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Development Bank of Wales Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

Development Bank of Wales Investment Overview

Portfolio Companies
168
Total Invested
$335.0M
Average Investment
$2.5M

Development Bank of Wales's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
AMPLYFI2023Venture - Series UnknownUndisclosedCardiff
Kaydiar2024Grant$870KNeath
Tahdah2021Seed$1.4MLlandudno
Menna2024Pre-Seed$660KCardiff
Hilltop Honey2024Debt Financing$13.1MDinas Powys
Mallows Beverages2024SeedUndisclosedCoed Ely
Amotio2025Pre-Seed$1.1MCwmbran
Optimise AI2024Seed$951KCardiff
SPORTTAPE2024Venture - Series Unknown$1.3MBedwas
Argonaute RNA2024Venture - Series Unknown$2.3MBristol

Complete List of Development Bank of Wales Portfolio Companies (168)

Export
#CompanyStageAmountLocation
1AMPLYFIVenture - Series UnknownUndisclosedCardiff, United Kingdom
2KaydiarGrant$870KNeath, United Kingdom
3TahdahSeed$1.4MLlandudno, United Kingdom
4MennaPre-Seed$660KCardiff, United Kingdom
5Hilltop HoneyDebt Financing$13.1MDinas Powys, United Kingdom
6Mallows BeveragesSeedUndisclosedCoed Ely, United Kingdom
7AmotioPre-Seed$1.1MCwmbran, United Kingdom
8Optimise AISeed$951KCardiff, United Kingdom
9SPORTTAPEVenture - Series Unknown$1.3MBedwas, United Kingdom
10Argonaute RNAVenture - Series Unknown$2.3MBristol, United Kingdom
AnalyticsArtificial Intelligence (AI)Big DataBusiness IntelligenceInformation TechnologyMachine LearningMarket ResearchPredictive AnalyticsSoftware

AMPLYFI is a privately held company that provides software platform capable of intelligently harvesting open source data from the internet.

Cardiff, United Kingdom
September 2023
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

MedicalMedical Device

Kaydiar specialises in offloading technology products for cost-effective wound care, such as orthotic devices and bed mattresses.

Neath, United Kingdom
September 2024
$870K
Grant

Founder Contacts

30,000+ verified contacts

AppsInternetProfessional NetworkingSaaSSocial Network

Tahdah is a multi-tenant software as a service platform that provides unique benefits and functionalities for each of its different users.

Llandudno, United Kingdom
September 2021
$1.4M
Seed

Founder Contacts

30,000+ verified contacts

AdviceArtificial Intelligence (AI)Financial Services

Menna is a financial company that provides artificial intelligence and advisory services.

Cardiff, United Kingdom
September 2024
$660K
Pre-Seed

Founder Contacts

30,000+ verified contacts

Food and BeverageManufacturing

Hilltop Honey is the U.K with an exciting range of flavoured honeys and delicious cut comb.

Dinas Powys, United Kingdom
August 2024
$13.1M
Debt Financing

Founder Contacts

30,000+ verified contacts

E-CommerceFood and BeverageRetailWine And Spirits

Mallows Beverages sells alcohol and soft drink products.

Coed Ely, United Kingdom
August 2024
Seed

Founder Contacts

30,000+ verified contacts

Health CareMedical

Amotio Health is a medical technology start-up focused on innovation in orthopaedic revision surgery.

Cwmbran, United Kingdom
July 2025
$1.1M
Pre-Seed

Founder Contacts

30,000+ verified contacts

Information ServicesInformation TechnologySoftware

Optimise AI is an It consulting firm.

Cardiff, United Kingdom
July 2024
$951K
Seed

Founder Contacts

30,000+ verified contacts

E-CommerceSporting GoodsWellness

SPORTTAPE is an eCommerce store for sports tape products.

Bedwas, United Kingdom
July 2024
$1.3M
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

Biotechnology

Argonaute RNA company research projects build on existing intellectual property.

Bristol, United Kingdom
July 2024
$2.3M
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

AutomotiveService Industry

Moneyshake helps people find the best lease deals quickly by comparing prices from the providers.

Newcastle Under Lyme, United Kingdom
June 2022
$1.3M
Seed

Founder Contacts

30,000+ verified contacts

BiotechnologyLife SciencePharmaceuticalTherapeutics

Biotech is a biotechnology company that develops cancer therapies.

Alderley Edge, United Kingdom
June 2024
$473K
Grant

Founder Contacts

30,000+ verified contacts

Business IntelligenceSaaSSoftware

Stratigens is a SaaS application that combines labor market, economic, and geography data to deliver strategic business decisions.

Newport, United Kingdom
June 2023
$268K
Pre-Seed

Founder Contacts

30,000+ verified contacts

Egni Co-op is the UK's largest rooftop solar co-operative.

Swansea, Australia
June 2026
$1.9M
Debt Financing

Founder Contacts

30,000+ verified contacts

AerospaceHardwareManufacturingRoboticsSemiconductor

Space Forge develops reusable satellites for manufacturing materials in space.

Cardiff, United Kingdom
June 2026
$30.2M
Grant

Founder Contacts

30,000+ verified contacts

Health CareManufacturingMedical Device

Ceryx Medical is developing bioelectronics based on unique, patent protected, chip technology.

Bath, United Kingdom
June 2025
$6.8M
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

AnalyticsAutonomous VehiclesInformation ServicesInformation TechnologyInfrastructureInternet of ThingsMachine LearningPollution Control

Route Konnect is a AI based software company.

Cardiff, United Kingdom
May 2022
$984K
Pre-Seed

Founder Contacts

30,000+ verified contacts

ManufacturingOffice SuppliesRetail

Locit is a storage locker manufacturer for schools, gyms, offices, and public spaces.

Deeside, Australia
May 2026
$1.3M
Debt Financing

Founder Contacts

30,000+ verified contacts

BiotechnologyHealth CareLife ScienceMedicalTherapeutics

Halo Therapeutics develops antivirals to prevent users from sickness.

Bristol, United Kingdom
May 2023
$1.9M
Seed

Founder Contacts

30,000+ verified contacts

AppsHealth CareInformation TechnologySoftware

Bond Digital Health is a technology company developing end-to-end digital connectivity for the point-of-care diagnostics market.

Cardiff, United Kingdom
May 2022
$1.7M
Equity Crowdfunding

Founder Contacts

30,000+ verified contacts

Cyber SecurityData VisualizationIndustrialInternet of ThingsRisk ManagementRoboticsSoftware

Awen is a software company making society safer by increasing cyber resilience in our critical national infrastructures and manufacturers

Cardiff, United Kingdom
April 2022
$523K
Seed

Founder Contacts

30,000+ verified contacts

Industrial AutomationLogisticsMachinery ManufacturingManufacturingRobotics

Bot-Hive is building the future of flexible automation.

Bristol, United Kingdom
April 2022
$393K
Pre-Seed

Founder Contacts

30,000+ verified contacts

CollaborationDeveloper ToolsEnterprise SoftwareSoftware

Open Moove is a software platform that provides tools for property transactions, collaboration, and workflow management.

Cardiff, United Kingdom
April 2026
Pre-Seed

Founder Contacts

30,000+ verified contacts

Health CareMedicalSoftware

The market leading digital consent to treatment application.

Cardiff, United Kingdom
April 2022
$529K
Grant

Founder Contacts

30,000+ verified contacts

Non ProfitProperty ManagementReal EstateResidential

Tirion Homes is a non-profit residential developer, owner, and estate manager focused on housing and community development.

Cardiff, United Kingdom
April 2025
$22.9M
Debt Financing

Founder Contacts

30,000+ verified contacts

Showing 1-25 of 168 portfolio companies

Frequently Asked Questions About Development Bank of Wales

How many companies has Development Bank of Wales invested in?

Development Bank of Wales has invested in 168 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Development Bank of Wales invest in?

Development Bank of Wales's top investment sectors include Software, Manufacturing, Health Care, Information Technology, Medical. The firm invests across 56 different industry categories.

What is Development Bank of Wales's largest investment?

Among tracked funding rounds, Space Forge received $30.2M in a Grant round. Development Bank of Wales's total known invested capital is $335.0M.

What is the average investment size for Development Bank of Wales?

Development Bank of Wales's average investment size is $2.5M across its portfolio of 168 companies.

What are Development Bank of Wales's most recent investments?

Recent Development Bank of Wales portfolio additions include AMPLYFI, Kaydiar, Tahdah, Menna, Hilltop Honey. These companies were founded in 2020 or later.

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