The funding was provided by the Development Bank of Wales to support the establishment of a new deli, café, and bakery in Southgate.
"I love food and I love this beautiful corner of Wales so the opportunity to open my own deli, café and bakery in Southgate is a dream come true. However, starting a hospitality business from scratch can be expensive so we needed funding to make it happen. The support from the Development Bank has made all the difference as I couldn’t have done it without them."
The equity round was led by Green Angel Ventures and the Development Bank of Wales.
"Current carbon fibre material formats are expensive, hard to form into shape and highly wasteful with poor recycling routes. It is more expensive than aluminium and has a much higher footprint CO2e than steel, yet more than 90% end up in landfill."
The Gwynedd wholesaler has raised debt financing from the Development Bank of Wales to transition its delivery fleet to electric power.
"We’ve grown over the years because we’ve always taken a long-term view of our business, and we’ve always tried to be sustainable. Not just because it’s good for the environment, but also because it can cut costs and allow us to pass those savings on to our customers."
The seed round was co-led by Fly Ventures and firstminute capital with participation from prominent angel investors.
"Current AI systems are great at generating code to complement a codebase, but they can’t reason about software as a complete system. Reasoning requires understanding and modelling the environment to ensure language models work reliably. We’re building something fundamentally different – an AI that understands not just how to write code, but how to turn the description of a user’s intent into reliable, production-ready solutions. Beyond the deep tech element to building such a system, we’re also reimagining how the right product experience should look like. In the private beta of our product CodeWords, we noticed how the users’ main role was shifting to more of a project manager or product owner."
Speedinvest led the equity portion of the financing alongside grant backing from Innovate UK.
"Critical to XR’s mass adoption is enabling users to interact with virtual images for as long as they like, without feeling nauseous, and to seamlessly shift focus between physical and virtual environments. Our technology, compatible with LCD, OLED, or any type of display, makes that possible. By projecting a digital image onto a user’s retina, keeps the image in focus regardless of how the eyes adjust to the surrounding world, completely eliminating any discomfort. After more than a decade of research, we’re now ready to take our technology to market, unleashing possibilities across automotive, medical, engineering industries, and more."
