Development Bank of Wales

The Development Bank of Wales is an independent company that provides commercial funding to small and medium-sized enterprises (SMEs) in Wales. It invests private and public funds, including EU funds, across various sectors such as B2B, healthcare, technology, and life sciences.

David Blake

Investment Executive

Mark Bowman

Venture Fund Manager

Bethan Cousins

New Business Director

Rhian Elston

Investment Director and Member of the Investment Committee

Rhodri Evans

Deputy Fund Manager

Carl Griffiths Ph.D

Technology Seed Fund Manager

Nicola Griffiths

Portfolio Development - Equity Fund

Chris Griffiths

Technical Investment Director

Carl Griffiths

Technology Seed Fund Manager

Kelly Jones

Portfolio Executive

Karl Jones

Senior Property Development Executive

Sam Macalister-Smith

Portfolio Executive

Hannah Mallen

Techonology Venture Investment Graduate

John Mihell

Special Situations Manager

Andrew Morris

Investor

Mike Owen

Group Investment Director

Cenydd Rowlands

Property Director

Sarah Smith

Assistant Investment Executive

Nick Stork

Fund Manager

Giles Thorley

CEO and Board Member

Emily Wood

Investment Executive

Past deals in United Kingdom

PlantSea

Pre Seed Round in 2024
PlantSea produces sustainable products using seaweed and aquaculture materials. It specializes in bioplastics items as biodegradable alternatives, including seaweed-infused paper, punnets, and mulch film, helping businesses adopt eco-friendly packaging to reduce plastic waste.

Tendertec

Seed Round in 2024
Tendertec Limited, founded in 2017 and based in Cardiff, United Kingdom, specializes in developing advanced room sensing technology aimed at enhancing independent living for elderly and vulnerable individuals. The company’s flagship product, Tenderbox, is a safety and monitoring system that empowers care providers to effectively oversee the well-being of at-risk individuals. Utilizing artificial intelligence algorithms, Tenderbox processes data from proprietary sensors to detect emergencies, such as falls, and monitor daily activities and unusual behaviors. The system automatically alerts family members, caregivers, and emergency services in the event of an incident, enabling a timely and effective response. Tendertec is recognized for its innovative approach to personalized and preventative care, having received multiple awards for its contributions to the healthcare sector.

Kubos Semiconductors

Seed Round in 2024
Kubos Semiconductors Ltd, established in 2017 and headquartered in Cambridge, United Kingdom, specializes in the development and commercialization of semiconductors. The company focuses on cubic-GaN technology, which is used to produce high-efficiency, low-cost light-emitting diodes (LEDs). Kubos Semiconductors leverages its intellectual property to create wafers for LED manufacturers, aiming to enhance energy savings through advanced semiconductor solutions.

Clinithink

Venture Round in 2024
Clinithink Ltd is a UK-based healthcare software company that specializes in cloud-based data analytics solutions. Founded in 2009 and led by CEO Chris Tackaberry, Clinithink has developed innovative technologies, including its Clinical Language Indexing software (CLiX), which utilizes Natural Language Processing to transform unstructured clinical narratives into structured data. Its products, such as CLiX ENRICH, facilitate the collection and indexing of clinical trial data while allowing users to document information in their preferred narrative style. Additionally, Clinithink offers CLiX RARE, designed to assist in diagnosing genetic disorders in newborns. The company serves a diverse clientele, including healthcare providers, pharmaceutical companies, and content vendors, aiming to enhance data accessibility and improve decision-making within the healthcare sector.

Bikmo

Series A in 2023
Bikmo Limited is a cycle insurance provider based in Chester, United Kingdom, founded in 2011. Originally established as a bike and kit comparison engine, the company transitioned to specialize in offering comprehensive insurance products tailored for cyclists. These products cover accidental damage, public liability, and theft, with a notable feature of no excess on replacements, ensuring riders are adequately protected. Renowned as an award-winning provider, Bikmo is dedicated to sustainable practices, emphasizing the importance of safeguarding both cyclists and the environments they enjoy. The company changed its name from 45NORTH LTD to Bikmo Limited in July 2017, reflecting its commitment to the cycling community.

Kubos Semiconductors

Grant in 2023
Kubos Semiconductors Ltd, established in 2017 and headquartered in Cambridge, United Kingdom, specializes in the development and commercialization of semiconductors. The company focuses on cubic-GaN technology, which is used to produce high-efficiency, low-cost light-emitting diodes (LEDs). Kubos Semiconductors leverages its intellectual property to create wafers for LED manufacturers, aiming to enhance energy savings through advanced semiconductor solutions.

Halo Therapeutics

Seed Round in 2023
Founded in 2020, Halo Therapeutics is a biotechnology company based in Bristol, England. It specializes in the development of antivirals, with a focus on creating fatty acid-based medicines designed to prevent viral infections by locking onto viral shapes.

Hut Six

Seed Round in 2023
Hut Six Security Ltd., established in 2016 and headquartered in Newport, UK, specializes in designing and developing software for information security training. The company focuses on the human aspect of cybersecurity, offering cloud-based tutorials to raise awareness and promote corrective behavior among IT users. Its comprehensive solution aims to create secure cultures within organizations and mitigate human error, thereby protecting businesses from cyberattacks. The platform delivers adaptive and customized security awareness campaigns, featuring voiced and animated tutorials based on up-to-date case studies. It also provides real-time metrics through phishing simulations and assessments, enabling businesses to track and improve their security posture.

Wagonex

Venture Round in 2022
Wagonex Limited is a UK-based company that specializes in a mobility-as-a-service platform, offering cars on subscription as an alternative to traditional ownership or leasing. Founded in 2016 and headquartered in Cardiff, Wagonex connects car providers with customers through its innovative platform, facilitating flexible contracts ranging from one month to two years. The service includes comprehensive offerings such as car repair, insurance, maintenance, and roadside assistance, allowing clients to enjoy the benefits of vehicle access without the associated responsibilities of ownership. As a pioneer in the UK car subscription market, Wagonex aims to address the common challenges of vehicle ownership by providing a seamless and flexible solution for consumers while enabling fleet partners to effectively manage and monetize their inventory.

QLM Technology

Series A in 2022
QLM Technology develops gas detection and imaging systems that use quantum sensing, including ultra-compact, high-precision quantum optical sensors and low-power tunable diode laser Lidar with infrared single-photon detection for natural gas producers, distributors, and service providers. Its technology enables remote detection and quantification of very low leak rates, allowing fast, accurate, and cost-effective identification and monitoring of leaks from well-heads to pipelines, improving safety and reducing operating costs across gas production and distribution assets. The company is based in Bristol, United Kingdom.

Ceryx Medical

Seed Round in 2022
Ceryx Medical Limited is a biotechnology company based in Bath, United Kingdom, founded in 2016. The company specializes in developing and manufacturing innovative bio-electronic devices that utilize unique, patent-protected chip technology. These devices are designed to mimic Central Pattern Generators (CPGs), which are nerve centers in the body responsible for regulating various autonomic and rhythmical processes, including peristalsis, heart rate, and walking. Ceryx Medical aims to restore normal physiological functions that may be compromised due to disease or injury by employing artificial CPGs in their therapeutic devices.

Bond Digital Health

Venture Round in 2021
Bond Digital Health Ltd is a technology company focused on enhancing the healthcare sector through innovative cloud-based applications and software solutions. Founded in 2015 and headquartered in Cardiff, United Kingdom, the company primarily develops digital platforms aimed at bridging the information gap between patients and healthcare professionals. Its offerings include a commercial SaaS platform designed for point-of-care test and diagnostics developers, as well as solutions for electronic patient-reported outcomes (ePROs), which assist individuals managing chronic conditions like chronic obstructive pulmonary disease (COPD). Bond Digital Health's technology has evolved through strategic collaborations with industry leaders, addressing the needs of the point-of-care diagnostics market by providing tools for patient self-management, real-time data analytics, and comprehensive data aggregation. By ensuring compliance with regulatory standards, the company positions itself as a trusted partner across various sectors, contributing to improved health outcomes globally.

SolasCure

Series A in 2021
Founded in 2017, SolasCure is a biotechnology company based in Wales, UK. It specializes in developing innovative hydrogel treatments for patients with chronic wounds. Its flagship product, Aurase, facilitates wound debridement, removing dead or infected tissue to enhance healing.

Space Forge

Seed Round in 2021
Space Forge is a space manufacturing company that develops a reusable satellite designed to produce next-generation super materials in space for return to Earth. The satellite uses the space environment to create alloys and crystals that are not possible to manufacture on Earth, enabling clients to achieve materials with lower energy loss and lighter components for use in computing, telecoms, and pharmaceutical products. The company operates laboratories in Bristol and Wales and focuses on manufacturing advanced metals and materials. Founded in 2018 and based in Bristol, Space Forge aims to enable on-orbit manufacturing that advances material performance for industrial and aerospace applications.

QLM Technology

Seed Round in 2021
QLM Technology develops gas detection and imaging systems that use quantum sensing, including ultra-compact, high-precision quantum optical sensors and low-power tunable diode laser Lidar with infrared single-photon detection for natural gas producers, distributors, and service providers. Its technology enables remote detection and quantification of very low leak rates, allowing fast, accurate, and cost-effective identification and monitoring of leaks from well-heads to pipelines, improving safety and reducing operating costs across gas production and distribution assets. The company is based in Bristol, United Kingdom.

Yimba

Convertible Note in 2021
Yimba Ltd is a fintech company based in Chester, United Kingdom, established in 2019. It specializes in developing a multimedia and marketing platform that helps banks enhance their mobile wallet offerings and gain valuable consumer insights. Yimba's technology allows financial institutions to personalize their digital wallet services, thereby improving customer engagement and experience. The platform also enables banks to transform the costs associated with digital wallets into additional revenue streams by providing tailored content and services. Through its innovative solutions, Yimba aims to differentiate banks' mobile offerings in a competitive market.

Litelok

Equity Crowdfunding in 2021
Founded by Neil Barron after his bikes were stolen in London, Litelok specializes in lightweight, flexible, and strong bike locks. Its patented composite strap, Boaflexicore, offers superior security, with each layer providing additional protection against sustained attacks. Independently tested and certified Gold by Sold Secure, Litelok is the lightest flexible lock to achieve this rating.

Finboot

Venture Round in 2021
Founded in 2016 with operations in London and Barcelona, Finboot specializes in enterprise-grade blockchain solutions. Its flagship product, MARCO, is a SaaS platform that enables businesses to integrate blockchain technologies into their value and supply chains securely and efficiently. MARCO caters to diverse sectors such as Oil & Gas, Consumer Goods, Automotive, Travel and Tourism, and Healthcare, demonstrating its versatility in improving traceability, quality control, invoice reconciliation, and sustainability tracking.

Bond Digital Health

Venture Round in 2020
Bond Digital Health Ltd is a technology company focused on enhancing the healthcare sector through innovative cloud-based applications and software solutions. Founded in 2015 and headquartered in Cardiff, United Kingdom, the company primarily develops digital platforms aimed at bridging the information gap between patients and healthcare professionals. Its offerings include a commercial SaaS platform designed for point-of-care test and diagnostics developers, as well as solutions for electronic patient-reported outcomes (ePROs), which assist individuals managing chronic conditions like chronic obstructive pulmonary disease (COPD). Bond Digital Health's technology has evolved through strategic collaborations with industry leaders, addressing the needs of the point-of-care diagnostics market by providing tools for patient self-management, real-time data analytics, and comprehensive data aggregation. By ensuring compliance with regulatory standards, the company positions itself as a trusted partner across various sectors, contributing to improved health outcomes globally.

Ceryx Medical

Seed Round in 2020
Ceryx Medical Limited is a biotechnology company based in Bath, United Kingdom, founded in 2016. The company specializes in developing and manufacturing innovative bio-electronic devices that utilize unique, patent-protected chip technology. These devices are designed to mimic Central Pattern Generators (CPGs), which are nerve centers in the body responsible for regulating various autonomic and rhythmical processes, including peristalsis, heart rate, and walking. Ceryx Medical aims to restore normal physiological functions that may be compromised due to disease or injury by employing artificial CPGs in their therapeutic devices.

FuelActive

Venture Round in 2020
FuelActive Ltd is a manufacturer specializing in fuel delivery systems aimed at addressing fuel contamination issues. Founded in 1998 and based in Cardiff, United Kingdom, the company designs and develops innovative solutions, including fuel injectors and pumps, that significantly reduce fuel-related breakdowns, component replacements, and maintenance needs. Its products are tailored for various sectors, including construction, mining, transport, military, power generation, marine, and agriculture, ultimately enhancing fuel efficiency and minimizing harmful emissions. Formerly known as Fairwater Fuel Systems Limited, the company rebranded to FuelActive Ltd in June 2007. Through its comprehensive fuel pick-up unit, FuelActive provides an effective solution to the global challenge of fuel contamination, ensuring improved operational reliability for its clients.

Space Forge

Seed Round in 2020
Space Forge is a space manufacturing company that develops a reusable satellite designed to produce next-generation super materials in space for return to Earth. The satellite uses the space environment to create alloys and crystals that are not possible to manufacture on Earth, enabling clients to achieve materials with lower energy loss and lighter components for use in computing, telecoms, and pharmaceutical products. The company operates laboratories in Bristol and Wales and focuses on manufacturing advanced metals and materials. Founded in 2018 and based in Bristol, Space Forge aims to enable on-orbit manufacturing that advances material performance for industrial and aerospace applications.

Bikmo

Series A in 2020
Bikmo Limited is a cycle insurance provider based in Chester, United Kingdom, founded in 2011. Originally established as a bike and kit comparison engine, the company transitioned to specialize in offering comprehensive insurance products tailored for cyclists. These products cover accidental damage, public liability, and theft, with a notable feature of no excess on replacements, ensuring riders are adequately protected. Renowned as an award-winning provider, Bikmo is dedicated to sustainable practices, emphasizing the importance of safeguarding both cyclists and the environments they enjoy. The company changed its name from 45NORTH LTD to Bikmo Limited in July 2017, reflecting its commitment to the cycling community.

Hybrisan

Venture Round in 2020
Hybrisan Ltd is a technology company based in Port Talbot, United Kingdom, specializing in infection control solutions. Founded in 2013, the company develops innovative products, including surface and hand sanitizers, and offers services in electrospinning, antimicrobials, and quality control. Hybrisan's unique team comprises leading scientists from both industrial and research backgrounds, particularly in nanotechnology and biofouling. This diverse expertise enables the company to create tailored solutions that meet specific client needs across various applications, positioning Hybrisan as a provider of ethical and affordable technology alternatives in the medical sector.

Bond Digital Health

Venture Round in 2020
Bond Digital Health Ltd is a technology company focused on enhancing the healthcare sector through innovative cloud-based applications and software solutions. Founded in 2015 and headquartered in Cardiff, United Kingdom, the company primarily develops digital platforms aimed at bridging the information gap between patients and healthcare professionals. Its offerings include a commercial SaaS platform designed for point-of-care test and diagnostics developers, as well as solutions for electronic patient-reported outcomes (ePROs), which assist individuals managing chronic conditions like chronic obstructive pulmonary disease (COPD). Bond Digital Health's technology has evolved through strategic collaborations with industry leaders, addressing the needs of the point-of-care diagnostics market by providing tools for patient self-management, real-time data analytics, and comprehensive data aggregation. By ensuring compliance with regulatory standards, the company positions itself as a trusted partner across various sectors, contributing to improved health outcomes globally.

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
Founded in London in 2014, Better Boards is an independent consultancy specializing in enhancing governing boards' effectiveness. It offers services such as onboarding, board evaluation and review, management retreats, licensing programs, and executive training for aspiring board members.

Kinderly

Venture Round in 2020
Kinderly develops software for early years' education, helping childcare professionals comply with regulations, communicate with parents effectively, and foster a fun learning environment at home.

BookingLive

Seed Round in 2020
BookingLive provides online appointment scheduling and reservation software that helps organizations manage customer engagement journeys. The platform enables branded booking experiences with secure hosting, payment integration, and synchronization with internal systems, supporting access across devices. It offers features such as virtual queuing, concurrent traffic management, and custom setup and development to tailor the solution to organizational needs. Used by government departments, retailers, NHS trusts and large multinational customers, it supports millions of bookings each year and emphasizes data-driven security and seamless integration with existing software. The solution is designed to be accessible anywhere, anytime, and to streamline interactions between organizations and their users through a single, configurable booking channel.

Yimba

Seed Round in 2019
Yimba Ltd is a fintech company based in Chester, United Kingdom, established in 2019. It specializes in developing a multimedia and marketing platform that helps banks enhance their mobile wallet offerings and gain valuable consumer insights. Yimba's technology allows financial institutions to personalize their digital wallet services, thereby improving customer engagement and experience. The platform also enables banks to transform the costs associated with digital wallets into additional revenue streams by providing tailored content and services. Through its innovative solutions, Yimba aims to differentiate banks' mobile offerings in a competitive market.

Wagonex

Venture Round in 2019
Wagonex Limited is a UK-based company that specializes in a mobility-as-a-service platform, offering cars on subscription as an alternative to traditional ownership or leasing. Founded in 2016 and headquartered in Cardiff, Wagonex connects car providers with customers through its innovative platform, facilitating flexible contracts ranging from one month to two years. The service includes comprehensive offerings such as car repair, insurance, maintenance, and roadside assistance, allowing clients to enjoy the benefits of vehicle access without the associated responsibilities of ownership. As a pioneer in the UK car subscription market, Wagonex aims to address the common challenges of vehicle ownership by providing a seamless and flexible solution for consumers while enabling fleet partners to effectively manage and monetize their inventory.

BiVictrix Therapeutics

Seed Round in 2019
BiVictriX Therapeutics Ltd. is a drug discovery and development company based in Alderley Edge, United Kingdom, focused on creating bispecific antibody drug conjugates to address unmet medical needs in blood cancer. Established in 2016, the company leverages its proprietary Bi-Cygni technology to develop innovative therapies for various types of cancers, including Acute Myeloid Leukaemia. BiVictriX specializes in oncology and haematological malignancies, offering a range of services that encompass biotherapeutics, immunotherapy, antibody research, and drug development. The company aims to advance its pharmaceutical products through rigorous development processes to improve treatment outcomes for patients with serious medical conditions.

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 operates a digital platform that empowers wealth management firms and other financial institutions to offer private market investments to their clients. Its configurable solutions facilitate direct access to alternative investments, streamlining processes such as investor onboarding, deal distribution, transaction management, and post-investment reporting.

Hut Six

Seed Round in 2019
Hut Six Security Ltd., established in 2016 and headquartered in Newport, UK, specializes in designing and developing software for information security training. The company focuses on the human aspect of cybersecurity, offering cloud-based tutorials to raise awareness and promote corrective behavior among IT users. Its comprehensive solution aims to create secure cultures within organizations and mitigate human error, thereby protecting businesses from cyberattacks. The platform delivers adaptive and customized security awareness campaigns, featuring voiced and animated tutorials based on up-to-date case studies. It also provides real-time metrics through phishing simulations and assessments, enabling businesses to track and improve their security posture.

Bionema

Seed Round in 2019
Founded in 2012, Bionema specializes in researching, developing, and commercializing biopesticides. It focuses on providing chemical-free, organic crop protection solutions to horticulture, turf and amenity, forestry, and public health sectors. The company aims to enhance food security, increase crop yields, and promote sustainable agriculture by reducing reliance on synthetic pesticides.

Thalia Design Automation

Venture Round in 2019
Thalia Design Automation Ltd., established in 2011 with headquarters in Bath, United Kingdom, and an engineering center in Hyderabad, India, specializes in semiconductor electronic design automation (EDA). The company offers software solutions tailored for the design of analog and mixed-signal integrated circuits. Their flagship products include AMALIA, a toolset for optimizing analog circuits using CAD/EDA methodologies and mathematical modeling, and EMERA, a finite element parametrisable power device design and optimization toolset. Additionally, Thalia provides custom power device development as an IP service and offers SaaS-based solutions for onsite or cloud-based access to their tools. The company also supports analog circuit porting services, enabling efficient migration and optimization of existing designs for new technologies and applications.

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, that has been operating since 1986. The company provides a comprehensive range of eye care services, including eye tests, contact lenses, glasses, and sunglasses. In addition to eyewear products, A1 Eyewear offers accessories, repair, and maintenance services. The company is dedicated to delivering an end-to-end service for its customers, which includes providing discounts and guidance on various eye care schemes.

Motokiki

Seed Round in 2018
Motokiki is an online platform based in the UK that offers impartial tire comparison services. It connects shoppers with the tire market, facilitating the purchasing process and providing essential guidelines on correct tire fitment. The platform is designed to empower consumers by enabling them to make informed decisions regarding tire purchases. Additionally, Motokiki is committed to promoting road safety by offering advice and information related to tire selection and wheel sizes tailored to individual vehicles. Through its comprehensive resources, Motokiki aims to enhance the overall tire shopping experience for users.

Careercake

Venture Round in 2018
Careercake Limited is an online learning platform based in Cardiff, United Kingdom, that provides on-demand access to a variety of career and business training courses. Founded in 2015, the company focuses on professional development, diversity and inclusion, health and wellbeing, and overall career advancement. Careercake aims to empower individuals and organizations by offering dynamic content that enhances confidence and equips users to tackle the challenges they may encounter in their careers. The platform features video content that covers essential skills such as effective communication, idea sharing, and managing anxiety related to career transitions. Through its comprehensive resources, Careercake seeks to foster happy, well-rounded individuals who are prepared for the demands of the workforce.

ADC Biotechnology

Venture Round in 2018
ADC Biotechnology Ltd is a UK-based company specializing in the development of antibody-drug conjugates (ADCs) for cancer treatment. Founded in 2010 and formerly known as Reaxa Biotech Ltd, the company has created a patented Lock-Release technology that streamlines the drug purification process by reducing the number of steps and associated risks. This innovative approach not only simplifies the development of ADCs but also lowers costs for drug developers. In addition to its proprietary technology, ADC Biotechnology offers a range of consultancy and research and development services to support the testing and production of new ADC-based therapies aimed at specifically targeting and destroying tumor cells.

W2

Series A in 2018
W2 Global Data Solutions Limited is a provider of online screening tools and services designed to facilitate the verification of individuals and organizations. Founded in 2011 and headquartered in Cardiff, United Kingdom, the company offers a range of web-based applications including SAVI, which allows users to access various databases for identity verification, and KYCchecker, which enables real-time ID verification for consumers and corporate clients. Additionally, W2 provides AMLchecker for compliance with European Union Money Laundering Directives, and BSMART, which performs batch screening against multiple data sources, including sanctions lists and criminal watch-lists. The company also features LiveBoat, a tool that ensures data continuity during outages. W2 serves a diverse clientele, including both consumers and corporations, across the UK and internationally.

Mazuma

Debt Financing in 2018
Mazuma provides online accounting and bookkeeping services for small businesses across the UK.

Ocean Matters

Debt Financing in 2018
Ocean Matters Ltd is a company based in Anglesey, United Kingdom, focused on providing sustainable sea-lice management solutions. Founded in 2015, it operates as a subsidiary of Marine Harvest (Scotland) Ltd. The company aims to become an industry leader in its field by developing reliable supplies of healthy cleaner fish, which are crucial for effective sea-lice management. Ocean Matters leverages its expertise in marine water recirculating aquaculture systems (RAS) and water treatment to enhance the effectiveness of its solutions. Through its commitment to sustainability, the company seeks to address the challenges posed by sea-lice in aquaculture, contributing to the overall health of marine ecosystems.

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, established in 1994. The company specializes in producing electronic assemblies for various sectors, including scientific, medical, industrial, automotive, and LED lighting industries across the UK and Europe. Its comprehensive service offerings encompass surface mount assembly, LED placements, electronic assembly, PCB assembly, box building, programming, and testing. Camtronics Vale is known for providing high-quality outsourcing solutions tailored to the needs of clients requiring complex electronic assembly and product manufacturing. With over two decades of experience, the company focuses on technically challenging and logistically demanding manufacturing processes, ensuring the delivery of reliable components and final products to its customers.

Bionema

Seed Round in 2018
Founded in 2012, Bionema specializes in researching, developing, and commercializing biopesticides. It focuses on providing chemical-free, organic crop protection solutions to horticulture, turf and amenity, forestry, and public health sectors. The company aims to enhance food security, increase crop yields, and promote sustainable agriculture by reducing reliance on synthetic pesticides.

Talkative

Series A in 2018
Talkative Ltd is a software company based in Newport, United Kingdom, established in 2015. It specializes in real-time customer engagement solutions that enable businesses to connect with their online customers through various communication methods. The company's offerings include voice and video web calling, co-browsing, and web chat, all seamlessly integrated into clients' websites. Talkative's technology is designed to enhance online sales, boost website conversions, generate leads, and improve customer service while also reducing operational costs. By facilitating direct communication with website visitors, Talkative aims to elevate the overall customer experience in a rapidly evolving digital landscape.

NearMeNow

Seed Round in 2018
NearMeNow Ltd. is a company that develops a mobile application aimed at enhancing the visibility and engagement of local shops and suppliers within their communities. The application offers features such as augmented reality, instant messaging, geo-location tagging, online transactions, and digital maps, allowing businesses to effectively advertise and connect with customers. By providing tools for campaign planning and scheduling, NearMeNow enables smaller businesses to compete with larger brands and online retailers. Founded in 2016 and based in Caerphilly, United Kingdom, the company primarily serves individual business owners in areas such as Cowbridge, Vale of Glamorgan, and Wales. The app is available on both iOS and Android platforms, offering a cost-effective digital solution to help revitalize high streets and foster collaboration among local enterprises.

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.

Doopoll

Venture Round in 2018
Doopoll is a business that operates an online polling platform designed for simplicity and engagement. It assists organisations in conducting real-time surveys, helping them better understand their target audiences. Doopoll's customer base spans from small startups to large corporations like FTSE100 firms. By employing features such as anonymous voting and live feedback, the platform significantly boosts response rates by up to four times and captures contact information on over 40% of responses. This enables clients to build substantial, targeted email lists for marketing purposes while reducing associated costs.

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 is a property technology company that aims to transform the valuation of land and property through innovative technology and data science. It has developed a suite of products to streamline property transactions, notably featuring SiteScore, a sophisticated algorithm that evaluates the sustainability of over 28.7 million land parcels in England and Wales. By considering factors such as planning environment, geography, transport links, and educational facilities, SiteScore generates a tailored score for each site, allowing developers and landowners to assess their development potential effectively. This tool produces comprehensive reports that aggregate crucial data on a site’s sustainability, significantly reducing the time and cost associated with traditional manual reporting. By enabling property developers to quickly identify and focus on the most promising sites, Urban Intelligence enhances decision-making in real estate development.

Doopoll

Venture Round in 2017
Doopoll is a business that operates an online polling platform designed for simplicity and engagement. It assists organisations in conducting real-time surveys, helping them better understand their target audiences. Doopoll's customer base spans from small startups to large corporations like FTSE100 firms. By employing features such as anonymous voting and live feedback, the platform significantly boosts response rates by up to four times and captures contact information on over 40% of responses. This enables clients to build substantial, targeted email lists for marketing purposes while reducing associated costs.

Delio

Venture Round in 2017
Delio operates a digital platform that empowers wealth management firms and other financial institutions to offer private market investments to their clients. Its configurable solutions facilitate direct access to alternative investments, streamlining processes such as investor onboarding, deal distribution, transaction management, and post-investment reporting.

ADC Biotechnology

Venture Round in 2017
ADC Biotechnology Ltd is a UK-based company specializing in the development of antibody-drug conjugates (ADCs) for cancer treatment. Founded in 2010 and formerly known as Reaxa Biotech Ltd, the company has created a patented Lock-Release technology that streamlines the drug purification process by reducing the number of steps and associated risks. This innovative approach not only simplifies the development of ADCs but also lowers costs for drug developers. In addition to its proprietary technology, ADC Biotechnology offers a range of consultancy and research and development services to support the testing and production of new ADC-based therapies aimed at specifically targeting and destroying tumor cells.

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 in off-grid and mobile power settings, making Perpetual V2G Systems a significant player in the off-grid power sector.

Jottnar

Venture Round in 2017
Jöttnar Ltd. is a premium outdoor apparel brand based in Cardiff, United Kingdom, specializing in technical clothing designed for mountaineering, winter climbing, and mountain skiing. Founded in 2011 by two Royal Marines Commandos who are also avid mountaineers and skiers, the company focuses on creating high-quality, durable clothing that can withstand extreme climatic conditions. Jöttnar's products are marketed online across Europe and internationally, catering to adventure enthusiasts seeking reliable apparel for various outdoor activities. The brand is committed to authenticity and excellence in the performance of its clothing, aligning with the spirit of heroic mountain sports endeavors.

Hilltop Honey

Debt Financing in 2017
Hilltop Honey is a UK-based food and beverage manufacturer focused on honey and bee-derived products. The company offers a range of honey varieties, including flavoured honeys and cut comb, along with bee pollen. Products are packaged in reusable glass jars and recyclable bottles and distributed to farm shops, delis and supermarkets. The portfolio includes organic honey and other bee-related items, positioning Hilltop Honey as a supplier of natural honey products for retail and specialty outlets.

EnModus

Series A in 2017
EnModus Ltd is a smart building technology company based in Chepstow, United Kingdom, founded in 2010 by Andy Heaton and Phil Young. The company specializes in developing and marketing innovative solutions for smart lighting control and building energy management. Its flagship product, Smart Lighting Control (SLC), integrates seamlessly with existing third-party controls and sensors, making it ideal for retrofit installations. The SLC system includes components such as the enModus Node, which interfaces with luminaires, the enModus Hub, a central control unit, and the enModus Control Platform for management and monitoring. EnModus also offers Wattwave, a robust powerline communications protocol designed to provide efficient and secure communication for smart devices, distinguishing itself from competing wireless technologies by being less susceptible to signal interference and more cost-effective for manufacturers. With a focus on commercial, retail, industrial, and emergency lighting applications, EnModus aims to become a leader in powerline chipsets and software technology for smart appliances and building solutions.

Properr Software

Seed Round in 2017
Properr Software is a U.K.-based company established in 2015 that focuses on transforming the real estate transaction process through innovative technology. Its cloud-based platform serves as a white-label online portal designed to facilitate communication and collaboration among all parties involved in the sale or purchase of a home, including estate agents, buyers, sellers, and legal teams. Properr's flagship product, Track My Move, consolidates the various aspects of home selling into one accessible application, enabling users to monitor progress, manage tasks, and share relevant documentation securely. The platform features transaction management, notifications, personalized dashboards, and electronic signing capabilities, all aimed at simplifying the complexities of real estate transactions and enhancing user experience. By prioritizing security and efficiency, Properr seeks to create a more streamlined and transparent process for managing real estate transactions.

Alesi Surgical

Venture Round in 2017
Alesi Surgical Ltd. is a company based in Cardiff, United Kingdom, specializing in the development and commercialization of laparoscopic surgical smoke handling systems. Founded in 2009 as a spin-out from the Welsh Institute for Minimal Access Therapy, Alesi Surgical focuses on creating products that enhance the safety, efficiency, and outcomes of surgical procedures. Its innovative tools are portable and suitable for both laparoscopic and robot-assisted surgeries, utilizing electrostatic precipitation technology to eliminate surgical smoke and maintain a clear visual field during operations. The company distributes its products to hospitals across Europe, the Middle East, New Zealand, and Australia, leveraging its access to experienced surgeons and surgical trainers to identify challenges in surgical procedures and design effective solutions.

Glamorgan Telecom

Venture Round in 2017
Glamorgan Telecom Limited is a prominent provider of telephony solutions and communication services based in Cardiff, United Kingdom. Established in 1993, the company specializes in distributing a range of telecom systems, including VoIP, remote networking, SIP trunks, and mobile integration. It also offers services such as call recording, wireless solutions, hosted services, telephone lines, and data and cloud communications. Serving various sectors, including office, retail, healthcare, and education, Glamorgan Telecom aims to enhance business connectivity and efficiency through its comprehensive offerings. The company operates as a subsidiary of OneCom Limited, further strengthening its position in the communication and connectivity market in Wales and the South West.

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 is a provider of online screening tools and services designed to facilitate the verification of individuals and organizations. Founded in 2011 and headquartered in Cardiff, United Kingdom, the company offers a range of web-based applications including SAVI, which allows users to access various databases for identity verification, and KYCchecker, which enables real-time ID verification for consumers and corporate clients. Additionally, W2 provides AMLchecker for compliance with European Union Money Laundering Directives, and BSMART, which performs batch screening against multiple data sources, including sanctions lists and criminal watch-lists. The company also features LiveBoat, a tool that ensures data continuity during outages. W2 serves a diverse clientele, including both consumers and corporations, across the UK and internationally.

Cellesce

Venture Round in 2017
Cellesce Ltd is a biochemical engineering company located in Cardiff, UK, specializing in cell expansion focused on organoids. The company provides bioprocessing technology and engineering services aimed at drug discovery and organ-on-a-chip applications. Cellesce is known for its expertise in the development, scale-up, and manufacture of patient-derived organoids, utilizing proprietary bioprocesses and bioreactors. These technologies allow for the expansion of both normal and cancer patient-derived organoids for various applications, including drug screening. Cellesce employs in-line sensors and real-time monitoring to ensure precise culture conditions, enhance yield, control organoid size, and minimize variability across different batches and users, ultimately supporting healthcare professionals in drug efficacy testing.

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
Founded in 2012, Nutrivend is the UK's leading specialist in sports nutrition solutions. It provides full-service vending machine solutions stocked with high-quality, great-tasting products to fitness centers and gym chains across the UK.

Victorian Sliders

Debt Financing in 2017
Victorian Sliders is a specialist manufacturer of vertical sliding sash windows, primarily serving professional trade installers throughout the UK. The company produces windows using unplasticized polyvinyl chloride (PVC-U), crafted from specially formulated raw materials. These windows are designed with a tilt and clean function, enhancing usability for installers and end-users alike. By focusing on thermally efficient and environmentally friendly products, Victorian Sliders aims to meet the growing demand for quality window solutions in the construction industry.

Peninsula Property Management

Debt Financing in 2017
Peninsula Property Management is a provider of comprehensive services for holiday home management in Pwllheli, United Kingdom. The company specializes in cleaning and laundry services tailored for holiday let businesses, ensuring properties are maintained in optimal condition. Its offerings include changeover cleaning, linen and laundry services, and general property maintenance. With a commitment to quality and reliability, Peninsula Property Management delivers round-the-clock assistance to meet the needs of its clients effectively.

Chocci Cake Company

Debt Financing in 2017
Chocci Cake Company is a producer of handmade chocolates and bespoke chocolate cakes located in Newport, United Kingdom. The company specializes in creating customized chocolate cakes for various special occasions, including birthdays and weddings. By focusing on personalized offerings, Chocci Cake Company caters to the unique preferences of its customers, ensuring that each product is tailored to meet specific needs and tastes.

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 specializes in the design and construction of workboats, leveraging over 30 years of expertise in boat building. Located in Pembroke Dock, South Wales, the company is recognized for its high-quality craftsmanship and commitment to producing exceptional Welsh products for a global clientele. Mainstay Marine Solutions offers a comprehensive range of services, including new workboat construction, refits, maintenance, and repairs, ensuring that clients receive thorough support throughout the lifecycle of their vessels. The company is dedicated to meeting critical deadlines with precision, maximizing the operational time of vessels and associated infrastructure while prioritizing safety and efficiency.

Curapel

Venture Round in 2016
Curapel develops innovative, safe, and effective healthcare products based on naturally-occurring ingredients. Its portfolio includes Histimex, a liquid food supplement for maintaining normal skin barrier function; Melidex, an after-sun cream for skin lightening and tone evening; and Olidex cream for moisturizing normal skin.

Talkative

Seed Round in 2016
Talkative Ltd is a software company based in Newport, United Kingdom, established in 2015. It specializes in real-time customer engagement solutions that enable businesses to connect with their online customers through various communication methods. The company's offerings include voice and video web calling, co-browsing, and web chat, all seamlessly integrated into clients' websites. Talkative's technology is designed to enhance online sales, boost website conversions, generate leads, and improve customer service while also reducing operational costs. By facilitating direct communication with website visitors, Talkative aims to elevate the overall customer experience in a rapidly evolving digital landscape.

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.

Stratium

Seed Round in 2016
Stratium Limited is a manufacturer of mid-infrared quantum cascade lasers (QCL) based in Cardiff, United Kingdom. Established in 2015, the company specializes in providing compound semiconductor lasers to original equipment manufacturers (OEM) for various commercial applications. Stratium's QCLs support critical functions in environmental monitoring, vehicle emission tracking, vehicle collision avoidance, breath diagnostics, and petrochemical process oversight. The lasers are designed to deliver precise mid-infrared emissions essential for advanced gas analysis, utilizing innovative wavelength selection technology that enhances their compactness, stability, and performance. These features make Stratium's products suitable for sensitive detection of molecular species employing techniques such as cavity ring-down spectroscopy, cavity enhanced absorption spectrometry, and photoacoustic spectroscopy, enabling clients to effectively monitor airborne substances.

Seren Photonics

Venture Round in 2015
Seren Photonics Limited specializes in the development and manufacture of semi-polar and non-polar Gallium Nitride (GaN) templates, which are essential for light-emitting diodes (LEDs), lasers, vertical-cavity surface-emitting lasers (VCSELs), and power switches. Based in Bridgend, United Kingdom, the company employs a proprietary manufacturing process to produce these templates, specifically growing semi-polar GaN on m-plane sapphire and non-polar GaN on r-plane sapphire. Their innovative technology significantly enhances light intensity in high-brightness LEDs, achieving increases in light generation ranging from 100% to 900% compared to untreated diodes. Founded in 2009, Seren Photonics has positioned itself to serve various lighting markets, including backlighting for laptops and televisions, signage, and architectural lighting. As of November 2016, it 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. is a company that develops and operates a personalized online health and wellbeing platform designed for busy professionals. Founded in 2013 and based in Cardiff, United Kingdom, Nudjed provides users with access to health advice, motivational goal-setting support, and step-by-step challenges to enhance their health. The platform allows individuals to book training sessions and receive expert guidance in psychology, physiology, and nutrition. Additionally, Nudjed offers tools for teams to optimize their resources in ways that enhance productivity within the workplace. Through its digital health advice system, which includes motivational challenges and personalized guidance, Nudjed aims to deliver impactful support to its users.

Nuvias UC

Venture Round in 2015
Nuvias UC, through its subsidiary Siphon Networks Ltd., specializes in the design, supply, delivery, and integration of advanced unified communications technology. The company provides a comprehensive range of hosted unified communication solutions that combine video, fax, voice, and email services, including IP PBX and trunking solutions. Its product offerings encompass session border controllers, softphone applications, video conferencing solutions, and fraud detection systems, among others. Nuvias UC focuses on serving enterprises, service providers, and third-party developers across Europe. The company also offers a variety of services such as technical consultancy, software upgrades, and managed support, ensuring successful integration and delivery of innovative communication solutions. Established in 2008 and headquartered in Cwmbran, United Kingdom, Nuvias UC has a strong operational presence, including a sales office in London and a network operations center in Monmouthshire.

Biomonde

Venture Round in 2015
BioMonde GmbH, established in 1996 and headquartered in Barsbüttel, Germany, is a specialized wound care company that focuses on the manufacture and distribution of larval debridement therapy products, commonly known as maggot therapy, for treating chronic, infected, and necrotic wounds. The company operates across several European countries, including Germany, Austria, the Netherlands, the United Kingdom, Finland, Denmark, Belgium, Luxembourg, and Poland, utilizing a network of distributors to reach its markets. BioMonde Ltd., incorporated in 2004 and based in Bridgend, United Kingdom, serves as the parent company and also develops and markets these therapeutic products, with production facilities located in the UK, Germany, and the United States. The company emphasizes research, development, and education to enhance its offerings in wound debridement.

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, established in 1996 and headquartered in Barsbüttel, Germany, is a specialized wound care company that focuses on the manufacture and distribution of larval debridement therapy products, commonly known as maggot therapy, for treating chronic, infected, and necrotic wounds. The company operates across several European countries, including Germany, Austria, the Netherlands, the United Kingdom, Finland, Denmark, Belgium, Luxembourg, and Poland, utilizing a network of distributors to reach its markets. BioMonde Ltd., incorporated in 2004 and based in Bridgend, United Kingdom, serves as the parent company and also develops and markets these therapeutic products, with production facilities located in the UK, Germany, and the United States. The company emphasizes research, development, and education to enhance its offerings in wound debridement.

Seren Photonics

Venture Round in 2014
Seren Photonics Limited specializes in the development and manufacture of semi-polar and non-polar Gallium Nitride (GaN) templates, which are essential for light-emitting diodes (LEDs), lasers, vertical-cavity surface-emitting lasers (VCSELs), and power switches. Based in Bridgend, United Kingdom, the company employs a proprietary manufacturing process to produce these templates, specifically growing semi-polar GaN on m-plane sapphire and non-polar GaN on r-plane sapphire. Their innovative technology significantly enhances light intensity in high-brightness LEDs, achieving increases in light generation ranging from 100% to 900% compared to untreated diodes. Founded in 2009, Seren Photonics has positioned itself to serve various lighting markets, including backlighting for laptops and televisions, signage, and architectural lighting. As of November 2016, it operates as a subsidiary of Fusion IP Sheffield Limited.

Thalia Design Automation

Series A in 2014
Thalia Design Automation Ltd., established in 2011 with headquarters in Bath, United Kingdom, and an engineering center in Hyderabad, India, specializes in semiconductor electronic design automation (EDA). The company offers software solutions tailored for the design of analog and mixed-signal integrated circuits. Their flagship products include AMALIA, a toolset for optimizing analog circuits using CAD/EDA methodologies and mathematical modeling, and EMERA, a finite element parametrisable power device design and optimization toolset. Additionally, Thalia provides custom power device development as an IP service and offers SaaS-based solutions for onsite or cloud-based access to their tools. The company also supports analog circuit porting services, enabling efficient migration and optimization of existing designs for new technologies and applications.

EnModus

Seed Round in 2014
EnModus Ltd is a smart building technology company based in Chepstow, United Kingdom, founded in 2010 by Andy Heaton and Phil Young. The company specializes in developing and marketing innovative solutions for smart lighting control and building energy management. Its flagship product, Smart Lighting Control (SLC), integrates seamlessly with existing third-party controls and sensors, making it ideal for retrofit installations. The SLC system includes components such as the enModus Node, which interfaces with luminaires, the enModus Hub, a central control unit, and the enModus Control Platform for management and monitoring. EnModus also offers Wattwave, a robust powerline communications protocol designed to provide efficient and secure communication for smart devices, distinguishing itself from competing wireless technologies by being less susceptible to signal interference and more cost-effective for manufacturers. With a focus on commercial, retail, industrial, and emergency lighting applications, EnModus aims to become a leader in powerline chipsets and software technology for smart appliances and building solutions.

Laser Wire Solutions

Venture Round in 2014
Laser Wire Solutions Ltd. is a manufacturer based in Abertillery, United Kingdom, specializing in the design and production of advanced laser wire stripping equipment. The company offers a range of products, including automated wire stripping, automatic window stripping, continuous stripping, and slug pulling solutions, which are utilized across various sectors such as medical electronics, aerospace and defense, consumer electronics, automotive, and telecommunications. By providing precision removal of insulation from high-tech cables and wires, Laser Wire Solutions supports leading manufacturers in automating their production processes, thereby enhancing efficiency and reducing costs. The company also develops automated precision micro-machining and soldering solutions, catering specifically to the needs of the international interconnect market. All products are CE marked and comply with FDA regulations. Laser Wire Solutions distributes its products both directly and through a network of local agents and distributors worldwide.

Warwick Acoustics

Seed Round in 2013
Warwick Acoustics is a UK-based technology company that develops HighRes Audio solutions for automotive and headphone markets using its patented High Precision Electrostatic Laminate technology (HPELs). Its products include ultra-thin, lightweight electrostatic transducers that deliver audiophile performance across a wide bandwidth with a fraction of the weight and thickness of traditional drivers, enabling flexible, shaped speaker designs. The company manufactures in-car audio systems for electric vehicles and headphone systems, including the Sonoma. Its low-power electroacoustic panels use mass-upcycled and recyclable materials and combine precision electrostatic transducers with low-distortion electrostatics to reduce power consumption and weight. Warwick Acoustics focuses on engineering products from the ground up to provide high-quality personal audio experiences. It was established in 2002 and is based in Nuneaton, United Kingdom.

Vizolution

Seed Round in 2013
Vizolution Limited, based in Port Talbot, United Kingdom, is a provider of innovative customer engagement solutions tailored primarily for the financial services, insurance, energy, and telecommunications industries. The company offers a suite of tools designed to enhance remote customer interactions and streamline financial transactions. Its flagship product, vScreen, is a patented screen-sharing technology that allows agents to conduct virtual meetings with customers, facilitating real-time document sharing and electronic signatures. Other offerings include vDoc, a secure portal for document management; vChat, which enhances web conversations with interactive features; and vVid, an advanced video solution that integrates with vScreen. Vizolution's solutions aim to improve customer satisfaction and sales productivity while ensuring compliance with industry regulations. The company, which was formerly known as Norland Technology Limited until its rebranding in 2015, also has an office in Toronto, Canada.

Acuitas Medical

Venture Round in 2013
Acuitas Medical Ltd is a company that develops and commercializes Fine Structure Analysis (fineSA), a magnetic resonance-based diagnostic technique designed for the in-vivo characterization of anatomical structures at a fine scale. The fineSA software addresses specific clinical imaging challenges and is particularly effective in applications related to bone diseases, such as osteoporosis, and liver fibrosis. The technology leverages the advantages of MRI, including high specificity, favorable signal-to-noise ratios, and the absence of radiation exposure. Founded in 2006 and originally named OsteoTronix Ltd, the company rebranded to Acuitas Medical Ltd in July 2010. It is headquartered in Swansea, United Kingdom, and focuses on advancing the diagnosis of various significant health conditions, including organ fibrosis and cancer.

Warwick Acoustics

Seed Round in 2012
Warwick Acoustics is a UK-based technology company that develops HighRes Audio solutions for automotive and headphone markets using its patented High Precision Electrostatic Laminate technology (HPELs). Its products include ultra-thin, lightweight electrostatic transducers that deliver audiophile performance across a wide bandwidth with a fraction of the weight and thickness of traditional drivers, enabling flexible, shaped speaker designs. The company manufactures in-car audio systems for electric vehicles and headphone systems, including the Sonoma. Its low-power electroacoustic panels use mass-upcycled and recyclable materials and combine precision electrostatic transducers with low-distortion electrostatics to reduce power consumption and weight. Warwick Acoustics focuses on engineering products from the ground up to provide high-quality personal audio experiences. It was established in 2002 and is based in Nuneaton, United Kingdom.

MedaPhor

Funding Round in 2012
MedaPhor Limited is an e-learning company based in Cardiff, United Kingdom, that specializes in creating training products for postgraduate medical professionals. The company focuses on enhancing ultrasound examination techniques through its innovative simulation technology solutions. MedaPhor's offerings include Blue Phantom, which provides ultrasound phantoms for hands-on simulation training in gynaecology and obstetrics, and True Anatomy, an endovaginal training model designed for ultrasound simulation. Additionally, MedaPhor develops models for intrauterine pregnancy, ectopic pregnancy, and general pathology, contributing to the advancement of medical education and training. Established in 2004, MedaPhor aims to improve the skills and knowledge of healthcare practitioners through its comprehensive training solutions.
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