The Development Bank of Wales provides equity and loan financing to support business growth and technological innovation across Wales.
The funding comes from the Development Bank of Wales and Wesley Clover to support product development and sales expansion.
"As a legal technology business, we offer compliance management software that allows regulated businesses to save time and reduce costs with end-to-end compliance requirements."
The financing will support ongoing resort development and the construction of a new solar farm.
"We're working hard to create a more sustainable future for Pembrokeshire while reducing our carbon emissions."
The funding will support the addition of luxury lodges and facility improvements at Pennant Holiday Park.
"There is strong demand for high-end lodges in North Wales and from day one, we saw the potential that Pennant has to become a five-star destination resort. The funding from the Development Bank means that we’ve got the capital to invest in the park and set the standard for luxury lodges and holiday homes in this area while also creating jobs for local people. We’re focused on developing Pennant into an outstanding destination resort and golf course in North Wales over the coming five years."
The Development Bank of Wales backed the round to help scale open banking tools addressing financial vulnerability.
"We understand the financially vulnerable like no one else. We have engaged with regulators, lenders, and borrowers to create a platform that meets the needs of this under-served eco-system. Using our technology, we are proud of what we have delivered and how consumers are benefiting from it"
The Chester-based cycle insurer has secured £3.4m in a round led by Puma Private Equity to scale customer acquisition and European growth.
"We’re stoked to close this round and onboard Puma Private Equity as we accelerate growth in the UK and Europe, the next big step in our mission to protect the world’s riders. Working with a company aligned with our values combined with their depth of experience in international growth across a wide range of technology-enabled sectors is a perfect match for Bikmo."
