The Cardiff Capital Region (CCR) has made a £2m equity investment into Ebbw Vale-based digital manufacturing start-up Apex Additive Technologies.
The investment has been made from the region’s £1.3bn City Deal - although not from its recently launched £50m equity fund which is run by professional advisory firm PwC in partnership with fund manager Capricorn. The fund has yet to make its maiden investment. The CCR is made up of the 1O local authorities of south east Wales.
The CCR said the investment into Apex was made ahead of its Innovation Investment Capital fund.
