Development Bank of Wales

What is Development Bank of Wales?

Development Bank of Wales is a government-backed investment firm dedicated to funding technology-based businesses and fostering economic growth within Wales. Their investments cover a wide range of industries, including software with a focus on web marketplaces, Software as a Service (SaaS), hardware manufacturing, robotics, healthcare and wellness, life sciences, and more.

As a specialist in equity financing, they offer expansion capital, as well as support for management buyouts and leveraged buyouts (MBO/LBO). The bank serves as a key vehicle for the Welsh Government's strategy to develop the local economy by providing access to finance for businesses that demonstrate growth potential.

Their aim is to create sustainable, market-led growth in Wales by offering strategic funding solutions to start-ups, early-stage, and mature businesses alike. The Development Bank of Wales is committed to not only providing capital but also strategic support to enterprises, leveraging their local knowledge and networks.

The firm's headquarters are located at 1 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ, United Kingdom, which is a prime location for engaging with local businesses and fostering a strong business community within Wales. Their approach is characterized by a deep understanding of the challenges and opportunities that businesses in Wales face, and they take pride in being a catalyst for progress, innovation, and job creation throughout the region.