The Wales Business Angel Network introduces private investors and business angels to companies seeking growth funding.
Portfolio
3
companies
Hudman
Hudman provides cloud-based accounting and enterprise resource planning software for small and medium-sized businesses.
Jellagen
Jellagen is a commercial manufacturer of jellyfish collagen for medical and research applications.
Laser Wire Solutions
Laser Wire Solutions manufactures laser-based wire-stripping products for high-value electrical systems.
David Maas
Manager
Nick Bradley
xénos manager
The Welsh business software developer has secured equity backing to launch new accounting and ERP packages.
"Hudman had developed a great product which needed further investment to exploit its full potential. I have a background in digital marketing and a great deal of business experience and Hudman offered me an excellent investment opportunity."
Finance Wales led the funding round, which includes backing from xénos and SWAIN angel networks.
"Alex and Andrew have come up with a novel approach to developing medical grade collagen which has significant potential in a range of applications, including improving bone grafts. They also have some exciting plans to develop an innovative range of products in future. Finance Wales is pleased to lead this investment round as it will now enable Jellagen to take some significant steps forward."
Finance Wales and xénos-syndicated angels back Laser Wire Solutions to commercialise its technology.
"LWS was supported under our High Potential Starts programme so it’s good news to hear it is reaching its potential and expanding. The investment package also highlights the range of support available in Wales to help companies grow, develop and commercialise new products and create jobs."