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21st November 2018

Drone Evolution secures £180k from Wales Angel Co-investment Fund

The Development Bank of Wales’ latest fund, the Wales Angel Co-investment Fund, will provide its first £90,000 of match funding to a syndicate of five business angels investing in Drone Evolution.

Lead investor, Andrew Diplock is former MD of UES Energy, a company formed in Caerphilly which he grew to a successful exit in late 2015. Andrew invests solely in Welsh rooted businesses and is also a member of the Welsh Government’s Valleys Taskforce in addition to being a Governor at Coleg y Cymoedd.

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