Steve Smith

I joined the company in 2006 to establish an equity investment team focused on early stage technology ventures. 

Over the past 11 years, I have overseen Investments of £75 million in a portfolio of 60+ companies. During this period, I have been instrumental in raising new investment funds from government and EU structural funds. Whilst leading the technology ventures team, we have developed a strong network of co-investors and executed a number of successful exits and AIM listings from the portfolio.

Prior to the development bank, I worked within industry, academia and the public sector, with a strong focus on innovation, research and development, and intellectual property commercialisation.

I am a chartered mechanical engineer and a Fellow of the Institute of Mechanical Engineers. I sit on the advisory board for Beacon at Aberystwyth University and I am a member of the ministerial advisory council for innovation in Wales (WIAC).