Fundraising Fox

Development Bank of Wales

Government fund

Cardiff · Pre-Seed–Late Stage · 10 people tracked

Fox Verdict
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Stage
Pre-Seed–Late Stage
Check
$12.7K – $12.7M
HQ
Cardiff, GB
Instruments
Debt · Equity
Founded
2001
AUM
$2.4B
Tracked investments
2

Team · 10 people

from public directories

What they invest in

from 2 of 2 portfolio companies

AgTech ×1AI & Machine Learning ×1Biotech ×1Construction Tech ×1Hardware ×1Robotics ×1

HQs:United Kingdom×2

Investments · 2 tracked

founders shown can be your intro path
Agxioagxio.comin𝕏✓ verified

Agxio builds AI, data science and machine learning applications focused on the biotech, life sciences and agricultural science industries, addressing complex business problems for those sectors.

AgTechAI & Machine LearningBiotechAberystwyth, GB

Dr. Stephen Christie(Co-founder, CEO & Chief Scientist)Dave Gregory(Co-founder, COO)Dan Jones(Co-founder, Sales & Finance)Amy Dron(Chief Communications Officer)

Drone Evolutiondronevolution.co.ukin𝕏✓ verified

Drone Evolution provides drone-based inspection and survey services—including roof, infrastructure and asset inspections, thermal surveys and 3D modelling—using employed pilots operating across the UK for sectors such as construction, utilities, housing associations, local government and property.

Construction TechHardwareRoboticsCaerphilly, GB

Clayton Earney(Operations Director)Toby Townrow(Communications Director)John Young(Technical Director)

Frequently asked questions

What stage does Development Bank of Wales invest at?
Development Bank of Wales invests at the Pre-Seed, Seed, Series A, Series B, Series C, Late Stage stages.
What is Development Bank of Wales's typical check size?
Development Bank of Wales typically writes checks of $12.7K – $12.7M.
What sectors does Development Bank of Wales focus on?
Development Bank of Wales focuses on Advanced Manufacturing, Biotech, Energy, Enterprise Software, Hardware, Healthtech, IoT, Media & Entertainment, PropTech, SaaS.
Where is Development Bank of Wales located?
Development Bank of Wales is headquartered in Cardiff, GB.

Co-investors · 8

Addition

Addition is a venture capital firm that invests in early and growth-stage tech companies.

$1M – $500M
VOLT CAPITAL

Volt Capital is a crypto-native venture fund that originated from the Token Daily community platform and maintains a separate validator arm to deeply understand blockchain networks they don't even invest in. The firm focuses on early-stage companies that use crypto rails but have familiar Web2-style business models, deliberately targeting overlooked areas from previous cycles while other VCs chase newer narratives.

$100K – $1M
FinTech Collective

FinTech Collective is a venture capital firm partnering with founders building companies that reshape financial markets and reimagine money in a digital world.

$100K – $10M
World Fund

World Fund is a climate tech venture capital firm that invests in startups with significant climate performance potential, using a proprietary science-based methodology to quantify potential CO2e savings.

$1.1M – $16.5M
13books Capital

13books Capital is a venture capital firm that invests in early-stage financial technology startups, backing founders building the future of finance.

$1.3M – $8.9M
Type One Ventures

Type One Ventures is a multi-stage venture capital firm focused on funding founders building technologies, infrastructure, and industrial systems aimed at advancing humanity toward an abundant, self-sufficient, and interplanetary future.

$100K – $5M
1435 Capital

1435 Capital is a venture and private equity investment firm working with early-stage and growth-stage companies, providing capital along with strategic and operational support to portfolio companies.

SpaceFund

SpaceFund is an early-stage venture capital fund investing exclusively in startups building the emerging commercial space economy, including space infrastructure, transportation, components, and supply chains.

Firms observed investing alongside Development Bank of Wales, from public investor directories. Shared companies are the overlap with Development Bank of Wales's recorded portfolio.

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