Read our latest press releases.


Global pharmaceutical company acquires North Wales med-tech business

Cosy Cinema

New Cosy Cinema pods open in Newport city centre thanks to Development Bank of Wales support

Mallows Beauty

Hat-trick for vegan beauty brand as Development Bank of Wales invests for the third time in Mallows

White Lion

Development Bank of Wales and Visit Wales invest in Machynlleth’s first 4* ‘premier’ inn


Popular 21-house development in Pembrokeshire backed by Development Bank of Wales

Gareth and Giles

430 Welsh businesses benefit from £125.2 million from the Development Bank of Wales

The Butchers Arms

New owner embarks on an eco-transformation of popular restaurant and bunk house in Merthyr

Pride Cymru

Development Bank sponsors PRIDE Cymru 2024

Sally Bridgeland

Hon. Group Captain Sally Bridgeland to Chair the Development Bank of Wales


£440,000 investment powers AI technology for the elderly

Gwenyn Gruffydd

£40,000 Fast-Track Loan Helps Award-Winning Honey Farm To Blossom

Williamston Care Home

Long-running Pembrokeshire care home taken on by new owners thanks to Development Bank of Wales support


Angel investment powers the circular economy

Final report into Welsh Covid-19 financial support shows high level of continued trading

Development Bank achieves its highest ever fundraising total of £72,000 for Pancreatic Cancer UK


Development Bank backs Kubos Semiconductor’s plans for new micro-LEDs


Development Bank of Wales backs construction for new green homes in Cardiff suburb

MM Electronics

Young entrepreneurs get the backing of the Development Bank of Wales


Investment of £520,000 brings fintech start-up to Cardiff


Development Bank helps unlock growth for South Wales home technology start-up SecuraCo


Welsh Secretary David TC Davies commends growth of medical device specialists IQ Endoscopes

Economic Intelligence Wales

Wales’ R&D-intensive businesses drive innovation and value creation


Development Bank invests in global healthcare AI tech

On the Rocks

£1 million On the Rocks in Mumbles

The Fertility Home

£350,000 from the Development Bank of Wales helps to create little miracles


Greener green valleys - Corporate Financier, March 2024

Development Bank of Wales sponsors #LlaisAwards for fourth year running

Wales Business Fund comes to a successful close.


Alacrity Alumni Validient secures £300,000 investment


Development Bank powers up Blendini for growth


Mum thanks Self Build Wales for “dream home” for her and her disabled son

Angel investors should familiarise themselves with new legislation

Pool Park

Denbigh business buys Denbighshire country home and estate thanks to loan from the Development Bank of Wales

Smugglers Livery

£35,000 Development Bank of Wales loan to power Smugglers Livery and Equestrian Centre

Steer IT Solutions

IT company takes on new Cardiff Bay office with help from Development Bank of Wales


Syndicated ESG facility awarded to Bluestone Resorts in Wales

Pennant Park

Multi-million pound investment in new lodges and facilities at Pennant Park

Giles Thorley

Half-year results for the Development Bank of Wales

Hope Macy

Hope Macy to use investment to fight financial vulnerability.


Flintshire business scales-up to showcase innovation with £100,000 investment


Freaklizard is growing with help from the Development Bank


Women business angels confirmed as lead investors


Angels unite to transform workplace training


Development Bank backs £4.1 million investment to transform brownfield site into vibrant business park

Knighton Costcutter

Mid-Wales general store cuts energy use thanks to Development Bank of Wales help


Welsh Rural and local economies benefit from £15 million as demand for funding tourism sector continues to increase

TC Consult

Construction consultancy goes back to its Welsh roots following shareholder buyout

Jaga Bros

On the road to net zero with Jaga Brothers


Specialist bike insurer, Bikmo raises £3.4 million to drive European expansion

Waterspring Ventures and The Development Bank of Wales announce investment into tourhub

Angladdau Enfys Funerals

Development Bank supports Bangor funeral directors to widen support available to families

Frog Bikes

Frog Bikes to reduce carbon emissions with a £150,000 investment in the use of recycled aluminium


Swansea based local energy company Gower Electric Co generates £35,000 benefit for the community


Owners of Madhav hang up their aprons for the last time as the Development Bank backs management buy-out of popular vegetarian Indian café and mini market in Cardiff

John Henry Flowers

Cardiff florist blooms with £15,000 micro loan

Picton House

Hotel starts next phase of business thanks to Development Bank of Wales

Economic Intelligence Wales looks back at “turbulent” financial year in annual report

Tenby Golf Club

New guest accommodation and restaurant to showcase Pembrokeshire with £1.24 million investment by Visit Wales and the Development Bank of Wales

Tiger Yard

New food court for Cardiff Bay hotspot sees Development Bank support


Development Bank feels at home in Powys with £4.68 million investment

Outdoor clothing brand Jöttnar raise seven-figure investment

Reel Label Solutions

Six figure follow-on investment for Reel Labels to meet growing demand for specialist printing

equity investment

Development Bank of Wales continues to be the biggest equity investor in Welsh businesses


Waterspring Ventures and The Development Bank of Wales announce investment into Operati Limited

Wibli Wobli

Newport’s first Welsh language full daycare nursery opens with funding from the Development Bank of Wales


Employees take ownership of Vantastec


New owners for Conwy Italian restaurant thanks to support from the Development Bank of Wales

Dylan's Den

£100,000 investment in Dylan’s Den as Crystal Shop expands in Wales

IE Hub

Leading UK fintech company relocates to Cardiff


Management buyout drives expansion for Deckrite

Seven Springs

Expansion work progresses at luxury lodge development with Development Bank Support.

Women Angels of Wales

First investment for Welsh all-women angel investor syndicate


Michelin-starred restaurant group expands with Development Bank backing

Development Bank of Wales Chair awarded OBE in the King’s Birthday Honours

Development Bank of Wales reports record levels of equity investment in Wales

Something Different

Green Business Loan Scheme – Something Different becomes first company to use new green loans


Women Angels of Wales celebrate first anniversary

Mamgu Welshcakes

Expansion plans for Pembrokeshire Welsh cakes producer thanks to Development Bank support


Entertainment for all the family as new leisure complex opens in Llanelli

Mallows Beauty

Development Bank of Wales is feeling good with investment in Mallows Beauty

Halo Therapeutics

£1.52 million boost for Halo Therapeutics as life-sciences business invests in Wales

Development Bank welcomes Nesta report on green homes financing


Development Bank backs MBO for Wrexham textiles firm

Principality Plastics Warehouse

UPVC Direct completes acquisition of Principality Plastics Warehouse


Cardiff Yard drives digital transformation with B Corp status

Development Bank of Wales commits to Principles for Responsible Investment

2B Enterprising

Syndicate of business angels invests for the second time in next generation of entrepreneurs and leaders

$3million investment as Antiverse demonstrates therapeutic antibody identification with AI-driven drug discovery platform


Young entrepreneurs complete management buyout of Motomec Aberdare Ltd


Start-up raises £1.5m for blood test to detect early-stage bowel cancer


18 speculative units all sold at Felindre Court, Pencoed Technology Park


Award-winning online learning service fills education gap

Green Loans

Helping businesses cut energy costs: Development Bank of Wales and Welsh Government launch new Green Business Loan Scheme

Wellpsring Homes

Sustainable living made possible with better than zero carbon construction

Hut Six

Hat trick for Hut Six as the cyber security company scales for growth

IQ Endoscopes

IQ Endoscopes secures £5.2m million investment from BGF and the Development Bank Wales

Report sees workforce growth in nearly a third of businesses backed by Welsh Government Covid-19 support

Green Heat Wales

£50,000 To Power Growth Of Renewable Energy Firm

Focused Fitness

Young entrepreneurs open Wrexham’s Focussed Fitness Training Centre


Finalrentals closes six-figure funding round


Women angels unite to invest in women in Wales


Ledwood to harness the power of the green economy


Matsudai Ramen at The Bank


New owners for Kingsward Group as founding Directors complete sale of family business

Development Bank of Wales backs biotech firm in £8.7m investment round


Global life science provider Molecular Devices announces acquisition of Cardiff-based Cellesce

Ground Bakery

Ground Bakery is on the rise with expansion

Development Bank of Wales shows “encouraging” performance in first half of financial year

Market Dynamics

Development Bank investment brings no-code systematic trading company to Wales

Holbrook Dubs

£40,000 micro loan for the love of Dubs

COP 27 – Development Bank of Wales outlines continued commitment to greener future


Driverly, the flexible car insurance provider which uses tech to reward good drivers, backed by Development Bank of Wales


Development Bank backs next-generation international fintech company with seed fund equity investment

Avantis Marine

Bridgend Marine Technology Integrator Completes MBO


North Wales Business Angels back smart self-storage providers

Gower Electric Bikes

E-bike company aims to help cyclists power round the Gower peninsula

Development Bank of Wales to offer Net Zero incentive

Angels Invest Wales and Camau Nesaf drive business investment in north Wales

Economic Intelligence Wales

New partners will bring “valuable insight and expertise” to Economic Intelligence Wales

Wagonex staff

Development Bank of Wales joins Admiral Pioneer in backing Wagonex

React Support Services

Care company takes first steps outside of Cardiff thanks to Development Bank’s help

Maggie Cross

Young entrepreneur’s jewellery business set for take-off with backing from the Development Bank of Wales

Report on Wales’ economy shows climate for small firms in Wales “remains difficult”

Origin Vets

Wales’ first clinic for exotic animals secures backing of the Development Bank of Wales

Abbey Glass

Development Bank helps businesses change hands with more than £17m in succession deals


Welsh Wedding Venue Operator Opens Third Location Following Seven-Figure Funding Deal

Lumberjack Axe Throwing

Young entrepreneur strikes target with new axe-throwing venue and “rage room” in Swansea


Jenkins family set to grow Capel Hendre business as the UK’s leading manufacturer of chimney cowls and flue systems

QLM Announces £12M Series-A Funding

FLS Chief Executive Ieuan Rosser

FLS invests in green freight vision of lower mileage, lower cost and lower carbon

Property of the Year 2022

Development Bank of Wales wins prestigious award

Giles Thorley

Development Bank of Wales announces £33 million for greener housing


Aberystwyth business expands with acquisition of guest house

Against the Grain

Development Bank of Wales serves up £15,000 for gluten-free coffee shop to open in Whitchurch

High levels of co-investment as the Development Bank publishes strong results for 2021/22

Reel Label Solutions

£1.2 million to fund shareholder buy-out and investment in future growth of Pontyclun printing specialists

CUPRA and VWFS Rent-a-Car launch subscription service for all-electric Born

Staff of 1st Choice Accident Repair Centre stood in front of truck

1st Choice Accident Repair acquires new site in Cardiff and plans to create 20 new jobs

Trameto secures second round funding from Development Bank of Wales and u-blox AG

Route Konnect team, Cardiff

Route Konnect drives ambitious growth plans £780,000 pre-seed investment

Ceryx Medical raises £3.8m in seed funding to bring cardiac device to in-human trials

Team at Insight HRC

Insight HRC looks to new future after management buy out

Ecomove founders Teddy Thompson and John Dorman

Personal electric transport business opens lithium-ion storage facility in Wales with £250,000 investment

James Brennan, Dan Ronson and Martin Leech standing outside the Casablanca Building

Home of much-loved Cardiff Bay nightspot given new lease of life through Development Bank of Wales and Handelsbanken

Report shows signs of recovery among Welsh businesses supported by government funding

Spirit of Wales

Development Bank of Wales backs the Spirit of Wales

Andrew Williams-Owen, Jamie Hughes, Scott Hughes, Rhian Jones (DBW Portfolio Monitoring).

Funding for multi-million pound luxury lodge development in Denbighshire

Dianne Walker & Iestyn Evans join Development Bank of Wales as non executive directors

Development Bank of Wales welcomes new non-executive board members

Karl Symmonds of TruPlas

Pembrokeshire home improvements company completes management buy-out

Harlech Grocer - Gary and Adrian Stevenson

New food emporium to open in Harlech


Duncan Gray appointed as new Technology Investments Director

Equity investment funds global expansion for Talkative

Delio co-founders David Newman (L) and Gareth Lewis (R)

Welsh fintech Delio raises a further £6.1m to accelerate global growth plans

Strong progress against ‘Build, Buy and Partner’ strategy Revenues ahead of expectations

Pelcomb bridge owners

Paramedics set to revive popular holiday park and restaurant with the help of a £300,000 loan

DAR Stores - L-R Daisy Sohanpal Rej Singh Sohanpal Daniel Kinsey 3

New store and new jobs for Troedyrhiw

Vegan butcher in Barry

Vegan butcher extends opening times and offering to meet customer demand

Creo Interactive 3 L-R Richard Ward MD, Nick Coakley Technical Director,  Kathryn Shaw Operations Director, Jordan Thorne Creative Director

Creative agency evolves as founding director initiates six-figure management buy-out

The Vale Grocer PR 1 - LR Alex Baines, Liz and Chris Kameen.

Development Bank invests in local fruit and veg business

Welsh Government helps secure 102 jobs and bright future for automotive parts manufacturing factory in Powys

Small businesses are on the fast track with finance from the Development Bank of Wales

Zainab Latif (FLS)

FLS enhances its commercial team with Zainab Latif

Howells L-R Paul Howells, Richard Easton

4th generation jeweller invests in 155 year old family business

Man riding an Atherton's mountain bike through woodland trail.

Building bikes better: How three siblings conquered the mountain and mountain bike manufacturing

Adrian Sutton (Vortex CEO).

Development Bank exits Vortex IOT Limited following acquisition by Marston Holdings

£500,000 for the love of Franks’ Gelateria


Software specialists move in to Wales having completed equity investment to help fund growth and acquisition strategy

L-R Chloe Stanford, Ashley Davies and Dora Vasarheyi.

MBO at A&R Services sees co-founder and long standing management take the reigns

applause from audience

Development Bank of Wales’ companies round off year with top award wins

Space Forge co-founder Andrew Bacon working in garage

Space Forge - Europe's fastest growing space tech startup - raises record-breaking $10.2M seed round

Glucose Republic raises £500,000 investment to build the first app focused on the impact of food

Wayne Harvey, Chair of FLS

Freight Logistics Solutions appoints Wayne Harvey as Chair

L-R Sion Wynne (DBW) Lesley Griffiths (Minister for North Wales) Nick Williams (Xscape Rooms)

A passion for puzzles inspires Bangor brothers’ new business venture

Chris McDermid, Donna Williams, MMEngineering

New home on enterprise zone for MMEngineering

L-R Jayne Brewer (CEO), Sue Poole (Founder), Carol Hall.

Investors bring enterprise to life through The Bumbles of Honeywood Programme for primary schools

Paul Mendieta CEO, Andy Morris, Development Bank of Wales, Tony Gale, Chairman Beren Kayali, CTO 

Development Bank of Wales invests in helping rural communities improve access to water storage infrastructure

£51 million support for Welsh businesses in the first half of 2021

Rhian Elston

Funding a greener tomorrow

Ed Parkinson and Dafydd Loughran.

24 Business angels Unite to Back Cardiff-based Concentric Health with £500,000 Investment

Chief Executive Owen Monie and his dog with Scott Hughes.

Animal Trust to open in Rhyl with £700,000 loan from the Development Bank

Sarah Bolt, CEO and co-founder of Forth

UK healthtech firm Forth raises £1.6M to launch ground-breaking FemTech product

Beauhurst and Banc logo

Welsh startups attracting record levels of investment

Mark Barrowman and Jonathan Gooders stood in front of their shepherd huts on the pontoon of a lake.

Relax and recharge as Wales’ latest luxury boutique glamping opens in Pwllheli

Image displaying IQ Endoscopes' logo.

IQ Endoscopes Completes £4 million Series A Equity Funding Round

castell gwyn

Development Bank of Wales invests in growth of artisan cheese business

Bethan Cousins

Business owners to share their experiences of equity investment at new conference

Osian Jones, Catrin Parry Jones, and Richard Easton standing by the Crwst cafe

CRWST opens new café at Poppit Sands following Development Bank of Wales support

Joe and Kasia Bromley and Stewart Williams

International expansion for outdoor women’s wear brand ACAI

Neil Rylance sat at a table with his hands together, smiling.

£1 million for Tahdah as Development Bank completes first co-investment with Alliance Fund Managers

Nicola Crocker and Simon Nichols

27 new faces at the Development Bank of Wales

Nursery room with white furniture

Hat trick of funding for award winning Ickle Bubba as the company opens new HQ in Swansea

Joanna Thomas (Development Bank of Wales) , Ieuan Rosser (FLS), Jamie Roberts (Grant Thornton) ​

£2.2 million investment helps Pontypool road freight solutions business tackle UK driver shortage

Nia Davies (Davlec) and Stewart Williams (Development Bank of Wales)

Davlec eyes up agri-tech sector expansion and diversification after securing six-figure growth funding

Solar panels

Swansea Businesses Urged to Plug into Gower Power to Invest in Their Local Community

Tiffany Thorn, CEO and founder of BiVictriX

Development Bank of Wales supports BiVictriX Therapeutics’ IPO on AIM

Mike Owen (Development Bank of Wales) and HRH Prince Charles

Development Bank of Wales invests in sustainable transport of the future

Food allergy diagnostic company secures £2.9m investment

Richard Easton (the Development Bank) and Mike Davies (Dale Roads) stood in front of Dale Roads entrance

New facilities and improved services for care residents

Giles Thorley, CEO of Development Bank of Wales, presenting

Economic Intelligence Wales publishes 2020/21 annual report on the performance of the Welsh economy

Cenydd Rowlands

Development Bank of Wales is laying the foundation for record investment and new jobs

Adam and David, co-founders of Coincover

Wales Angel Co-investment Fund's partial exit in landmark Coincover deal

woodlands house

Woodlands House is restored to its former glory for new residents with the help of the Development Bank of Wales

Space Forge raises seed round


Coincover - the platform providing cryptocurrency cover and recovery services - raises over $9m in Series A led by Element Ventures

Danika and Mike Woods from Just Love Foods with Archie the caterpillar cake

Perfect recipe to fund management buyout for Just Love Food Company

Lewis Homes

Lewis Homes to start work at Woodlands Green with £3.2 million investment by the Development Bank of Wales

Helen Morris and Claire Vokes

Risca start-up Brighter Minds Childcare secures micro loan from Development Bank of Wales

reacta biotech logo

UK Food Allergy Diagnostic company, Reacta Biotech, achieves MHRA Pharma GMP accreditation

shoppers walking in town centre

£3m North Wales town centres fund to open for applications

creo medical logo

Creo publishes final results for the 12 months ended 31 December 2020

gareth bullock and giles thorley

Development Bank of Wales invested almost £200 million in Welsh businesses in 2020/21

marine power systems

Angels make waves investing in Marine Power Systems

abbey construction

Abbey Construction builds phase 1 of Ridgeway View with support from Development Bank of Wales

Inspiresport acquired by Portman Travel Group

banyan care homes

£750,000 investment in local care services

tvi row

Development Bank of Wales raises over £53k for Alzheimer’s Research UK

deer technology

Deer Technology secures multi-million contract and raises £1.32 million equity investment


QLM announces successful completion of seed round of funding

R Lewis

Vendor initiated management buy-out funded by the Development Bank of Wales


Leading Welsh entrepreneurs announced as non-executive directors of the Development Bank of Wales

Go Banana logo

£250,000 to Go Banana

Vizolution appoints new chairman of the board


Yimba raises an additional round of investment ahead of UK market launch and strategic partnership announcement

Ceryx Medical appoints Chas Taylor as Chairman

old oak and likeafish swim school

Two Carmarthenshire businesses expand into new premises after £1.6M in Development Bank of Wales’ loans

Town centres across Wales to receive over £24 million

UK’s first-ever consumer-owned wind farm secures green light for construction following landmark £1.1m Welsh Government funding

wild water group

Wild Water Group expand with the opening of two new sites in England

phg consulting

Development Bank of Wales and Barclays funding package helps PHG Consulting Engineers move to new Grade II Cardiff HQ

litelok core

Swansea based LITELOK uses lockdown to help reduce bike and motorcycle theft with the launch of new product – their most secure lock yet

Antiverse raises £1.4 million ($2 million USD) to advance its AI antibody drug discovery platform

ALS CEO Steve Lanigan

Development Bank of Wales completes successful exit following management buy-out


Luxury is the name for Newport private chauffer start-up Luxstar


Start-up receives ~£1m to help sustainably solve global corrosion challenge

robert james ceo aerfin

AerFin is flying high with multi-million pound investment by the Development Bank of Wales

holyhead shellfish

Rise in business start-ups as entrepreneurs follow their dreams during lockdown

llais cymru logo

Launching Llais Cymru’s Welsh Women in Business Awards 2021


Ethical healthy living company Naissance expands with new Powys HQ following Development Bank of Wales’ seven-figure investment

patrick copping

NHS Trust joins the Conversant platform

Finboot secures investment from the Development Bank of Wales and Repsol in £2.4 million fundraise

gareth bullock and giles thorley

Development Bank of Wales welcomes Welsh Government £270M capitalisation of Wales Flexible Investment Fund

giles thorley and ken skates

Welsh Government sets out mission for more prosperous, equal and greener economy

green giraffe nursery

Two new giraffes – The Green Giraffe Nursery Ltd doubles number of childcare sites in Cardiff

helen kuhlman

Technology team at Development Bank of Wales boosted with new hires and promotions to help more tech businesses

markes bridgend

£2 million investment in Central Park, Bridgend

forth healthcare

Healthcare firm secures contract with Superdrug

carl fitzgerald dawan

Dawan Developments secures seven-figure Wales Commercial Property Fund loan for Spider Camp project

wild water group building

Wild Water Group expansion

health and her

Cardiff health-tech company is changing women’s lives forever with six-figure follow-on investment by the Development Bank of Wales

Rising UK start-up Codeherent announces appointment of Bill Crank to its board of directors

steve holt

Growing angel investment activity in Wales as the Development Bank of Wales details high expectations for 2021

boho flame candle

Relight my fire: Vegan-friendly artisan candle-maker Boho Flame Candles Co launches after Development Bank of Wales support


IQ Endoscopes secures Development Bank of Wales and Creo Medical led £1.5m funding round


Farming family invest in woodland luxury

ken skates and giles thorley

Economic Intelligence Wales reports over £1 billion additional Welsh Government investment supporting 141,000 jobs during Covid-19 pandemic

celtic storage

£250k investment means jobs in store for Merthyr

patrick copping

Conversant Technology becomes IT-giant Softcat's specialist partner - and in record time...

lamby way

Propco completes second phase of Waterside Business Park

oyster wharf

£2 million for new boutique hotel in Mumbles

gareth bullock

Development Bank of Wales reports half year results for 2020

CASS scaffolding

Investment for Barry Scaffolding Company to build for the future


£10 million powers investment in local energy projects

james sommerin

The shed by James Sommerin opens in Barry

emily may

Emily May Interiors is cooking up a storm with new kitchen design service

Welsh company Spectrum secures landmark investment to deliver full fibre broadband to 150,000 premises across south Wales

BiVictriX Therapeutics £1m investment from existing shareholders and the Future Fund to advance Leukaemia treatment

myrddin heritage

Development Bank of Wales likes the look of bacon and sausages from Llandysul

paul hide

Big hire for Welsh AI specialists


Reacta leads development of global peanut allergy diagnostic

cleany queeny

Business is gleaming for Cleany Queeny


Wagonex powers new vehicle subscription service mycardirect


It’s a hop & a scotch for Conwy couple as they start their new business venture

UpriseVSI secures six figure investment and rebrands to Flex Systems

Virtual drop-in clinic offers business support for Monmouthshire companies

Torfaen businesses receive over £2.2M from Development Bank of Wales COVID-19 Wales Business Loan Scheme

Leading Welsh technology companies Vizolution and W2 Global Data (W2) announce strategic partnership

alesi ultravision

Development Bank of Wales backed Alesi Surgical strikes exclusive deal with Olympus for distribution of Ultravision Surgical Smoke Management System in the US

holyhead shellfish

Holyhead Shellfish Ltd flooded with demand following start-up loan help from the Development Bank of Wales

stephen galvin

Why now is a good time to buy or sell a business


Welsh ultrasonic cleaning specialists provide sanitising solution

andrew scott

£2 million investment for Andrew Scott as the family run business celebrates 150 years

glamorgan telecom

LDC-backed Onecom makes first acquisition with Glamorgan Telecom Group

giles thorley and ken skates

Covid-19 Wales Business Loan Scheme update

prouts park

£1.475 million to power community energy project in Pembrokeshire

Creo Medical acquires Albyn Medical S.L.

dog furiendly

Co-investment syndicate backs Dog Furiendly, a new travel platform for dog owners

Melin Tregwynt

Looms are weaving as Mill reopens following lockdown


Equity investment in UK SMEs increases by 24% to £8.5 billion

Coffi Co

Coffi, gin and bakes business thrives thanks to new App

cb refrigeration

Tom Hannaby completes seven-figure majority share MBO of Caerphilly CB Refrigeration

adventure tours

Investment in the adventure of a lifetime

fuelactive logo

Cleantech firm FuelActive primed for growth after securing investments, technology grant funding and leadership changes

Gilks fleet

The Ethikos Group completes Gilks acquisition following a seven-figure loan from the Development Bank of Wales


Development Bank of Wales completes successful exit from Pwinty


Insuring cryptocurrency: Coincover fuels growth with latest investment round


Wesley Clover and Development Bank of Wales lead latest investment for Codeherent

Experienced technology investor Colin Batten joins Development Bank of Wales team


Development Bank of Wales continues its support of Talent Intuition


Online knowledge sharing platform launches to close the tech skills gap

Giles Thorley at EIW launch

Economic Intelligence Wales reports early effects of pandemic on Welsh Businesses in 2020 Annual Report

Cariad Glass Justine

Development Bank of Wales backed Cariad Glass offer lockdown creativity with Make at Home Mosaic kit

giles thorley

Investment in Welsh businesses tops £100 million for the Development Bank of Wales


Easing out of lockdown, what Welsh businesses are doing to survive and thrive

simon thelwall-jones

£2.4 million investment in ten technology deals in just ten weeks


£5.6 million property boom for mid and west Wales

sophia the sea lion

£250,00 investment to protect animals and jobs

creo medical

Positive NHS health economics data: Savings of nearly £5,000 per procedure using Speedboat


Wagonex leads the way in kick-starting the automotive sector

gaea bridget lewis

Development Bank of Wales-backed bath product retailer Gaea launches online shop as orders soar

David James

Welsh investors back X4 as SourceMogul storms the US

space forge

Will the next generation of British Manufacturing happen in Outer Space?

david george

Cycle insurer Bikmo raises £1.8 million to support global cycling boom


Port Talbot-based Hybrisan secures £500,000 to help fight Covid-19

Forth Sarah Bolt

Chepstow healthcare company launch first home blood test for COVID-19 which meets MHRA guidelines

good sheds

Development Bank of Wales delivers £2.9 million for the Goods Shed

creo medical

Creo’s continued evolution from early clinical adoption to wider international commercialisation

nolan upvc

Nolan UPVC completes multi-million management buy-out


AMPLYFI lands USD 5m for AI platform that analyses the world’s structured and unstructured data

bot hive

Bot-Hive successfully completes Development Bank of Wales led fundraising round


£500,000 to grow Aberystwyth horticulture business

giles thorley and ken skates

£36 million awarded to 585 businesses in just three weeks


BookingLive wins COVID-19 global hack prize

UK food allergy diagnostic company, Reacta Biotech raises £1.25m to continue expansion plans

beech developments

£100 million for 112 property developments in Wales


£100 million Development Bank of Wales loan scheme fully subscribed in first week

£375,000 to develop Better Boards

Ethos Group acquires the Pinnacle Document Solutions Group


FDA clears Creo’s new endoscopy device

booking live

BookingLive launches free call and email deflector tool for local Government organisations

giles thorley and ken skates

Development Bank of Wales launches £100 million Covid-19 Wales Business Loan Scheme

camlas vets

Farm vets on the move with £80,000 loan

tech nation logo

Vizolution becomes first ever Welsh company to make Tech Nation Future Fifty growth programme

pembrokeshire sailing

£20,000 Boom for Pembrokeshire Sailors to Open Second Centre in Lydstep


Businesses offered capital repayment holidays to help manage coronavirus impact

Lloyd’s launches new cryptocurrency wallet insurance solution for Coincover

Development Bank of Wales celebrates helping 900 business women on International Women’s Day 2020

self build wales

New scheme to help people in Wales build their own home

Free drop-in surgeries will benefit local businesses going for growth

just play golf

Just Play Golf in Penrhys driving community support after £50k loan from Development Bank of Wales


Fresh look for Knighton’s Costcutter will help community thrive

rhys jones

Development Bank of Wales appoints Rhys Jones as non-executive director

forth sarah bolt

Science-led testing designed for athletes benefits from investment boost


Development Bank of Wales invests in mobile payments innovator Yimba

kinderly nursery book

£300,000 investment by Ufi and the Development Bank of Wales to inspire bright young futures


Hafren Scientific Group Completes Acquisition of X-Ray Mineral Services

BookingLive secures £1.31m investment to fund expansion to US from new HQ in Wales

wales commercial property fund

First investment from £55 million Wales Commercial Property Fund

coffi co

Make-over for home of the #coffiheads

lamphey hall

New owners for Lamphey Hall hotel after Development Bank of Wales support


Snowdrop opens new independent living shop in Cardiff


Car subscription service Wagonex moves to Cardiff Tech Hub

accelerating tech startups

Capitalising on Cardiff’s tech boom

bespoke report

Closing the gap between small, medium and large enterprises in Wales

tregoes waffles

Tregoes Waffles ramps up production

medical connections

Swansea based Medical Connections completes management buy-out


£6 million Welsh Government support for businesses to deal with Brexit

TVI team

Technology venture investment specialists boost Wrexham team

keep calm couriers

£10,000 fast-track loan delivers for Chepstow business

bathing beauty

Mum's artisan skincare company expands with the help of a £45,000 Development Bank of Wales loan

best of hungary

Growth for Hungarian food company in Ceredigion

GCHQ cyber accelerator alumnus BlackDice secures £500,000 seed funding

social business connect

Wales’ largest public sector bodies commit to Buy Social

landsker and wcva logos

£2 million funding for the third sector in Wales

Capital advises Development Bank of Wales on Self-Build scheme

beech developments

Beech Developments creating affordable family homes for Caernarfon community thanks to Development Bank of Wales investment

modest trends

Modest Trends makes a fashion statement with £12,000 loan


Wagonex Limited announces a significant equity funding round as it looks to grow in the UK and beyond

mazuma founders and directors

Mazuma structures for 10x growth

top track logo

Vizolution flies flag for Wales with ranking on Sunday Times Tech Track 100


Digital entrepreneurs secure £500,000 to shake up online car leasing market

boathouse climbing centre

Llandudno’s old Lifeboat Station is home to new climbing centre

barmouth beach club

Holiday park for disabled people opens in Barmouth

giles thorley eiw

Economic Intelligence Wales’ first annual report highlights confidence in Welsh business sector despite UK uncertainty


Bombora makes waves in Pembrokeshire

cystic fibrosis trust cheque

Development Bank of Wales raise over £30,000 for Cystic Fibrosis Trust

royal welsh

Development Bank of Wales talking finance for Welsh businesses at the Royal Welsh Show

hut six

Hut Six maintains momentum as it completes funding round

ie ie productions

Award-winning Welsh production company expands all-female team


Owen & Owen, land and estate management, successfully completes ambitious equity purchase

poplars forge

Poplars Forge blacksmith moves to prestigious location

simon thelwall-jones

Simon Thelwall-Jones takes over growing technology team at the Development Bank of Wales

Challenger Comms

Challenger Mobile Communications set for growth

La Creme Patisserie bakery

La Crème Patisserie moves into much ‘kneaded’ bigger premises in Cwmbran

Thalia DA attracts $2m investment to grow analog IP re-use platforms

b2b IT

Cardiff based IT Support company expands following Development Bank of Wales backing

Matthew Wilde

The Development Bank of Wales appoints Matthew Wilde

Clare Sullivan

The Development Bank of Wales appoints Clare Sullivan

Alex Leigh

The Development Bank of Wales appoints Alex Leigh

investment team

The Development Bank of Wales appoints Scott Hughes and Chris Dhenin in North Wales

Giles Thorley and Ken Skates

Development Bank invests £80m in Welsh businesses

neil's fish and chip shop

Neil’s Fish and Chip shop has new owners


Toddlers’ skin care business takes confident first steps


Building equity clusters can accelerate business growth


Cardiff-based company expanding after Welsh Government support 

dragon recycling

71 new jobs created at Rhymney recycling centre


Management Buy-Out gives Spotnails new owners

one planet adventure

North Wales adventure park acquires site with HSBC UK and Development Bank support

snowdrop independent living

Management buy-out gives Snowdrop Independent Living new owners

giles thorley and ken skates

Businesses of all sizes in Wales to benefit from extra £121m of Welsh Government funding to help manage Brexit

larynx entertainment

Larynx Entertainment giving hip-hop a stage in Wales

cog neuro

Unique speech therapy application set to revolutionise life for those with communication difficulties

pembrokeshire business

Business Leaders unite behind new Pembrokeshire initiative


£1 million investment for Welsh start-up tackling a global, $2.5 trillion-dollar problem

wild water

Wild Water Group support Calon Wen dairy product shipment to Doha

open genius

Software firm secures £1.1m funding

nemesis ibers aberystwyth

Nemesis Bioscience expands development facility in Aberystwyth


Development Bank investment helps Vortex IoT continue rapid growth


Sports Injury Fix gears up for growth

cwmni da

Employee Ownership Trust secures 50 jobs at Cwmni Da


Healthcare virtual reality start-up secures major investment in Wales


Jöttnar secures £400,000 investment


A challenger to the recruitment industry has firmly established its roots in Cardiff, following a fund raise through the Development Bank of Wales

steve lanigan ALS managed services

Planning for growth

forth with life

Healthcare tech start-up Forth secures investment from Development Bank of Wales

succession fund

Pension fund invests £10 million in Welsh business owners

lsn diffusion

£1.25m loan helps advanced manufacturer prepare for growth

development bank of wales llanelli

Record investment of £21.3 million in West Wales businesses


Up to £210m opens the door to more self-builders in Wales

A1 eye wear

Local optician eyes up Wrexham

wild water group and gac

Wild Water Group sign alliance agreement with leading worldwide logistics company


Conversant Technology


Angels Invest Wales confirm £400,000 for DAS

wild horse brewing

Wild Horse invests in Llandudno

angels invest wales

Four lead angels prepare to invest in Wales

environmental compliance

ECL gears up to expand following latest Development Bank loan

safe and sound

Outdoor education company is safe and sound in new Llangollen HQ

Wrexham team

Impact of Development Bank of Wales in north Wales


New venue for coffee and brunch in Cardigan


MBO leads to decade of success

drl partitions

Movable wall systems manufacturer expected to turnover £2m in first year of trading as Development Bank of Wales announces investment

drone evolution

£180,000 investment for Drone Evolution as first investment from the Wales Angel Co-investment Fund

Welsh CX company goes global with development bank and major banks funding secures over £300,000 in latest round of funding


Healthcare firm receives £500,000 to develop innovative diabetic footcare device

Business News Wales secures six figure investment

mm engineering


w2 global

W2 Global Data Solutions secures £3m Series A funding


£230,000 investment in digital manufacturing for Dectek

wild water group

Cold Storage Company to bring up to 120 jobs to Valleys town

giles thorley and ken skates

Development Bank of Wales supports 344 Welsh businesses in first year

als managed services

Great British Entrepreneur leads management buy-out of £26m recruitment business

wrexham office opening

Development Bank of Wales opens Wrexham HQ

spit & sawdust

Social businesses thrive as loan fund hits record high

farmers arms

Farmers Arms to reopen with new look


£30,000 for the love of pizza


Chevler receives further backing from Development Bank of Wales


Talkative completes series a funding round

Ocean Matters

£500,000 investment to fulfil expansion plans for Ocean Matters

oil 4 wales

Oil 4 Wales to build new tourist café and shop at Nantycaws filling station

tour de cymru

Tour de Cymru raises £33,000 for local charity

new investment executives

Appointment of new investment executives

HJ Bassett

HS Bassett complete MBO

w2 global

Fast-growing South Wales fintech firm raises £1.25m


Aprose acquires Bridgend-based KWR Technologies

maesteg care home

Development Bank of Wales invests in Maesteg house care home


£6m Welsh Government and Development Bank investment to redevelop Cardiff Bay landmark

Glam Tel

Glamorgan Telecom MBO team on target as turnover expected to reach £5 million


Camtronics complete management buy-out with £400,000 succession funding

EIW launch

Economic Intelligence Wales to address gap in Welsh SME finance data

Jenny Tooth

Building the angel ecosystem in Wales

robin wood

Adventure awaits: Robinwood opens Wrexham centre

first choice

Development bank is first choice for accident repair centre


Natures Hand to provide care and support in Ebbw Vale with the help of the Development Bank of Wales


£20 million fund launched to support Wales tech businesses

Bangor Tyres

Bangor Tyre Services are keeping it in the family

Dimitri Metsios, Katia Fotiadis, Donna Strohmeyer

Perfect Quantum for coffee roasters

Sion Pierce

Off-road adventures for the disabled

lbs event

Up to £160m to unlock stalled sites for SME house builders

ken skates

Development Bank of Wales launches £8 million Wales Angel Co-investment Fund

jws cars

All aboard Coastline Coaches

Aparito Board appoints Dr Hall as Chairman

Development Bank of Wales publishes results for 2017/18


PR disruptor, JournoLink, secures £500k investment to provide an affordable PR solution to all businesses.


Marine Biotechnologies firm Jellagen on course for accelerated growth


Digital high street app secures £200,000 investment


Development Bank of Wales enters global construction market

x-stream properties

Abergavenny marks the spot for Xavier Rush


Mobility specialists Middletons set to open new stores across Wales


Cellesce announces fundraising to grow its cancer organoid business

Simply Do Ideas

Education Technology Pioneer Simply Do Ideas Raises £550,000


New funding for scientists tackling lung disease


£10,000 fast track micro loan helps ECR Concepts Software expansion plans


£15 million and counting as the Development Bank of Wales confirms commitment to North Wales

Seren’s Green Star is Rising


£500,000 investment for Comtek Network Systems UK as the Deeside business delivers on acquisition of Silicon Valley technology

Wrexham office

New Development Bank of Wales’ Wrexham HQ unveiled

Digital start-up Signum Health secures further investment and appoints new Chairman

MII Engineering

Development Bank of Wales invests £400,000 in MII Engineering

Head Candy

Dream home relocation for Head Candy

Digital Profile

Online career and recruitment platform Digital Profile secures £275,000 in Development Bank of Wales-led funding round

Ensuring the future of Welsh business


New Year signals a new direction for Fairyhill


Glenside Commercials starts work on a second site in Newport as turnover exceeds £15 million


Accountancy service Mazuma buys new offices thanks to £135,000 loan from the Development Bank of Wales

David Staziker

Development Bank of Wales appoints new Finance Director

Poetry Bookshop

Hay-on-Wye’s Poetry Bookshop enjoying new lease of life after Development Bank of Wales micro loan


Additional funding for doopoll as platform exceeds 250,000 votes

Packaging company creates 250 jobs in Wrexham

charity ball

Development Bank of Wales raises £19,000 for bereavement support charity


Family business is motoring with Development Bank of Wales investment

Creo Medical

Economy Secretary opens new facility at Creo Medical in Chepstow


New environmental consultancy aims to protect our future


Unlocking the potential of the Welsh economy

cab sec

Development Bank of Wales opens to help more Welsh businesses succeed