Life sciences and biotech investors in Wales
Wales, led by Cardiff and Swansea, has a distinct investor base including government-backed funds alongside angel networks and university spinouts. Life sciences companies tend to raise fewer but larger rounds, often backed by university venture arms, specialist funds and Innovate UK grants. Many show a long gap between first funding and later rounds. 35 investor-backed life sciences and biotech companies in Wales are in Pulse, and 0 raised a first funding round in the last year.
- Investor-backed companies
- 35
- Active investors, 2 years
- 169
- Rounds, 2 years
- 35
- Median round
- £596k
Who is investing
In the last two years 42 funds, firms and family offices and 127 angels took shares in life sciences and biotech companies in Wales, with the latest round in Sep 2026. These are the firms backing the most of these companies:
| Firm | Type | Companies |
|---|---|---|
| DBW Investments (3) Limited | Fund or investment firm | 12 companies |
| SFC Capital | Fund or investment firm | 5 companies |
| University College Cardiff Consultants Limited | University | 3 companies |
| SyndicateRoom | Fund or investment firm | 2 companies |
| University of Bristol | University | 2 companies |
| 3kings Holdings Limited | Holding company (possible family office) | 1 company |
| A J Investments (Cardiff) Limited | Fund or investment firm | 1 company |
| AI Mal Capital PSC | Fund or investment firm | 1 company |
See all 169 active investors, including angels, with what they've backed, estimated cheque sizes and who they invest alongside.
Rounds and valuations
Over the last two years, 35 funding rounds were raised by life sciences and biotech companies in Wales, an estimated £127.2m, with a median round of about £596k. 31% of these valuations carry a High confidence rating.
How Wales compares
Wales has 3% of the UK's life sciences and biotech sector's 1,251 investor-backed companies. The median round of £596k is above the £368k median for the UK's life sciences and biotech sector, and above the UK-wide £176k. By stage, 15 are at venture stage, 7 are at seed, 2 are growth. The most active firm in these companies is DBW Investments (3) Limited, in 12 companies.
Questions
How many investors back life sciences and biotech companies in Wales?
Pulse found 169 outside investors taking shares in life sciences and biotech companies in Wales in the last two years: 42 funds, firms and family offices, and 127 angels.
How much do life sciences and biotech companies in Wales raise?
Over the last two years 35 rounds were raised, an estimated £127.2m in total. The median round was about £596k.
How accurate are the amounts?
They are Pulse estimates, each with a confidence rating. 31% of recent valuations here carry a High confidence rating; the rest are marked Medium or Low.
Can I see every investor?
Pulse subscribers see every outside investor by name, with portfolios and co-investors, from £39.99 a month plus VAT (£47.99 inc. VAT). Contact details are not included and names are not linked to personal profiles.