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.
Investment Director and Member of the Investment Committee
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
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 Spirits
Barti Rum
Debt Financing in 2024
Barti Rum is a producer of spiced rum and alcoholic beverages. It blends Caribbean rum with traditional spices such as vanilla, clove, cinnamon, and citrus to create flavored rums with depth and balance. The company serves customers in Wales and focuses on craftsmanship and distinctive flavor profiles in its offerings.
Mallows Beverages
Seed Round in 2024
Mallows Beverages is a beverage distribution company that specializes in natural fruit-based soft drinks and a range of alcoholic beverages. They produce and distribute refreshing, high-quality drinks using traditional methods and natural ingredients. Their product portfolio includes bourbon, gins, rums, and flavored liqueurs, catering to health-conscious consumers and specialty retailers seeking authentic, artisanal beverages.
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