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

Deputy Fund Manager

Rhodri Evans

Deputy Fund Manager

Past deals in Coffee

Coffi Lab

Seed Round in 2024
Coffi Lab operates a dog-friendly coffee shop, offering high-quality coffee, inviting meeting spaces, and warm hospitality. Its mission is to create a welcoming environment where customers can connect, relax, and enjoy simple pleasures in the company of their pets.

The Hours Café & Bookshop

Debt Financing in 2017
The Hours Cafe & Bookshop is a stock a fine selection of carefully hand-picked classics, contemporary fiction, poetry, art, local interest and children’s books. Our charming cafe is home to the now famous ‘Sticky Toffee-Apple Pudding’ and offers a scrumptious array of freshly prepared food.
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