Western Development Commission

The Western Development Commission (WDC) is a government institution established in 1997, based in Ballaghaderreen, Ireland, dedicated to promoting economic and social development in the western counties of Galway, Clare, Mayo, Roscommon, Donegal, Leitrim, and Sligo. The WDC focuses on creating employment opportunities, analyzing demographic trends, and addressing social exclusion. It supports infrastructure development, particularly in telecommunication, public transport, and renewable energy sectors in rural areas. Additionally, the commission aids in business development across various sectors, including rural tourism, marine, technology, and organic agriculture, while also investing in cleantech, creative industries, food and natural resources, and med-tech. Through these initiatives, the WDC aims to foster sustainable growth and enhance the quality of life in the region.

Helen McHenry

Policy Analyst

Allan Mulrooney

Interim CEO

26 past transactions

Ovagen

Venture Round in 2023
Ovagen is a biotechnology company that has developed the process of producing germ free (GF) chicken eggs and GF birds in commercial quantities for use primarily in the pharmaceutical industry. Ovagen can also provide a Contract Research Service and has extensive expertise in SPF poultry & rodent housing & husbandry, in specific poultry & rodent research technologies to GMP standards and in avian transgenics.

Versono Medical

Venture Round in 2022
Versono Medical is an early stage Irish MedTech company located in Galway, a global centre for excellence in medical technologies. The company collaborates with clinicians and research institutions across the world.

Tympany Medical

Seed Round in 2021
Tympany Medical focuses on advancing minimally invasive ear surgeries through innovative technology. The company has developed a specialized ear surgery device that provides a sterile endoscopic solution for complex procedures in otolaryngology. This device addresses key challenges related to the usability and flexibility of traditional endoscopes, allowing surgeons to benefit from enhanced visualization while preserving their two-handed operating techniques. By reducing the necessity for mastoidectomies, Tympany Medical aims to improve surgical outcomes and streamline the process of ear surgeries, ultimately enhancing patient care in the field of ENT.

Locker

Pre Seed Round in 2021
Locker is a digital sports content platform that transforms how fans engage with sports media through personalization. By leveraging advanced machine learning and trusted content aggregation, Locker enables users to curate a unique media experience tailored to their interests. The platform allows fans to select from a wide array of media brands and topics, ensuring they receive relevant stories and updates about their favorite teams. Additionally, Locker enhances user engagement by providing personalized betting suggestions based on individual consumption patterns, effectively bridging the gap between sports media and betting. This comprehensive approach keeps fans informed and connected to the sports they love.

Palliare

Series A in 2021
Developer of a medical system designed to advance smoke evacuation and insufflation technologies for laparoscopic, endoluminal, endoscopic, colorectal, and robotic surgery. The company's system maintains a smooth surgical workflow that seamlessly integrates with existing systems and products and protects the operating room staff from potential hazards of surgical smoke and aerosolized viruses, enabling hospitals to develop an optimal solution for smoke evacuation and insufflation.

Peroptyx

Seed Round in 2021
Peroptyx is a platform that provides managed solutions for machine learning. At Peroptyx, they have assembled and pre-screened a qualified network of data evaluators across the globe. They strategically match ideal evaluators with each product to ensure authentic experiences through consistency and appropriate real-world contexts.

Innovo

Venture Round in 2021
Atlantic Therapeutics is a medical technology company that develops pelvic floor muscle strengthening and nerve stimulation products. The company's devices focus on the treatment of all types of incontinence, sexual health dysfunctions, and other associated disorders by strengthening muscles and modulating nerves of the pelvic floor, enabling bladder patients to treat their conditions associated with pelvic floor weakness. Its products are backed by strong clinical evidence and subjected to controlled trials. It was established in Galway, Galway in 2013.

Venari Medical

Seed Round in 2020
Venari Medical Limited, founded in 2018 and based in Galway, Ireland, develops innovative medical devices aimed at treating chronic venous diseases (CVD). The company's flagship product, BioVena, employs the body's natural healing processes to provide a more effective and less invasive treatment option for conditions such as varicose veins and venous ulcers. Venari Medical seeks to address the significant gap in treatment, as only a small fraction of the 120 million individuals suffering from venous disease in the US and EU receive adequate care. Their technology not only offers a safer alternative to existing methods but also targets the underserved population of venous ulcer patients who currently rely on ineffective compression bandaging. By widening the indications for superficial venous ablation, Venari Medical aims to reduce the annual costs associated with venous ulcers, which total approximately $33 billion for insurers in these regions. The company's commitment to patient-centered solutions positions it to disrupt traditional treatment practices that have seen limited innovation in recent years.

Fincovi

Seed Round in 2020
Fincovi provides renewable energy companies with specialised software applications and hosted solutions, coupled with an open and connected ecosystem to improve financial management, compliance and insights to maximize portfolio value.

Cerebreon

Seed Round in 2020
Cerebreon Technologies Ltd., founded in 2016 and headquartered in Portnoo, Ireland, develops software products specifically for the insolvency market. The company focuses on advanced data analytics, business management systems, and process automation. It offers bespoke software solutions and expert consultancy services, aiming to make high-end analytics accessible to businesses of all sizes and sectors. Through its innovative approach, Cerebreon Technologies supports enterprises in enhancing their operational efficiency and decision-making processes.

Grow Remote

Grant in 2020
A community project bridging the disconnect between remote work and local impact in rural area.

AtriAN Medical

Seed Round in 2019
AtriAN Medical, based in Galway, Ireland, is a medical device company that focuses on treating atrial fibrillation through innovative technology developed at the Mayo Clinic. The company utilizes a technique called micro Pulsed Electric Fields (mPEF) to selectively ablate hyperactive tissues while preserving the surrounding myocardium. By employing a catheter to deliver short pulses of electrical energy, AtriAN's device targets the origin of the condition externally, minimizing damage to the heart muscle. This approach allows physicians to provide effective treatment options for patients suffering from atrial fibrillation without the risks associated with traditional methods.

Bluedrop Medical

Seed Round in 2019
Bluedrop Medical Limited, founded in 2014 and based in Galway, Ireland, develops and commercializes an Internet of Things-enabled device that facilitates early detection of diabetic foot ulcers. The device conducts daily scans of patients' feet and transmits the data to the cloud for analysis using advanced algorithms. This technology is designed to identify skin abnormalities early, thereby reducing the risk of amputation, a serious complication faced by many diabetics due to peripheral neuropathy. With an estimated 25% of diabetics likely to develop foot ulcers, the company's innovation addresses a critical healthcare need and aims to improve patient outcomes while potentially lowering healthcare costs associated with diabetes-related amputations.

Loci Orthopaedics

Seed Round in 2018
Loci Orthopaedics Limited is a medical technology company based in Upper Newcastle, Ireland, focused on developing innovative solutions for orthopedic care. Established in 2017, the company specializes in the InDx implant, which is designed to treat arthritis in the thumb base joint. This implant uniquely mimics the natural motions of the thumb joint, providing a less invasive and easier insertion method compared to existing surgical options. Loci Orthopaedics also emphasizes evidence-based designs in its products, aiming to address significant unmet clinical needs in orthopedic extremities.

Neurent Medical

Seed Round in 2018
Neurent Medical Limited is a medical device company based in Galway, Ireland, specializing in the development of innovative treatments for rhinitis. Founded in 2015, the company has created a single-use, minimally invasive device designed for ENT surgeons to address both allergic and non-allergic rhinitis. This hand-held, radio-frequency device is introduced through the nostrils into the nasal cavity under direct endoscopic visualization. It employs a microelectrode array to deliver targeted energy, interrupting the autonomic function of the mucosal structures in the nasal cavities. This approach helps reverse the inflammatory cascade, allowing for effective treatment in an office setting while minimizing the complications and costs commonly associated with traditional surgical procedures.

Kite Medical

Seed Round in 2018
Kite Medical Ltd. is a Galway, Ireland-based company that specializes in developing a non-invasive device for detecting kidney reflux in children with urinary tract infections. Founded in 2016, the company focuses on providing a diagnostic solution that eliminates the need for complicated procedures and hospital visits. Kidney reflux, the most common urological disorder in childhood, affects up to three percent of young children, particularly those aged six months to five years. If left undiagnosed and untreated, the condition can lead to serious complications, including permanent kidney damage and kidney failure. Kite Medical's innovative technology aims to enhance the patient experience and improve clinical outcomes by enabling early detection and monitoring of kidney reflux in a safe and efficient manner.

Neuravi

Series B in 2015
Neuravi Limited is a medical device company based in Galway, Ireland, focused on developing clot retrieval devices to restore blood flow in patients who have experienced ischemic strokes caused by arterial blockages in the brain. The company offers the EmboTrap revascularization devices, which are designed for the treatment of acute ischemic strokes and are available in several European countries, including Belgium, Denmark, France, Germany, and Spain. Founded in 2009, Neuravi operates in the emerging neurointerventional device market and collaborates with researchers and clinicians to advance treatment solutions for this serious condition. As of April 2017, Neuravi is a subsidiary of DePuy Ireland Unlimited Company.

Embo Medical

Seed Round in 2014
Embo Medical, based at the National University of Ireland, specializes in the development of innovative medical devices for vascular embolization. Its flagship product, known as the Caterpillar, is designed to improve the efficiency of embolization procedures by allowing for superior and shorter procedural times. This device is intended for use in the peripheral vascular embolization market, which sees approximately 180,000 procedures conducted annually worldwide. Embo Medical aims to enhance the safety and cost-effectiveness of these important medical interventions, positioning itself as a key player in the field.

Good4U

Venture Round in 2014
The Good4U story began in 2004 with the seeds of a great idea! Bernie and her daughter Michelle, a certified dietitian and nutritionist, were introduced to the sprouting phenomena and one very special ‘Super Sprouts’ mix containing a special mix of brocco sprouts and super shoots was created.

Syncrophi

Seed Round in 2013
SyncroPhi Systems Ltd. is a medical device company located in Galway, Ireland, specializing in the development and commercialization of advanced wireless patient-monitoring systems. The company focuses on providing innovative solutions for healthcare professionals in front-line settings, with its flagship product, KEWS300, delivering accurate point-of-care information. SyncroPhi's medical devices enhance patient care by offering real-time tracking, improving patient flow, and facilitating hospital research. Committed to quality, the company operates under an ISO 13485:2003 certified Quality Management System and ensures that all products comply with the EC Directive 93/42/EC. Founded in 2007, SyncroPhi Systems aims to support best medical practices within the European Union.

Kelsius

Venture Round in 2012
Kelsius is a provider of automation technology focused on product safety and compliance within the food services and healthcare sectors. Founded in 2003 and headquartered in Donegal, Ireland, the company specializes in wireless temperature monitoring systems and a digital HACCP Management system. These technologies enhance product safety, ensure adherence to regulatory standards, and help optimize related costs. By reducing product wastage due to refrigerator malfunctions and improving food quality, Kelsius empowers clients to manage food safety more effectively through automated processes, ultimately leading to significant cost savings and increased labor efficiency.

Marvao Medical

Venture Round in 2011
Marvao Medical Devices, Ltd., founded in 2006 and based in Galway, Ireland, specializes in the development, manufacturing, and marketing of medical devices aimed at reducing the risk of catheter-related bloodstream infections. The company’s flagship product features NexSite technology, which enhances healing at the exit sites of central venous catheters. This technology creates a natural barrier at the catheter exit site, thereby improving patient outcomes for those requiring long-term vascular access. Through its innovative approach, Marvao Medical addresses critical healthcare needs in the management of catheter exit sites.

FMC Tech

Funding Round in 2010
FMC-Tech Ltd, established in August 2001, specializes in developing network management systems for medium voltage overhead electricity networks. The company's flagship product, the Crystal System, is designed to enhance network performance and address regulatory requirements. By delivering network intelligence, FMC-Tech aims to improve customer satisfaction while simultaneously reducing operational costs. The system provides a comprehensive solution to meet the evolving demands of the electricity sector, ensuring that businesses can effectively manage their networks in a cost-efficient manner.

3Touch

Seed Round in 2007
Touch Ltd., a software company, provides integrated and unified audio visual and information technology convergence solutions. It offers 3touch ENTERPRISE, a client server based multimedia solution that stores, manages, and controls various presentation and multimedia materials, as well as allows access to and play-out that information; and 3touch Media Editor software, which helps to develop a digital signage playlist. The company also provides 3touch Room Control, a system designed to link to various legacy control solutions and interact with existing or new installs; and 3touch TV network, a video delivery and display system that plays live video either on demand or according to a preset schedule. In addition, it offers 3touch Encoding, which provides various ways to get the live stream on the network; and 3touch Video on Demand Module, a system that streams content through a set-top box, allows viewing in real time, or allows watching it through a software player. Te company’s solutions are used in various audio visual areas, such as presentation and content management and delivery, interactive whiteboard applications, room control, room booking and management system, automated video conferencing scheduling and setup, equipment and personal computer monitoring, and IPTV/ video on demand and digital signage. 3Touch Ltd. was founded in 2003 and is headquartered in Athlone, Ireland with additional offices in Cambridge, the United Kingdom.

Lightstorm Networks

Series A in 2006
Lightstorm Networks designs, develops, and supplies semiconductor solutions. It provides hardware and software subsystems. The company's products include Brooklyn-10 Carrier Ethernet Switch, a layer 2 switch with an integrated 20G traffic manager; Solas Software Suite, a carrier Ethernet software development platform, including APIs, drivers, and development tools; and B-10 Development Platform, a 3RU development system that demonstrates the functionality of the Brooklyn-10 and partner silicon solutions. Its products are used in multiservice provisioning platform, wireless backhaul, document library, and carrier Ethernet switch and router applications.
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