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Development Bank of Wales
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Development Bank of Wales

Trusted
https://developmentbank.wales/
Last activity: 10.06.2026
Active
Categories: Augmented realityBusinessEconomyFinTechMarket
Rydyn ni eisiau datgloi'r potensial yn economi Cymru trwy gynyddu'r ddarpariaeth o gyllid cynaliadwy, effeithiol yn y farchnad. Cyllid hyblyg ar gyfer busnesau yng Nghymru o £1,000 i £10 miliwn. Benthyciadau ac ecwiti. Wedi'u diogelu a heb eu diogelu.

We want to unlock potential in the economy of Wales by increasing the provision of sustainable, effective finance in the market. We offer flexible finance for businesses based in Wales from £1,000 up to £10 million. Loans and equity. Secured and unsecured.
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1.52K
Followers
6.41K
Followers
10.54K
Website visits
8.7K /mo.
Mentions
14
Persons
1

Overview

Location
United Kingdom, Wales, Wrexham
Employees
201-500
Phone
08005874140
Founded date
2001

Persons 1

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Mentions in press and media 14

DateTitleDescription
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Apr 15, 2026openmoove Receives £700K Equity Investmentopenmoove, a Cardiff, Wales, UK-based provider of a prop-tech platform, received £700K in equity investment from the Development Bank of Wales. The company intends to use the funds to grow its team and support the rollout of its service acr...
Jun 27, 2025Ceryx Medical secures £5m in latest funding roundWe are pleased to announce our latest investment in Ceryx Medical, a University of Bristol spinout working on revolutionary new pacemaker technology, aimed at helping patients with long-term heart failure. The business has successfully comp...
Oct 16, 2024Driving Change in Car Rentals Ammar Akhtar shares his journey in building Cardiff based Finalrentals from leveraging personal savings to tapping into a robust global network. Explore his insights on navigating challenges, securing funding, and achieving enduring success.A vision born from experience Ammar Akhtar's entrepreneurial journey began with a clear vision: to empower smaller car rental companies sidelined by industry giants. After spending over 17 years working with major car rental companies, he s...
Apr 24, 2024PeppercornAI Revolutionizes Insurtech with £3.25M Funding BoostPeppercornAI, a Cardiff-based insurtech company, secures £3.25M in funding from Wealth Club, EHE Capital, and Angels Invest Wales. This funding will fuel the development of their conversational AI technology, setting a new standard in the i...
Apr 24, 2024PeppercornAI raises £3.25M to help insurance keep up with AIInsurtech PeppercornAI has raised £3.25M in a round from Wealth Club, EHE and Angels Invest Wales. Despite a downturn in investment into UK fintech and insurtech, the round was oversubscribed. In April 2022, the company secured £1.8m in see...
Mar 17, 2022The Week in Agrifoodtech: Licious nets $150m, Bear Robotics raises $81mLicious, an India e-commerce marketplace for meat, scored $150 million in Series F-plus investment this week, while California’s Bear Robotics bagged $81 million for its robot restaurant servers. Over in agtech, Local Bounti snapped up a ri...
Apr 23, 2021The power of clusters: driving UK fintech forwardThe Kalifa Review of UK Fintech was launched in February and identified 10 fintech “clusters” across the UK that are producing high-growth fintechs and have significant potential for further growth and development. To understand what is dr...
Mar 1, 2021Scaling a fintech company in WalesFor Delio cofounder and chief executive Gareth Lewis, Cardiff was the ideal location to start his fintech company, which provides white label private market technology platforms for financial institutions. Having worked in corporate finance...
Jul 14, 2020Insuring cryptocurrency: Coincover closes roundThe cryptocurrency market is heating up with significant growth in 2020 and a new wave of potential crypto investors ready to join in. But there is just one thing keeping them from taking the plunge – a safety net.
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FAQ about Development Bank of Wales

When was Development Bank of Wales founded?

Development Bank of Wales was founded in 2001.

What has the press written about Development Bank of Wales?

Parsers VC has collected 14 articles mentioning Development Bank of Wales, among them “openmoove Receives £700K Equity Investment” (Apr 15, 2026) and “Ceryx Medical secures £5m in latest funding round” (Jun 27, 2025).

Is Development Bank of Wales still active?

Yes, Development Bank of Wales is active; its latest activity on Parsers VC dates from Jun 10, 2026.