Formed in 2010, Deepbridge was founded with the aim of building an investment team that could redefine the growth capital market.
Andrew Aldridge, Head of Marketing at Deepbridge Capital chats to Business News Wales about the company’s relationship with startup businesses.
Andrew said:
“We utilise the Enterprise Investment Scheme, which is a Government scheme to raise funds from private investors and they we invest in early stage technology and life sciences companies. What we’re really looking for is companies that are looking for considerable growth over the short to medium term and are looking at being disruptive.”
Andrew goes on to say that: “Across the UK, [Deepbridge] are renowned as being a great place to start and scale a business, and Wales is no different from the rest of the UK.” He describes how there is no funding required for any early stage business.
Deepbridge believe that early stage funding is critically important. Andrew says:
“We’re very lucky in the UK that we have some great access to funding. And again, Wales is no different, Development Bank of Wales is hugely supportive of these businesses and number of venture capital firms such as ourselves working in the area. But internationally, we are renowned in the UK for being a great place to start and scale a business.”
Deepbridge promote a culture of professional excellence and integrity. The team at Deepbridge strongly encourage their investee companies to achieve the highest standards of corporate governance.
But what type of companies do Deepbridge invest in? According to their website:
“Deepbridge only invests in sectors in which our team has experience. By understanding where, how and why our investee companies operate, we have a better understanding of how to support, mentor and manage those businesses.
From seed stage, through commercialisation and growth funding, Deepbridge aims to work with investee companies throughout their funding journey in order to ensure that they have the very best opportunity to succeed and ultimately aim to provide our investors with an optimum return.”
We’re excited to see how the investments from Deepbridge will greater improve the technology and life sciences sector!
