4th Level Ventures

4th Level Ventures is a Dublin-based venture capital fund managed by Dolmen Securities, established in 2002. The firm specializes in investing in seed and early-stage companies that derive their intellectual property from research conducted at third-level educational institutions. It adopts a sector-neutral approach and aims to commercialize business opportunities that emerge from university research. The firm collaborates closely with university commercialization teams and engages with academics at early stages to assist in evaluating propositions and making informed commercial decisions. 4th Level Ventures focuses on building partnerships between business leaders, investors, and universities, leveraging their expertise to foster innovation and growth. The firm typically seeks to hold a board seat in its portfolio companies and prefers to exit its investments within a timeframe of five to seven years.

Luis Duran

Investment Manager

Dennis Jennings

Founder

Drew O'Sullivan

Investment Manager

Ronan Reid

MD

17 past transactions

Spoiled Milk Limited

Series A in 2005
Selatra is mobile gaming specialist, providing content, download platforms and storefronts worldwide. Founded in 2002 by a group of Telecommunications’ industry professionals who have developed purpose-built technology to manage mobile device recognition, optimized storefronts, and the licensing and distribution of quality games. As a partner, we offer publishers a direct link to Network Operators and the biggest digital content retailers who use Selatra to power their services. We currently distribute more than 200 publishers of Android and Java-based applications in 55 countries via our platform, On-Device-Portals and storefronts. Specialties: Games and Apps for JAVA, Android, Windows Mobile, Symbian, Blackbery, Fully Managed Services, Download Platform, Deck Management, Web & WAP Portal Development, Cloud-Based Gaming Solutions

BeoCare Group

Venture Round in 2016
Beocare is a manufacturer of innovative medical textile product solutions. It was established to exploit specific niches in the area of engineered textiles particularly in the healthcare industry. Examples of such products are compression hosiery for thrombosis, leg movement restraints for post operative hip replacements and fixation pants for incontinence sufferers. Due to the fact that such products are lightly regulated, new product development and time to market are relatively fast compared to more highly regulated invasive medical devices.

EMF Ltd.

Venture Round in 2005
EMF was established to develop, manufacture and market technologically advanced equipment called Metal Organic Chemical Vapour Deposition (MOCVD) machines. MOCVD machines are used to deposit very thin layers of chemicals on wafer substrates, which are then used to make high brightness LEDs and other devices such as solar cells, laser diodes, VCSEL lasers and other photonic devices. Some of these technologies are used in traffic signals and mobile phone back-lighting. EMF has developed proprietary technology which represents a major advance in MOCVD manufacturing technology which allows manufacturers to significantly increase their yield of wafers.

IdentiGEN

Venture Round in 2005
IdentiGEN is a leading provider of DNA-based solutions to the agri-food industry with operations in Ireland, UK, EU, USA and Canada. They are applying their core expertise in genetic identification to develop and market a range of solutions designed to improve the quality, integrity and safety of the global food supply.

Pixalert

Venture Round in 2005
PixAlert has been protecting corporate reputation and brand integrity of financial, healthcare, pharma and public sector organisations since 1999 Risk & Governance Solutionsthrough its innovative and advanced portfolio of critical data and image detection and protection software solutions. PixAlert deploy world-class scalable information audit solutions, tailored to suit specific client requirements. They work closely with their clients to understand their business challenges and provide the optimum information content security solution. The company currently has a client base of over 200 companies covering EMEA, AsiaPAC and the US territories. PixAlert is based in Dublin, Ireland and has sales offices in the UK, US, Australia and New Zealand. PixAlert helps organisations discover where sensitive data and inappropriate images reside across networks, protecting enterprise networks and safeguarding brand integrity and reputation through its market leading data discovery and illicit image detection and security products.

Celtic Catalysts

Venture Round in 2004
Celtic Catalysts is a new venture established in the area of chemical discovery, which has set itself the goal of "discovering, developing, patenting and profiting from chemical catalysts and processes of significant commercial potential to the Fine Chemical, Agrochemical and Pharmaceutical Industries". Celtic Catalysts' focus is on a niche area known as chiral (pron. ky-ral) chemistry. This field of research has already generated exciting new developments which have enabled the production of pharmaceutical products of enhanced therapeutic activity whilst at the same time allowing innovator companies to extend product lifecycles and thus stave off generic competition.

Powervation

Series B in 2009
Powervation provides a new class of Auto-control digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, Storage and other applications. In a simple yet revolutionary Plug-and-Power package, our unique technology delivers a reliable, scalable solution that reduces design complexity and cost, and accelerates time-to-market of eco power-smart systems.

Powervation

Seed Round in 2006
Powervation provides a new class of Auto-control digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, Storage and other applications. In a simple yet revolutionary Plug-and-Power package, our unique technology delivers a reliable, scalable solution that reduces design complexity and cost, and accelerates time-to-market of eco power-smart systems.

Allegro Technologies

Series A in 2003
Allegro Technologies Ltd., trading as Deerac Fluidics Limited, develops microdispensing technologies for the liquid handling market within the laboratory instrumentation sector for applications in drug discovery, genomics, proteomics, diagnostics, and biotechnology. It was founded in 2000 and is based in Dublin, Ireland. As of February 3, 2008, Deerac Fluidics Limited operates as a subsidiary of Labcyte Inc.

Powervation

Series B in 2009
Powervation provides a new class of Auto-control digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, Storage and other applications. In a simple yet revolutionary Plug-and-Power package, our unique technology delivers a reliable, scalable solution that reduces design complexity and cost, and accelerates time-to-market of eco power-smart systems.

PXIT

Venture Round in 2004
PXIT, Inc. develops and manufactures test and measurement systems, primarily for use in high-speed data communications. It also offers signal integrity testing solutions for broadband electro-optical signals. The company’s products include digital communications analyser, bit error rate tester, pattern generator, and synthesizer. It offers its products to telecommunications, data communications, and lighting markets.

Powervation

Debt Financing in 2014
Powervation provides a new class of Auto-control digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, Storage and other applications. In a simple yet revolutionary Plug-and-Power package, our unique technology delivers a reliable, scalable solution that reduces design complexity and cost, and accelerates time-to-market of eco power-smart systems.

Digisoft.tv

Venture Round in 2005
Digisoft.tv Limited provides all the elements required to deploy, control and support successful Interactive TV applications. DigiHost is a head-end application management system providing for all management and customisation requirements whether the broadcaster develops applications using authoring tools or third party application developers, or chooses to deploy Digisoft's iTV applications.

Nualight

Venture Round in 2005
Nualight is the only company in the world that focuses exclusively on illuminating refrigerated displays for global food retail. There Vantium product series is revolutionising food retail, reducing energy consumption in refrigerated displays by more than 60% and driving sales with better, brighter merchandising. Through pioneering technology and a deep understanding of how lighting translates into retail gain, Nualight is now the partner of choice for leading food retailers throughout the world.

Redmere Technology

Series A in 2006
RedMere develops active cable semiconductor solutions. The company offers EyeWire, a low power signal conditioning active chip technology, which is embedded within the cable to create smart HDMI active cables for consumer multimedia, gaming, home theater, mobile phone, digital video cameras or digital video still cameras, and PC markets; and VerifEye, an active cable manufacturing test platform that enables the rapid testing of active cable solutions based on EyeWire chip technology. RedMere was founded in 2004 and is headquartered in Balbriggan, Ireland.

Technology From Ideas

Venture Round in 2008
Technology from Ideas Ltd., a seed investment and commercialization company, specializes in conducting proof of concept development on early stage, technology based ideas submitted by academic researchers. The company offers support in the areas of technology search and development, IP identification and protection, contract research and development, and getting value from non-core IP assets. It serves businesses and research groups in Ireland. The company was founded in 2005 and is based in Dublin, Ireland.

Technology From Ideas

Venture Round in 2006
Technology from Ideas Ltd., a seed investment and commercialization company, specializes in conducting proof of concept development on early stage, technology based ideas submitted by academic researchers. The company offers support in the areas of technology search and development, IP identification and protection, contract research and development, and getting value from non-core IP assets. It serves businesses and research groups in Ireland. The company was founded in 2005 and is based in Dublin, Ireland.