Development Bank of Wales
Development Bank of Wales

Development Bank of Wales

Provides flexible financing, including loans and equity investments, to Welsh businesses and property developers.

Website
2017VC1 portfolio$2.0B AUMWrexham, United Kingdom

About

The Development Bank of Wales is a Welsh government-owned development bank that provides financial support for Welsh businesses, property developers, and homeowners. It offers loans for businesses to start up, scale, and grow, as well as equity investments for early-stage and established businesses. The bank aims to unlock growth by filling market gaps and leveraging private capital, with an increasing focus on firms pursuing sustainability, digitalization, and high-value innovation.

Key facts

At-a-glance profile data

Website
developmentbank.wales
Type
VC
Headquarters
Wrexham, United Kingdom
Funds raised
$2.0B
Portfolio companies
1
Stages
Seed
Pre-Seed
Early Stage
Growth Stage
Series A
Cheque size
$2M to $2M
Sector focus
B2B
Commercial Products
Services
Healthcare
TMT

Recent investments

Recent funding rounds Development Bank of Wales took part in
DateCompanyRoundAmount
7 Aug 2025watrSeed$2M
1 May 2023watrUndisclosed round$3M
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Frequently asked

What companies has Development Bank of Wales invested in?

Development Bank of Wales has invested in watr.

AUM
$2.0B
PORTFOLIO
1