhances light intensity in high-brightness LEDs, achieving light generation increases between 100% to 900% compared to standard diodes, all while maintaining low production costs. Seren Photonics grows semi-polar GaN on m-plane sapphire and non-polar GaN on r-plane sapphire, catering to various markets such as backlighting for laptops and televisions, signage, displays, and architectural lighting. Founded in 2009 and located in Bridgend, United Kingdom, Seren Photonics Limited operates as a subsidiary of Fusion IP Sheffield Limited.

Creo Medical

Venture Round in 2015
Creo Medical Limited is a medical device manufacturer based in Chepstow, South Wales, specializing in the research and development of electrosurgical devices for surgical endoscopy. Established in 2003 and originally known as MicroOncology Ltd, the company focuses on innovative technologies that enhance surgical procedures. One of its key products is the Speedboat RS2, which integrates bipolar radiofrequency and microwave energy into a single platform for various applications, including tissue dissection, resection, ablation, and coagulation. Creo Medical operates from a modern facility equipped with controlled manufacturing areas, including a Class 6 Cleanroom, to support its research and development efforts.

Nemesis Bioscience

Seed Round in 2015
Nemesis Bioscience Ltd., established in 2014 and headquartered in Cambridge, UK, specializes in developing and commercializing innovative therapeutic agents. The company's core focus is to restore the effectiveness of existing antibiotics against currently resistant microbial pathogens. Nemesis Bioscience achieves this through its symbiotics, which directly kill pathogenic microorganisms and/or sensitize them to currently available antibiotics. The company's solutions are employed to treat infections and prevent patients from acquiring potentially life-threatening resistant pathogens. Nemesis Bioscience has been recognized for its work, having received the King's College, Cambridge Entrepreneurship Award in 2014, and has filed international patent applications for its inventions.

Nudjed

Seed Round in 2015
Nudjed Ltd. operates a personalized online health and wellbeing platform designed for busy professionals. Founded in 2013 and based in Cardiff, United Kingdom, the platform provides users with health advice, motivational goal-setting support, and step-by-step challenges to improve their wellbeing. It allows users to book training sessions and receive expert guidance in psychology, physiology, and nutrition. Additionally, the platform generates impact reports and enables tailored health advice through various communication methods, including web, email, and text messages. Nudjed focuses on helping teams enhance productivity by directing resources toward improving the working environment.

Nuvias UC

Venture Round in 2015
Nuvias UC is a leading Unified Communications & Collaboration solutions and technology enabler with more than 12 years’ in-depth experience in the market. Our rapid development over the past decade has been recognised with various industry awards, including the prestigious Deloitte’s UK Technology Fast 50 and EMEA Technology Fast 500. With headquarters in the UK, Nuvias UC also has an established presence in Benelux and France and is continuing to grow across Europe. Our mission, as Europe’s fastest growing distributor of innovative unified communications, collaboration, and cloud solutions, is to make it easy for partners to meet the needs of their customers by enabling the onboarding, deployment, and support of products, services, and solutions on behalf of top-class vendors. We continually look for new solutions to help our partners grow, and our success is built on our key philosophy of ‘Innovate – Enable – Support’, underpinned by very strong technical expertise. Nuvias UC was originally founded in 2009 as Siphon Networks and was acquired in 2016 by the Nuvias Group.

Biomonde

Venture Round in 2015
BioMonde GmbH is a wound care company based in Barsbüttel, Germany, specializing in larval debridement therapy, also known as maggot therapy, for treating chronic, infected, and necrotic wounds. Founded in 1996, the company distributes its products across several European countries, including Germany, Austria, the Netherlands, the United Kingdom, Finland, Denmark, Belgium, Luxembourg, and Poland, primarily through a network of distributors. BioMonde Ltd., established in 2004, supports this operation and has pharmaceutical production facilities in the United Kingdom, Germany, and the United States. The company is committed to research, development, and education in the field of wound care, positioning itself as a leader in larval debridement therapy.

Creo Medical

Venture Round in 2014
Creo Medical Limited is a medical device manufacturer based in Chepstow, South Wales, specializing in the research and development of electrosurgical devices for surgical endoscopy. Established in 2003 and originally known as MicroOncology Ltd, the company focuses on innovative technologies that enhance surgical procedures. One of its key products is the Speedboat RS2, which integrates bipolar radiofrequency and microwave energy into a single platform for various applications, including tissue dissection, resection, ablation, and coagulation. Creo Medical operates from a modern facility equipped with controlled manufacturing areas, including a Class 6 Cleanroom, to support its research and development efforts.

IMSPEX Diagnostics

Venture Round in 2014
IMSPEX Diagnostics Ltd. develops analytical solutions leveraging ion mobility spectrometry technology for various applications, including clinical diagnostics, environmental analysis, and food safety. Founded in 2011 as a spinoff from the University of Glamorgan, the company produces several instruments, such as FlavourSpec, which analyzes the headspace of liquid samples to assess food freshness and optimize production processes in the food and beverage sectors. Another key product, BreathSpec, examines volatile organic compounds in human breath, aiding in disease detection and monitoring hazardous exposure in workplaces. Additionally, IMSPEX offers GC-IMS, which identifies siloxanes in biogas, assesses air safety in industrial environments, and detects natural gas odors. The company serves a diverse clientele, including blue-chip companies, research hospitals, and universities both in the United Kingdom and internationally. Through its acquisition of GAS GmbH in 2013, IMSPEX enhanced its technological capabilities and market presence, establishing itself as a leader in its field.

Biomonde

Venture Round in 2014
BioMonde GmbH is a wound care company based in Barsbüttel, Germany, specializing in larval debridement therapy, also known as maggot therapy, for treating chronic, infected, and necrotic wounds. Founded in 1996, the company distributes its products across several European countries, including Germany, Austria, the Netherlands, the United Kingdom, Finland, Denmark, Belgium, Luxembourg, and Poland, primarily through a network of distributors. BioMonde Ltd., established in 2004, supports this operation and has pharmaceutical production facilities in the United Kingdom, Germany, and the United States. The company is committed to research, development, and education in the field of wound care, positioning itself as a leader in larval debridement therapy.

Seren Photonics

Venture Round in 2014
Seren Photonics Limited specializes in the development and manufacturing of semi-polar and non-polar Gallium Nitride (GaN) templates, which are essential for various applications including light emitting diodes (LEDs), lasers, vertical-cavity surface-emitting lasers (VCSELs), and power switches. The company has established a manufacturing process that significantly enhances light intensity in high-brightness LEDs, achieving light generation increases between 100% to 900% compared to standard diodes, all while maintaining low production costs. Seren Photonics grows semi-polar GaN on m-plane sapphire and non-polar GaN on r-plane sapphire, catering to various markets such as backlighting for laptops and televisions, signage, displays, and architectural lighting. Founded in 2009 and located in Bridgend, United Kingdom, Seren Photonics Limited operates as a subsidiary of Fusion IP Sheffield Limited.

EnModus

Seed Round in 2014
EnModus Ltd is a smart building technology company based in Chepstow, United Kingdom, established in 2010. The company specializes in providing smart lighting control and building energy management solutions, focusing on retrofit installations through its Smart Lighting Control (SLC) system. This system includes the enModus Node, a powerline control interface, the enModus Hub, a central control unit, and the enModus Control Platform for management and monitoring. EnModus also develops Wattwave, a powerline communications protocol designed to facilitate robust and efficient communication for smart appliances, lighting, and heating controls. Wattwave is noted for its long-range capabilities and cost-effectiveness compared to competing technologies, making it attractive for original equipment manufacturers (OEMs). The company has pending patents on core aspects of Wattwave, providing strong intellectual property protection. EnModus aims to establish itself as a leading provider of powerline chipsets and software for smart appliances, leveraging its unique technology to enhance energy efficiency and operational monitoring in commercial and residential settings.

Laser Wire Solutions

Venture Round in 2014
Laser Wire Solutions Ltd. is a manufacturer based in Abertillery, United Kingdom, specializing in flexible automated laser wire stripping products. The company designs and produces equipment for the precision removal of insulation from high-tech cables and wires, primarily serving industries such as medical electronics, aerospace and defense, consumer electronics, automotive, and telecommunications. Its product offerings include automated wire stripping, continuous stripping, and solutions for polymer cutting and fine wire stripping. The company also develops automated precision micro-machining and soldering solutions, enhancing manufacturing efficiency for leading medical device manufacturers. Laser Wire Solutions distributes its products both directly and through a network of local agents and distributors, ensuring compliance with CE and FDA standards.

Warwick Acoustics

Seed Round in 2013
Warwick Acoustics, established in 2002 and headquartered in Nuneaton, UK, specialises in the development and manufacture of high-resolution audio systems. The company's patented High Precision Electrostatic Laminate (HPEL) technology enables it to produce ultra-thin, lightweight speakers that deliver audiophile-quality sound across a broader bandwidth than traditional speakers, while being more environmentally friendly due to their recyclable materials. Warwick Acoustics focuses on creating exceptional personal audio experiences, with a particular emphasis on the automotive sector, aiming to revolutionise in-car audio, especially within electric vehicles.

Vizolution

Seed Round in 2013
Vizolution Limited specializes in providing innovative customer service technology that enhances remote customer engagement for businesses across various sectors, including financial services, insurance, energy, and telecommunications. The company's suite of solutions includes vScreen, a patented screen-sharing tool designed to facilitate real-time interactions between agents and customers, allowing for document sharing, signing, and enhanced communication. Other offerings include vDoc, a secure portal for document management; vChat, which enriches web conversations with visual aids and document handling; and vVid, an integrated video and telephony solution that allows for face-to-face interactions. Vizolution's technology enables businesses to streamline financial transactions, improve conversion rates, and reduce compliance risks, all while ensuring a seamless experience for customers using any device or browser. Established in 2008 and based in Port Talbot, UK, with an office in Toronto, Canada, Vizolution was formerly known as Norland Technology Limited until its rebranding in 2015.

Warwick Acoustics

Seed Round in 2012
Warwick Acoustics, established in 2002 and headquartered in Nuneaton, UK, specialises in the development and manufacture of high-resolution audio systems. The company's patented High Precision Electrostatic Laminate (HPEL) technology enables it to produce ultra-thin, lightweight speakers that deliver audiophile-quality sound across a broader bandwidth than traditional speakers, while being more environmentally friendly due to their recyclable materials. Warwick Acoustics focuses on creating exceptional personal audio experiences, with a particular emphasis on the automotive sector, aiming to revolutionise in-car audio, especially within electric vehicles.

MedaPhor

Funding Round in 2012
MedaPhor Limited, an e-learning company, produces training products for postgraduate medical professionals. The company offers tutorials for learning or improving ultrasound examination techniques; and simulation technology solutions for medical education and training. Its solutions include Blue Phantom, which offers ultrasound phantoms for hands-on gynaecological and obstetrics simulation training; True Anatomy, an endovaginal training model for ultrasound simulation training; and intrauterine pregnancy, ectopic pregnancy, and general pathology models. The company was incorporated in 2004 and is based in Cardiff, the United Kingdom.

Clinithink

Series A in 2012
Clinithink Ltd is a healthcare software company based in Bridgend, United Kingdom, that specializes in cloud-based data analytics solutions. Founded in 2009, the company has developed a platform known as CLiX, which employs Natural Language Processing (NLP) to convert unstructured clinical narratives into structured data. This technology allows healthcare providers, pharmaceutical companies, and content vendors to collect and analyze clinical trial data effectively. Clinithink's products include CLiX ENRICH, which facilitates the indexing and recording of clinical trial data in a preferred narrative format, and CLiX RARE, aimed at diagnosing genetic disorders in newborns. Through its innovative approach, Clinithink supports healthcare applications in data analytics, coding, and decision-making.

Creo Medical

Series A in 2012
Creo Medical Limited is a medical device manufacturer based in Chepstow, South Wales, specializing in the research and development of electrosurgical devices for surgical endoscopy. Established in 2003 and originally known as MicroOncology Ltd, the company focuses on innovative technologies that enhance surgical procedures. One of its key products is the Speedboat RS2, which integrates bipolar radiofrequency and microwave energy into a single platform for various applications, including tissue dissection, resection, ablation, and coagulation. Creo Medical operates from a modern facility equipped with controlled manufacturing areas, including a Class 6 Cleanroom, to support its research and development efforts.

Group SCS

Debt Financing in 2012
Group SCS, formerly known as Smoke Control Services, is a prominent UK provider of ventilation, building management, and smoke control solutions. The company specializes in the manufacturing of smoke control systems and equipment, offering a comprehensive range of products and services that include control panels, extracting units, vent kits, damper control systems, and smoke vents. These offerings are designed to enhance safety in various buildings across the country. With systems installed in thousands of locations, Group SCS has established a strong reputation for technical excellence, innovation, and quality, ensuring that clients can effectively maintain safety in their premises.

Calon Cardio-Technology

Series B in 2012
Calon Cardio-Technology Ltd specializes in the development of implantable micro blood pumps aimed at treating chronic heart failure. The company offers several innovative products, including the MiniVAD, a miniature pump designed to be implanted in the left ventricle of the heart, which helps improve blood supply and alleviate the symptoms associated with heart failure. Additionally, Calon provides the MicroVAD, intended for earlier intervention in patients experiencing progressive heart failure, and the CathVAD, a catheter-delivered micro-pump for managing acute heart failure. Founded in 2007 and based in Swansea, United Kingdom, Calon Cardio-Technology focuses on enhancing patient outcomes through minimally invasive surgical procedures that facilitate the treatment of heart failure.

Viscose Closures

Venture Round in 2012
Viscose Closures Ltd. is a packaging manufacturer based in Swansea, United Kingdom, specializing in the production and supply of primary and secondary closures. Founded in 1892, the company offers a diverse range of products, including shrink sleeves, corks, sports caps, flat caps, crown caps, aluminum closures, plastic caps, and tamper-evident seals. Viscose Closures serves various markets, including beverages, cosmetics, pharmaceuticals, personal care, and food packaging. The company is recognized for its expertise in pilfer-proof and tamper-evident solutions, providing responsive and flexible services to enhance customer productivity in these sectors.

ADC Biotechnology

Venture Round in 2011
ADC Biotechnology Ltd specializes in the development of innovative antibody-drug conjugates (ADCs) aimed at treating cancer. Based in St Asaph, United Kingdom, the company has developed a patented Lock-Release technology that streamlines the purification process for ADCs, significantly reducing the number of steps and associated risks in drug production. In addition to its proprietary technology, ADC Biotechnology offers consultancy and research and development services to support drug developers and manufacturers in overcoming challenges related to conjugation processes. Since its establishment in 2010, the company has focused on delivering faster and more cost-effective solutions in the oncology field, facilitating the advancement of targeted therapies for cancer treatment.

Microvisk Technologies

Series C in 2011
MicroVisk Limited, founded in 2004 and based in Oxford, United Kingdom, specializes in the development of innovative medical devices. The company has created CoagMax, a point-of-care monitor that enables patients to conduct PT/INR testing at home, facilitating self-monitoring of blood coagulation levels. This device utilizes advanced micro electro mechanical sensors embedded in a disposable smart strip, allowing for a convenient, safe, and accurate testing experience. By focusing on patient-friendly solutions, MicroVisk aims to improve the quality of life for individuals requiring regular blood coagulation monitoring.
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