Clarendon Fund Managers

Founded in 2001, Clarendon Fund Managers is a venture capital firm based in Belfast, Ireland. It specializes in investing in small and medium enterprises across various sectors, with a focus on Northern Ireland-based companies offering manufacturing or tradable services. The firm typically invests between £20,000 and £250,000 initially, with the potential for follow-on finance. Clarendon aims to exit its investments within five to seven years.

Brian Cummings

Investment Director

Jim Curran

Investment Director

Stuart Gaffikin

Senior Investment Manager

Stuart Gaffikin

Investment Manager

Sian Mclaughlin

Investment Manager

Past deals in Ireland

RETìníZE

Venture Round in 2025
RETìníZE is an immersive media company that specializes in AR, VR, and multi-screen installations. Based in Belfast, United Kingdom, it operates an in-house studio offering end-to-end services from concept to delivery, integrating media production with software development to create interactive experiences for businesses. Founded in 2014, RETìníZE combines creative ideation with technical execution to produce customized immersive content across virtual and augmented reality platforms, enabling brands to engage audiences through compelling, multi-display experiences.

Cirdan

Venture Round in 2024
Cirdan Imaging Limited specializes in the design, development, manufacturing, and supply of medical imaging products and software aimed at enhancing diagnostic processes. The company offers a range of solutions, including ULTRA, a laboratory information system that facilitates access to patient information across clinical laboratories, as well as PathLite and PathLite Compact, which cater to gross imaging applications. Additionally, Cirdan provides VividPath PACS, a software platform for image acquisition and annotation. Their solutions cover various medical fields, including clinical pathology and microbiology. Cirdan's products are distributed through a network across Europe, Australia, Canada, North America, and the Middle East. Founded in May 2010 and headquartered in Lisburn, Northern Ireland, Cirdan has expanded its presence with offices in Canada and Australia. The company was previously known as Beechmount Enterprises Limited before rebranding in June 2010.

Neurovalens

Funding Round in 2024
Neurovalens is a UK-based company founded in 2013 that specializes in developing medical devices grounded in neuroscience, bioscience, and neurophysiology. The company's portfolio includes Stimu Slim and Modius, electronic headsets designed to address obesity through non-invasive neurostimulation. Neurovalens' technology focuses on transdermal activation of key brain regions to modulate autonomic function, circadian rhythms, and metabolic processes, offering healthcare providers drug-free treatment options for various health conditions. The company has received support from Invest NI under the European Union’s Investment for Growth and Jobs Programme to enhance its research and development activities.

Cirdan

Venture Round in 2023
Cirdan Imaging Limited specializes in the design, development, manufacturing, and supply of medical imaging products and software aimed at enhancing diagnostic processes. The company offers a range of solutions, including ULTRA, a laboratory information system that facilitates access to patient information across clinical laboratories, as well as PathLite and PathLite Compact, which cater to gross imaging applications. Additionally, Cirdan provides VividPath PACS, a software platform for image acquisition and annotation. Their solutions cover various medical fields, including clinical pathology and microbiology. Cirdan's products are distributed through a network across Europe, Australia, Canada, North America, and the Middle East. Founded in May 2010 and headquartered in Lisburn, Northern Ireland, Cirdan has expanded its presence with offices in Canada and Australia. The company was previously known as Beechmount Enterprises Limited before rebranding in June 2010.

Angoka

Seed Round in 2022
Angoka is an Internet of Things security company headquartered in Belfast with additional offices in London and The Hague. It develops technology that protects the identity of connected devices and secures machine‑to‑machine communications, ensuring data integrity and provenance across smart city infrastructure, autonomous vehicles, industrial systems, and other IoT deployments. The company’s solutions reduce the risk of cyber‑attacks on critical networks and support secure information exchange in untrusted environments. Angoka has been recognized by national security bodies and innovation programs, and it has secured multiple research and development projects focused on quantum communications and drone security.

RETìníZE

Seed Round in 2022
RETìníZE is an immersive media company that specializes in AR, VR, and multi-screen installations. Based in Belfast, United Kingdom, it operates an in-house studio offering end-to-end services from concept to delivery, integrating media production with software development to create interactive experiences for businesses. Founded in 2014, RETìníZE combines creative ideation with technical execution to produce customized immersive content across virtual and augmented reality platforms, enabling brands to engage audiences through compelling, multi-display experiences.

B-Secur

Venture Round in 2020
Founded in Belfast, UK, B-Secur specializes in ECG biometric technology for secure device access. It offers HeartKey®, a suite of advanced algorithms for user identification, wellness monitoring, and health analytics. With over 50 years of combined hardware and material science expertise, B-Secur helps partners reduce development costs while integrating its world-class ECG technology.

Neurovalens

Venture Round in 2020
Neurovalens is a UK-based company founded in 2013 that specializes in developing medical devices grounded in neuroscience, bioscience, and neurophysiology. The company's portfolio includes Stimu Slim and Modius, electronic headsets designed to address obesity through non-invasive neurostimulation. Neurovalens' technology focuses on transdermal activation of key brain regions to modulate autonomic function, circadian rhythms, and metabolic processes, offering healthcare providers drug-free treatment options for various health conditions. The company has received support from Invest NI under the European Union’s Investment for Growth and Jobs Programme to enhance its research and development activities.

BrainWaveBank

Seed Round in 2020
BrainWaveBank, established in 2015, is a UK-based brain health research company. It specializes in developing data-centric solutions to track and understand cognitive health. The company's flagship product, also named BrainWaveBank, is a wearable EEG headset that measures brain activity while users engage in mobile games, enabling daily tracking of cognitive health at home. This data is securely stored and analyzed, creating neurocognitive profiles for individuals and populations, and aiding clinical professionals in advancing brain health research and treatments. The company has offices in Belfast, Northern Ireland, and Dublin, Ireland.

BrainWaveBank

Venture Round in 2020
BrainWaveBank, established in 2015, is a UK-based brain health research company. It specializes in developing data-centric solutions to track and understand cognitive health. The company's flagship product, also named BrainWaveBank, is a wearable EEG headset that measures brain activity while users engage in mobile games, enabling daily tracking of cognitive health at home. This data is securely stored and analyzed, creating neurocognitive profiles for individuals and populations, and aiding clinical professionals in advancing brain health research and treatments. The company has offices in Belfast, Northern Ireland, and Dublin, Ireland.

See.Sense

Seed Round in 2019
See.Sense designs innovative bike lights and sensors that enhance rider safety and collect valuable data. Used by over 50,000 cyclists globally, their products are official suppliers to British Cycling and Cycling Ireland. The unique data gathered is utilized by smart cities worldwide to improve cycling infrastructure and mobility.

BrainWaveBank

Seed Round in 2019
BrainWaveBank, established in 2015, is a UK-based brain health research company. It specializes in developing data-centric solutions to track and understand cognitive health. The company's flagship product, also named BrainWaveBank, is a wearable EEG headset that measures brain activity while users engage in mobile games, enabling daily tracking of cognitive health at home. This data is securely stored and analyzed, creating neurocognitive profiles for individuals and populations, and aiding clinical professionals in advancing brain health research and treatments. The company has offices in Belfast, Northern Ireland, and Dublin, Ireland.

MakeMatic

Seed Round in 2019
MakeMatic Limited specializes in creating and licensing bite-sized educational content tailored for educators and families. Founded in 2015 and based in Derry-Londonderry, United Kingdom, the company develops short video lessons accompanied by practical activities to enhance teaching about various topics. Its offerings include courses on technology integration in classrooms, raising awareness of global trends, and sharing effective teaching strategies. MakeMatic collaborates with a diverse range of clients, including educational communities, media organizations, international school chains, corporate social responsibility initiatives, and government bodies. Through its focus on video production and animation, the company aims to foster creativity and innovation skills, providing an impactful learning experience for users worldwide.

Orca Money

Equity Crowdfunding in 2018
Orca Money Limited, established in 2015 and headquartered in Belfast, UK, operates an online platform that compares and aggregates peer-to-peer (P2P) lending opportunities. The company connects investors with various businesses, property developers, and individuals seeking loans, offering a range of investment options such as secured and unsecured loans, commercial and residential mortgages, and renewable energy projects. By aggregating these opportunities, Orca Money helps investors make informed decisions, access competitive interest rates, and diversify their investment portfolios.

See.Sense

Seed Round in 2018
See.Sense designs innovative bike lights and sensors that enhance rider safety and collect valuable data. Used by over 50,000 cyclists globally, their products are official suppliers to British Cycling and Cycling Ireland. The unique data gathered is utilized by smart cities worldwide to improve cycling infrastructure and mobility.

Kraydel

Seed Round in 2018
Kraydel Limited is a company focused on developing applications and healthcare devices aimed at monitoring the activities and needs of elderly individuals in their homes. Founded in 2016 and headquartered in Belfast, United Kingdom, Kraydel offers products such as Kraydel Insight, which tracks daily routines and provides timely alerts; Kraydel Assist, an intuitive TV interface for medication reminders and video calls; and Kraydel Protect, an intelligent wristband that detects falls and seizures while monitoring vital signs. The company addresses issues of social isolation and promotes independence, combining social connectivity with comprehensive remote monitoring through a wide range of IoT health and environmental sensors. This integration aims to enhance the well-being of users while providing peace of mind to their families and caregivers.

BrainWaveBank

Seed Round in 2017
BrainWaveBank, established in 2015, is a UK-based brain health research company. It specializes in developing data-centric solutions to track and understand cognitive health. The company's flagship product, also named BrainWaveBank, is a wearable EEG headset that measures brain activity while users engage in mobile games, enabling daily tracking of cognitive health at home. This data is securely stored and analyzed, creating neurocognitive profiles for individuals and populations, and aiding clinical professionals in advancing brain health research and treatments. The company has offices in Belfast, Northern Ireland, and Dublin, Ireland.

Komodo Learning

Angel Round in 2015
Komodo Learning Ltd. is a Belfast-based company that specializes in developing an online mathematics application designed for children. Founded in 2013, the company offers its flagship product, Komodo, which enables kids to practice math through engaging, short lessons accessible on tablets and computers. The platform emphasizes a balanced approach to learning by encouraging children to spend limited time on screen before engaging in physical play, addressing concerns related to health and obesity among younger generations. Additionally, Komodo Learning empowers parents by incorporating systems that allow them to reward and motivate their children, recognizing the crucial role parents play in their children's educational success. The application aims to create a fun and adaptive learning environment that fits seamlessly into daily routines.

GoReport

Seed Round in 2015
GoReport, established in 2011 and based in Belfast, UK, specializes in streamlining property surveys through its innovative platform. The company offers tailored solutions for various survey types across the entire property sector, enabling surveyors to capture relevant data swiftly on an iPad using a combination of standard phrases, voice-to-text automation, and pick lists. This efficiency reduces time spent on surveys and report generation, benefiting businesses by maximizing productivity and expediting access to branded reports.

Autism Biotech

Non Equity Assistance in 2014
Autism Biotech is a company focused on developing a biochemical test for the early and reliable diagnosis of autism spectrum disorder. Its primary product, ASDtect, utilizes patented peptide biomarkers to detect autism from a simple blood sample. This innovative approach aims to address a significant and underserved market by facilitating timely intervention for those affected by autism. Currently headquartered in Belfast, Northern Ireland, Autism Biotech is in the process of conducting trials to validate its diagnostic test, with plans to make ASDtect available in the near future. By enabling healthcare professionals to identify autism earlier, the company seeks to improve treatment options and outcomes for patients.

Kelsius

Venture Round in 2012
Kelsius is a provider of automation technology focused on product safety and compliance for the food services and healthcare sectors. Established in 2003 and headquartered in Donegal, Ireland, the company specializes in wireless temperature monitoring systems and digital HACCP management solutions. Kelsius's technology enhances product safety and ensures adherence to regulatory standards while also optimizing costs related to these processes. By reducing product wastage linked to refrigeration failures and improving food quality, Kelsius empowers its clients to achieve significant cost savings and labor efficiencies through automation.

PathXL

Venture Round in 2012
PathXL is a Northern Ireland-based company specializing in digital pathology image analysis, workflow software, and educational tools. The company develops software solutions aimed at enhancing image analysis and workflow management for the pathology field. Its technology is particularly beneficial for research and educational applications within the pathology and biopharma markets. By improving the quality of diagnoses and facilitating the review and sharing of extensive clinical data, PathXL's offerings support pathologists in their critical role in diagnosing and treating various diseases, including cancer. Through its innovative tools, the company contributes to better patient outcomes and the advancement of new therapies.

QuizFortune

Seed Round in 2012
QuizFortune Limited is a gaming company based in Belfast, United Kingdom, founded in 2008. It operates a trivia platform that offers a wide range of game categories, including film, television, geography, history, literature, sports, and more. The platform is designed for mobile and social applications, enabling real-time creation and regeneration of engaging digital content. QuizFortune's games provide users with an immersive experience, allowing them to challenge friends in private multiplayer "QuizRooms" on topics of interest. The platform is closely integrated with social networks and facilitates brand interaction through gamified content, which is updated to reflect trending subjects. QuizFortune aims to enhance user engagement with fun, shareable trivia games while also exploring various monetization strategies.

Lagan Technologies

Series B in 2006
Lagan Technologies Ltd. specializes in designing and delivering enterprise case management solutions tailored for government agencies primarily in North America and Europe. The company offers a range of products, including Enterprise Case Management software for government organizations, Lagan 311 for 311 call centers, Lagan Human Services for human services agencies, and a specialized solution for managing Department of Motor Vehicles processes. In addition to its software products, Lagan Technologies provides comprehensive services such as project management, consultancy, installation, testing, integration, education, training, skills transfer, support, and maintenance. Established in 1994 and headquartered in Belfast, United Kingdom, the company also maintains offices in London, Chicago, and Washington, D.C., serving various advocates and councils both in the UK and internationally.
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