# Development Bank of Wales Portfolio Map 2026: 48 Startups by Sector > Development Bank of Wales's portfolio mapped: 48 startups it has backed, in 9 sectors from AI, Fintech and Biotech on. Source: https://millionrounds.com/portfolio-maps/development-bank-of-wales-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## AI 9 - [cloud.IQ](https://millionrounds.com/company/cloud-iq) - [Antiverse](https://millionrounds.com/company/antiverse) - [Sidekick](https://millionrounds.com/company/sidekick) - [Tendertec](https://millionrounds.com/company/tendertec) - [Academii](https://millionrounds.com/company/academii) - [Finalrentals](https://millionrounds.com/company/finalrentals) - [Ecodetect](https://millionrounds.com/company/ecodetect) - [Breaking Change](https://millionrounds.com/company/breaking-change) - [Amped PCR](https://millionrounds.com/company/amped-pcr) ## Fintech 8 - [Vizolution](https://millionrounds.com/company/vizolution) - [*D* Delio](https://millionrounds.com/company/delio) - [Prosper](https://millionrounds.com/company/prosper) - [Hope Macy](https://millionrounds.com/company/hope-macy) - [Menna](https://millionrounds.com/company/menna) - [Level2](https://millionrounds.com/company/level2) - [Goldwise](https://millionrounds.com/company/goldwise) - [Yimba](https://millionrounds.com/company/yimba) ## Biotech 8 - [Jellagen](https://millionrounds.com/company/jellagen) - [Argonaute RNA](https://millionrounds.com/company/argonaute-rna) - [Reacta Healthcare](https://millionrounds.com/company/reacta-healthcare) - [Cellesce](https://millionrounds.com/company/cellesce) - [Halo Therapeutics](https://millionrounds.com/company/halo-therapeutics) - [CanSense](https://millionrounds.com/company/cansense) - [Corryn Biotechnologies](https://millionrounds.com/company/corryn-biotechnologies) - [BiVictriX Therapeutics](https://millionrounds.com/company/bivictrix-therapeutics) ## Big Data & Analytics 5 - [Agxio](https://millionrounds.com/company/agxio) - [W2 Global Data Solutions](https://millionrounds.com/company/w2-global-data-solutions) - [Route Konnect](https://millionrounds.com/company/route-konnect) - [Urban Intelligence](https://millionrounds.com/company/urban-intelligence) - [Stratigens](https://millionrounds.com/company/stratigens) ## Foodtech 5 - [Hilltop Honey](https://millionrounds.com/company/hilltop-honey) - [Coffi Lab](https://millionrounds.com/company/coffi-lab) - [Glucose Republic](https://millionrounds.com/company/glucose-republic) - [Mr Holt’s](https://millionrounds.com/company/mr-holt-s) - [Barti Rum](https://millionrounds.com/company/barti-rum) ## Manufacturing 4 - [Reacta Biotech](https://millionrounds.com/company/reacta-biotech) - [Thalia Design Automation](https://millionrounds.com/company/thalia-design-automation) - [Kubos Semiconductors](https://millionrounds.com/company/kubos-semiconductors) - [Locit](https://millionrounds.com/company/locit) ## Healthtech 3 - [Llusern Scientific](https://millionrounds.com/company/llusern-scientific) - [Signum Health](https://millionrounds.com/company/signum-health) - [Concentric Health](https://millionrounds.com/company/concentric-health) ## Cybersecurity 3 - [Validient](https://millionrounds.com/company/validient) - [Awen Collective Ltd](https://millionrounds.com/company/awen-collective-ltd) - [Hut Six Security](https://millionrounds.com/company/hut-six-security) ## Construction 3 - [Victorian Sliders](https://millionrounds.com/company/victorian-sliders) - [Go Banana](https://millionrounds.com/company/go-banana) - [Carapace Slate](https://millionrounds.com/company/carapace-slate) ## Segment by segment ### AI 9 startups · $85M raised - [**cloud.IQ**](https://millionrounds.com/company/cloud-iq) Cloud.IQ, based in London, is a technology company that specializes in AI and machine learning-driven automated conversion rate op United Kingdom $53M - [**Antiverse**](https://millionrounds.com/company/antiverse) Antiverse is a techbio company based in Cardiff, UK, with an office in Boston, MA. United Kingdom $14M - [**Sidekick**](https://millionrounds.com/company/sidekick) SIDEKICK provides advertising and marketing services for businesses. United Kingdom $11M - [**Tendertec**](https://millionrounds.com/company/tendertec) Tendertec is a UK-based deep tech company founded in 2017, focused on providing privacy-first, AI-powered care infrastructure for United Kingdom $2.3M - [**Academii**](https://millionrounds.com/company/academii) Academii Limited is a Welsh EdTech company that specializes in artificial intelligence-driven workplace training solutions. United Kingdom $1.4M - [**Finalrentals**](https://millionrounds.com/company/finalrentals) Final Rentals is an international car rental franchise network and meta-search platform based in Cardiff, Wales. United Kingdom $1.3M - [**Ecodetect**](https://millionrounds.com/company/ecodetect) Ecodetect Limited is a startup based in Anglesey, Wales, founded in June 2024 by Dr. United Kingdom $1.0M - [**Breaking Change**](https://millionrounds.com/company/breaking-change) Breaking Change is a game technology company based in Chepstow, Wales, founded in 2025. United Kingdom $981K ### Fintech 8 startups · $39M raised - [**Vizolution**](https://millionrounds.com/company/vizolution) Vizolution develops a screen sharing technology for businesses to directly interact with their clients. United Kingdom $18M - [*D* **Delio**](https://millionrounds.com/company/delio) United Kingdom $11M - [**Prosper**](https://millionrounds.com/company/prosper) After training over 70,000 students in 80 countries we know what it takes to help people earn more. United Kingdom $5.0M - [**Hope Macy**](https://millionrounds.com/company/hope-macy) Hope Macy is a fintech company based in Cardiff, established in 2018. United Kingdom $1.9M - [**Menna**](https://millionrounds.com/company/menna) Menna is a UK-based fintech company that offers an AI-powered finance assistant tailored for small businesses and sole traders. United Kingdom $1.2M - [**Level2**](https://millionrounds.com/company/level2) The first fully visual no-code automated strategy creation tool built for retail traders United Kingdom $780K - [**Goldwise**](https://millionrounds.com/company/goldwise) Goldwise is a UK-based global fintech that enhances access to physical precious metals for savers and investors through its tradin United Kingdom $683K - [**Yimba**](https://millionrounds.com/company/yimba) Yimba is a fintech company based in Chester, United Kingdom, focused on enhancing digital wallet experiences. United Kingdom $668K ### Biotech 8 startups · $25M raised - [**Jellagen**](https://millionrounds.com/company/jellagen) Jellagen is a marine biotechnology company based in Cardiff, Wales, specializing in the development and manufacturing of non-mamma United Kingdom $10M - [**Argonaute RNA**](https://millionrounds.com/company/argonaute-rna) Argonaute RNA company research projects build on existing intellectual property. United Kingdom $4.1M - [**Reacta Healthcare**](https://millionrounds.com/company/reacta-healthcare) Reacta Healthcare is a pharmaceutical and biotechnology company founded in 2013, based in Deeside, North Wales. Australia $3.7M - [**Cellesce**](https://millionrounds.com/company/cellesce) 3D organoids for drug discovery assays. - $1.9M - [**Halo Therapeutics**](https://millionrounds.com/company/halo-therapeutics) Halo Therapeutics is a deeptech health company based in Caerphilly, Wales. United Kingdom $1.9M - [**CanSense**](https://millionrounds.com/company/cansense) CanSense is a UK-based medical technology company focused on developing a non-invasive blood test for the early detection of bowel cancer. United Kingdom $1.8M - [**Corryn Biotechnologies**](https://millionrounds.com/company/corryn-biotechnologies) DermaWeave is Corryn Biotechnologies' world-first contactless microfibrous delivery system for use following cosmetic procedures. United Kingdom $1.4M - [**BiVictriX Therapeutics**](https://millionrounds.com/company/bivictrix-therapeutics) Biotech is a biotechnology company that develops cancer therapies. United Kingdom $473K ### Big Data & Analytics 5 startups · $7.2M raised - [**Agxio**](https://millionrounds.com/company/agxio) Agxio is an AI, data science, and machine learning company founded in 2018. United Kingdom $2.7M - [**W2 Global Data Solutions**](https://millionrounds.com/company/w2-global-data-solutions) W2 Global Data Solutions is a provider of international data, software and services. United Kingdom $2.0M - [**Route Konnect**](https://millionrounds.com/company/route-konnect) Route Konnect is a AI based software company. United Kingdom $1.4M - [**Urban Intelligence**](https://millionrounds.com/company/urban-intelligence) Data-Driven Property Development United Kingdom $799K - [**Stratigens**](https://millionrounds.com/company/stratigens) Stratigens is a SaaS application that combines labor market, economic, and geography data to deliver strategic business decisions. United Kingdom $268K ### Foodtech 5 startups · $16M raised - [**Hilltop Honey**](https://millionrounds.com/company/hilltop-honey) Hilltop Honey is the U.K with an exciting range of flavoured honeys and delicious cut comb. United Kingdom $13M - [**Coffi Lab**](https://millionrounds.com/company/coffi-lab) Coffi Lab provides exceptional coffee, comfortable meeting places, and friendly hospitality. United Kingdom $2.1M - [**Glucose Republic**](https://millionrounds.com/company/glucose-republic) Glucose Republic is a health technology company based in Cardiff, Wales, focused on improving metabolic health through personalize United Kingdom $660K - [**Mr Holt’s**](https://millionrounds.com/company/mr-holt-s) Mr Holt’s engaged in the manufacture and wholesale of confectionery products. United Kingdom $328K - [**Barti Rum**](https://millionrounds.com/company/barti-rum) Barti Rum produces alcoholic beverages. United Kingdom $287K ### Manufacturing 4 startups · $23M raised - [**Reacta Biotech**](https://millionrounds.com/company/reacta-biotech) Reacta Biotech is a biotechnology company that develops, manufactures, and commercializes diagnostic kits for food allergy testing. United Kingdom $11M - [**Thalia Design Automation**](https://millionrounds.com/company/thalia-design-automation) Thalia Design Automation provides software solutions to assist in the design of analog and mixed signal integrated circuits. United Kingdom $6.2M - [**Kubos Semiconductors**](https://millionrounds.com/company/kubos-semiconductors) Kubos Semiconductors is a UK-based company founded in 2017, located in Cambridge. United Kingdom $4.7M - [**Locit**](https://millionrounds.com/company/locit) Locit is a storage locker manufacturer for schools, gyms, offices, and public spaces. Australia $1.3M ### Healthtech 3 startups · $2.8M raised - [**Llusern Scientific**](https://millionrounds.com/company/llusern-scientific) Llusern Scientific Ltd is a life science and biotechnology company based in Cardiff, specializing in rapid and portable point-of-c Australia $1.7M - [**Signum Health**](https://millionrounds.com/company/signum-health) Signum Health is an industry agnostic management software designed to automate, simplify, and analyze business operations and workflows. - $566K - [**Concentric Health**](https://millionrounds.com/company/concentric-health) The market leading digital consent to treatment application. United Kingdom $529K ### Cybersecurity 3 startups · $2.1M raised - [**Validient**](https://millionrounds.com/company/validient) Validient is a legal tech and compliance software company based in Newport, Wales, with a registered office in Ottawa, Canada. Australia $1.2M - [**Awen Collective Ltd**](https://millionrounds.com/company/awen-collective-ltd) Awen is a software company making society safer by increasing cyber resilience in our critical national infrastructures and manufa United Kingdom $523K - [**Hut Six Security**](https://millionrounds.com/company/hut-six-security) Hut Six Security is a cybersecurity company focused on reducing security breaches caused by human error. United Kingdom $400K ### Construction 3 startups · $5.8M raised - [**Victorian Sliders**](https://millionrounds.com/company/victorian-sliders) Victorian Sliders specialist manufacturer of PVC-U vertical sliding sash windows, supplying professional trade installers across the UK. United Kingdom $4.9M - [**Go Banana**](https://millionrounds.com/company/go-banana) Go Banana is a UK-based B2B marketplace for building supplies, founded in 2015. United Kingdom $500K - [**Carapace Slate**](https://millionrounds.com/company/carapace-slate) Carapace | Net-Zero Manufacturing for Construction 🚀 Faster, greener materials for the built environment Carapace Slate is set to United Kingdom $406K **How this map is made.** Every startup here has raised money in a round we track that names Development Bank of Wales as an investor, the first in 2017. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Government fund · United Kingdom **Scottish Enterprise** 118 startups · 12 sectors · $1.9B](https://millionrounds.com/portfolio-maps/scottish-enterprise-portfolio-map)[Government fund · United Kingdom **European Union** 68 startups · 11 sectors · $1.5B](https://millionrounds.com/portfolio-maps/european-union-portfolio-map)[Government fund · United Kingdom **SBRI Healthcare** 38 startups · 3 sectors · $104M](https://millionrounds.com/portfolio-maps/sbri-healthcare-portfolio-map)[Government fund · United Kingdom **British International Investment** 35 startups · 5 sectors · $1.9B](https://millionrounds.com/portfolio-maps/british-international-investment-bii-portfolio-map)[VC firm · United Kingdom **Antler** 376 startups · 12 sectors · $10.0B](https://millionrounds.com/portfolio-maps/antler-portfolio-map)[VC firm · United Kingdom **Index Ventures** 359 startups · 12 sectors · $75B](https://millionrounds.com/portfolio-maps/index-ventures-portfolio-map) ## Raising from investors like Development Bank of Wales? 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