Skip to content

Development Bank of Wales

The Development Bank of Wales is a government-owned development finance institution that provides debt and equity financing to small and medium-sized enterprises (SMEs) and startups across Wales. It aims to foster economic growth and job creation by supporting businesses at various stages of development.

Founded
2001
Recorded stages
Friends Family, Angel, Accelerator, Pre Seed, Seed, Seed Plus, Series A, Series A Plus, Series B, Series B Plus, Series C, Series C Plus, Series D, Series E, Series F, Growth Equity
Recorded regions
United Kingdom

Online destinations

Find Development Bank of Wales online

Where to find this organization online, grouped by who runs each page. A link here does not mean the organization controls it.

Official links

Pages the organization runs itself.

Overview

The Development Bank of Wales was established in 2001 and is wholly owned by the Welsh Government. It focuses on providing financial assistance to businesses in Wales, including startups, scaleups, and property developers. The bank manages approximately £2 billion in funds and has supported over 3,600 SME customers. Its mission is to unlock economic potential and create jobs by effectively directing public funds to businesses that can benefit Wales. The bank offers a range of financial products, including loans and equity finance, tailored to support businesses at different stages of development.

Focus

The Development Bank of Wales invests in businesses through a variety of financial products, including business loans and equity finance. Its mission is to support companies at different stages of their development, from early-stage startups to more established enterprises, across multiple sectors within Wales.

Support

The Development Bank of Wales adds value to its portfolio companies by providing not only financial support but also access to resources and expertise that can help businesses navigate challenges and seize growth opportunities.

Check your startup’s fit

Check your startup’s fit with Development Bank of Wales

Similar investors

Organizations that do similar work to Development Bank of Wales.

All investors
Founders Fund logoInvestor

Founders Fund is a venture capital firm based in the United States, founded in 2005. It invests in technology companies across various sectors and stages.

AEA Investors logoInvestor

Transforming businesses for long-term success.

Gobi Partners logoInvestor

Gobi Partners is an Asia-focused venture capital firm headquartered in Kuala Lumpur and Hong Kong, managing $1.6 billion in assets. The firm invests in early to growth-stage startups across diverse sectors, with a strong emphasis on the Circular Economy.

MDI Ventures logoInvestor

MDI Ventures is a strategic venture capital firm based in Indonesia, managing multiple funds that invest across all stages of startups. The firm focuses on technology and digital services, with a presence in Indonesia, Singapore, and the United States.

Superscout Pro

Find faster. Show up verified. Keep your deals private.

$99a year, or $12 a month
Get Pro

Is this page right?Reviewed · How the research works

Something's off