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12th June 2020

Development Bank of Wales invests £2.4 million in ten tech companies in 10 weeks

Ten technology rich early stage businesses in Wales are a step closer to developing their innovative products and services having secured equity investment from the Development Bank of Wales.

£2.4 million has been secured by ten companies in just ten weeks since the UK went into lockdown. Those to benefit include £625,000 for Flintshire based Reacta Biotech to further develop their diagnostic tool for food allergies. 

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