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Portfolio news 2016

Read the latest news on our portfolio companies’ successes.

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Organic semiconductor leaders strengthen IP position

The European Patent Office (EPO) has granted a new patent to semiconductor pioneer SmartKem.

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New technology from Swansea University spin-out PulmonIR detects degenerative lung condition that affects millions worldwide

Pioneering research by Professor Paul Lewis of Swansea University’s Medical School into one of the most common lung diseases in the UK, Chronic Obstructive Pulmonary Disease (COPD), has led to the development of a new technology that can quickly and easily diagnose and monitor the condition.

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Entrepreneur Simon Powell launches InspireTec

TECHNOLOGY entrepreneur Simon Powell has closed the gap in his portfolio’s existing service provision with the launch of a new business ‘super group’ known as InspireTec.

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Charity trading subsidiary’s first acquisition hailed as ‘significant’ for sector

The first acquisition by the trading arm of mental health charity Gofal has been hailed as a “significant statement within the sector”.

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IoD wales and Finance Wales host successful succession planning business breakfast

Business leaders are being invited to attend an enlightening and informative Business Breakfast hosted by IoD Wales and Finance Wales. The event will discuss concerns and answer questions around the topic ‘Succession planning - putting your house in order.’

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IMSPEX Diagnostics Ltd and Jinan Hanon Instruments Ltd announce the acquisition of a strategic controlling interest by the Chinese company in the Welsh technology start-up.

IMSPEX Diagnostics Ltd. (IMSPEX), the UK analytical instrumentation provider owner of 90% of GAS GmbH (www.gas-dortmund.de) announced today a strategic agreement with Jinan Hanon Instruments Ltd. (HANON), a leading Chinese manufacturer of analytical chemistry instrumentation based in Jinan, Shandong Province, China.

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HSBC leads £5m co-investment in Vizolution with Finance Wales

Vizolution today announced that it has received £5m in new equity investment to drive product development and international growth.

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BGF & HSBC back Wales Environmental with £3.75m investment

Wales Environmental, a liquid waste management and drainage company headquartered in South Wales, has received a £2m investment from BGF (Business Growth Fund) alongside an additional £1.75m of funding from HSBC. The capital will be used to support the continued geographical expansion of the business across Wales and England.

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Working Word’s story starts a new chapter of growth following management buyout

Wales’ largest independent PR agency, Working Word, is aiming for client, service and revenue growth following a management buyout.

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Nudjed raises £350,000 investment to disrupt health-tech market

Leading South Wales tech startup raises money from private backers and Finance Wales

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Powys awards supports growth at local firms

The launch of the Powys Business Awards, which took place recently, gave one of the competition’s long standing sponsors Finance Wales, a chance to catch up with their category winner from 2015.

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BVCA announces winners of Wales Management Team Awards 2016

The British Private Equity & Venture Capital Association (BVCA) is pleased to announce the winners of the Wales Management Team Awards 2016.

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From a one-week prototype to a £1 million valuation in a year – financiers vote to invest in doopoll

Following the securing of its first round of investment, digital company doopoll has announced that it has been valued at £1 million just one year after start-up.

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W2 Global Data (W2) over-subscribed in latest funding round as transactions reach 10 million per month milestone

W2 Global Data (W2) announced today that it has again been oversubscribed in its latest funding round and reached a significant milestone, by exceeding 10 million client screenings per month.

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Award-winning technical marketing agency Yard is poised for exciting future growth following six figure equity investment from Finance Wales

Founded in Cardiff in 2006, Yard specialises in web analytics, search engine optimisation (SEO) and content creation and marketing.

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Jellagen Pty Ltd completes a new £1.5 million equity investment

Jellagen Pty Ltd, a medical-technology company announces the completion of a further £1,533,000 equity investment led by Angels in Medcity/London Business Angels and Finance Wales with co-investment from xénos, the Wales Business Angel Network and other existing investors.

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Felinheli brand exports greeting cards to Hong Kong

A luxury paper goods brand based in Felinheli is now selling greeting cards in Hong Kong. Caryl Halstead (formerly Miss Bela Designs), re-branded and re-launched at the design led trade show ‘Top Drawer’ at the London Olympia, Kensington mid-January this year.

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Tech specialist Blurrt secures £500,000 funding from Seedrs crowdfunding stint

Social media content and analytics specialist, Blurrt, has closed its crowdfunding round on Seedrs after reaching its £500,000 target just 68 days after the campaign’s launch. The round includes a £200,000 investment from Finance Wales.

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Angela Gidden has designs on IoD Wales International Women’s Day Lunch

Celebrated designer Angela Gidden MBE will speak at this year’s annual IoD Women’s Day Lunch, which is sponsored by Finance Wales.

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Technology company Coreplace announces sale of Innovantage to US-based STG Group

Cardiff-based CorePlace Capital, part of entrepreneur Simon Powell’s portfolio, confirmed today the sale of its stake in Innovantage together with long-term investor Finance Wales to, Symphony Technology Group (STG,a private equity firm focused on transforming high potential companies into definitive market leaders.

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Growth forecast for Pinnacle Document Solutions Ltd with the purchase of Fast technology (London) Ltd

Pinnacle Document Solutions Ltd one of the UK’s leading Print and IT solutions providers is delighted to announce the acquisition of Fast Technology London Ltd.

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University of Sheffield spin-out company Stratium prepares for first product launch

A spin-out company from the University of Sheffield which specialises in quantum cascade laser technology has secured funding allowing it to launch its first product.

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