Led by lead investor Robert Williams, the syndicate of ten angels has invested £124,500 in Pelly Group Limited, a tech company set up to provide a cutting-edge platform for sports operations management. The investment has been part-matched with a further £124 ,500 from the Development Bank of Wales’ Angel Co-Fund. Private investment completed the round taking the total to £355,000.
Based at M-SParc, Pelly is the brainchild of co-founders Iwan Pritchard, Stephen Hickingbotham, and Tomos Owen, all under the age of 25. Through the M-SParc “Level-Up” accelerator programme, the Pelly team have been mentored by communications consultant Barbara Want, M-SParc Angel Shaun King, as well as receiving guidance from private investor Ian Brookes.
Pelly aims to transform sports operations by offering a platform for managing talent and streamlining decision-making. The platform combines artificial intelligence with an intuitive user interface to help sports organisations make data-driven decisions efficiently. Unlike competitors, Pelly’s technology is uniquely data-agnostic, enabling seamless integration of clubs’ internal and third-party data sources into actionable insights. This positions Pelly as the go-to tool for forward-thinking sports organisations aiming to stay ahead in a highly competitive industry.
Co-founder Iwan Pritchard said:
The Football Association of Wales launched their innovation centre in partnership with M-SParc in March 2024, and this investment reflects the sort of football innovation that the partnership aims to accelerate.
M-SParc’s Angel Network was established to back start-up and early-stage businesses in North Wales. The network is focused on mentorship and networks and to date they’ve supported over 14 businesses in the region to grow; however, this marks their first major investment.
Angel investor Robert Williams said:
Angel Invest Wales Operations Manager for the Development Bank of Wales Tom Preene added:
The £8 million Wales Co-Investment Fund provides Welsh businesses with a key source of alternative finance through the encouragement of more active angel investment. The five-year fund supports the creation of angel syndicates and networks across Wales by providing loans and equity up to £250,000 to investors looking for co-investment.
To learn more about the M-SParc Angels, contact Gwenllian.
tom@m-sparc.com
Tom used to work at the KFC in his hometown of Colwyn Bay before it mysteriously burned down. He then spent several years “on the lam” in East Germany, where he worked as an animator in Berlin. When the wall fell, Tom came home.
He enjoys climbing and hates ice-skating.