Invest Northern Ireland

Invest Northern Ireland is the economic development agency for Northern Ireland, based in Belfast and established in 2002. Its primary objective is to enhance the local economy by supporting both new and existing businesses in competing on an international level, as well as attracting new investments to the region. The agency serves as a central resource for the business community, offering a range of services, programs, and expert advice tailored to promote economic growth. As a part of the Department for the Economy, it operates under strong government backing to implement effective economic development strategies. The agency’s activities are overseen by a board of directors, ensuring that its efforts align with the broader goals of wealth creation and community benefit.

Kieran Donoghue

CEO

Steve Harper

Executive Director of International Business and Skills

27 past transactions

Neurovalens

Grant in 2021
Neurovalens Limited is a company based in Ballymena, United Kingdom, that specializes in the development of medical devices grounded in neuroscience, bioscience, and neurophysiology. Founded in 2013, the company focuses on creating non-invasive neurostimulation products to address significant health challenges, particularly obesity. Notable products include Stimu Slim and Modius, which are electronic headsets designed to promote weight loss through transdermal activation of brainstem and hypothalamic functions. These devices aim to enhance autonomic function and circadian regulation, offering healthcare providers drug-free alternatives to improve patient health outcomes. Neurovalens has also received support from Invest NI as part of the European Union’s Investment for Growth and Jobs Programme, which will facilitate research and development to enhance the company's competitiveness.

Ogletree Deakins

Grant in 2021
Ogletree Deakins is a labor and employment law firms representing management in all types of employment. It represents employers of all sizes and across many industries, from small businesses to Fortune 500 companies. Since 1977, Ogletree Deakins has provided coverage through 53 offices in 31 U.S. states, the District of Columbia, the U.S. Virgin Islands, Canada, Mexico, and Europe.

Konvi

Convertible Note in 2021
Konvi is a crowdfunding platform that enables investors to earn 12% pa or more through the sale and let of historically safe luxury items. Luxury items crowdfunded through Konvi are the perfect addition to a diverse portfolio. Even in the worst years, they never show negative returns, and perform at least as well or better than the S&P 500 and gold.

Globus

Venture Round in 2020
Globus.ai is a privately held company focused on artificial intelligence and machine learning, including reinforcement learning. It offers an AI-powered SaaS platform that streamlines and automates the staffing process for recruiters and candidates. The platform facilitates data extraction from various on-premise sources and integrates this data with cloud infrastructure to enhance decision-making. By predicting future trends through advanced machine learning and simulation, Globus.ai helps businesses accelerate innovation, simplify sustainable decision-making, and reduce the costs associated with data science implementation. Additionally, it engages existing candidates, collects job requests, places candidates, and provides actionable business insights, enabling clients to leverage their talent effectively.

Gratsi

Pre Seed Round in 2020
Developer of a contactless payment platform designed to exchange gratuity and tips safely and securely. The company's platform removes the need to handle cash, replacing it with fully encrypted digital payments, thereby enabling customers to pay contactless gratuity and tipping for workers within the hospitality and food industries.

Lightyear

Venture Round in 2020
Lightyear is a global Software as a Service (SaaS) business focused on developing and building cutting edge fintech products for Businesses and Accountants and Bookkeepers.
The Centre for Advanced Sustainable Energy (CASE) is an industry-led sustainable energy research centre. Through the Invest Northern Ireland Competence Centre programme they fund collaborative Research & Development (R&D) in sustainable energy. They bridge the gap between industry research needs and academic research offerings.

Armstrong Medical

Venture Round in 2020
Armstrong Medical is a UK-based manufacturer specializing in high-quality, innovative products for use in anaesthesia, respiratory care, and critical care. The company produces a range of respiratory consumables designed to support perioperative and neonatal care. Its products are particularly beneficial for patients experiencing lung injuries, including those resulting from bomb blasts, allowing healthcare providers to effectively utilize these disposable items in critical care settings. Armstrong Medical is dedicated to enhancing patient outcomes through its advanced medical solutions.

We Are Paradoxx

Seed Round in 2019
WE ARE PARADOXX is a haircare brand that prioritizes environmental and social responsibility that is 90% plastic-free and 100% clean with no toxins, irritants, and synthetic fragrances in any of the products. WE ARE PARADOXX is on a mission to make sustainable, eco-friendly beauty a viable option for all that offers multi-task products to suit every individual.

We Are Paradoxx

Seed Round in 2019
WE ARE PARADOXX is a haircare brand that prioritizes environmental and social responsibility that is 90% plastic-free and 100% clean with no toxins, irritants, and synthetic fragrances in any of the products. WE ARE PARADOXX is on a mission to make sustainable, eco-friendly beauty a viable option for all that offers multi-task products to suit every individual.

Kainos WorkSmart

Venture Round in 2018
Established in 1986 as a joint venture between Fujitsu and Queen’s University Belfast, Kainos has become an international company with offices across the UK, Europe and the USA. And they continue to grow rapidly and fluidly. Throughout, and beyond their industry expertise, their success has been driven by consistently delivering for their customers. They do that by being accessible, collaborative and creative, and by hiring and investing in the best talent. They have always hired the best people they can find, given them challenging work they can cut their teeth on, and driven their development.

SiSaf

Series A in 2018
SiSaf Ltd. is a biopharmaceutical and drug delivery company based in Belfast, United Kingdom, founded in 2006. It specializes in the design and formulation of topical delivery systems for various applications in the pharmaceutical, cosmetic, and biotech industries. Utilizing its proprietary ProSilic nano-silicon technology platform, SiSaf manufactures and markets products such as ProSillic-RX and ProSillic-OTC. In addition to its product offerings, the company provides formulation services and licenses its technologies to clients within the science sector. SiSaf has established strategic collaborations with Avellino Labs USA, Inc. and partnerships with Croda International Plc to enhance its market presence and technological capabilities.

Fusion Antibodies

Grant in 2018
Fusion Antibodies specializes in production of high quality humanized monoclonal antibodies and antibody engineering projects. The company has the knowledge and expertise to build and deliver a bespoke package of the services people need to achieve outstanding results. Using the technology, the sequences of the antibody variable domains which determine its binding specificity are incorporated into human donor sequences creating a panel of full length humanized antibodies for expression. Fully humanized monoclonal antibodies are an essential step in the progression of your drug to the clinic and the in-house expertise at Fusion Antibodies ensures its success. All of Fusion Antibodies services are offered on a fee-for-service basis and is flexible on the elements of the project people would like included. Fusion Antibodies have strong links with the several partners around the globe, allowing it to deliver a complete bespoke package, at an incredible price. Fusion Antibodies was founded on 2001 and is based in Belfast, United Kingdom.

Prospr

Convertible Note in 2018
Prospr Ltd provides a marketplace for business software and services that helps businesses personalize their software. The company offers extensions marketplace, which provides services, such as customization, data migration, integration, and reporting; and service marketplace, which helps to provide consulting services for user's business software. The company was incorporated in 2016 and is based in London, United Kingdom.

BrainWaveBank

Grant in 2018
BrainWaveBank Limited is a brain health research company focused on developing innovative solutions to track and improve cognitive health, particularly in the context of dementia. Founded in 2015 and based in Belfast, United Kingdom, the company has created a unique wearable electroencephalography (EEG) device that allows users to non-invasively measure their brain activity. This device works in conjunction with mobile games designed to challenge cognitive skills, enabling individuals to monitor their cognitive health daily from the comfort of their homes. By securely collecting and analyzing data from a large user base, BrainWaveBank aims to build comprehensive neurocognitive profiles that can advance the understanding of brain health and inform the development of future treatments for neurological disorders. The company's approach emphasizes scalability and accessibility, making it a valuable tool for both consumers and clinical professionals.

ProtectBox

Seed Round in 2017
ProtectBox operates a cybersecurity comparison marketplace aimed at making cybersecurity solutions accessible to small and medium-sized businesses. The platform allows users to input their specific cybersecurity needs, which are then processed through an algorithm that generates a tailored set of security products and technologies. This customized approach not only enhances the security posture of businesses but also provides them with a competitive edge in their respective markets. By simplifying the selection process for cybersecurity solutions, ProtectBox addresses the challenges faced by small businesses in navigating complex protection advice, ultimately helping them safeguard their online activities more effectively.

Ampliphae

Seed Round in 2016
Ampliphae Ltd specializes in cloud management solutions that leverage artificial intelligence and machine learning to help enterprises manage their Software as a Service (SaaS) applications. Founded in 2015 and based in Belfast, United Kingdom, the company focuses on identifying and managing the risks associated with the independent adoption of cloud-delivered applications by employees. Ampliphae offers features such as cloud application discovery, real-time trend reporting, proactive governance, and data privacy compliance, which help organizations understand and mitigate potential vulnerabilities. Its platform employs advanced analytics to provide a comprehensive overview of cloud usage, facilitating compliance and enabling effective risk management within a structured governance framework.

Revel Systems

Grant in 2014
Revel Systems, Inc. is a provider of point of sale (POS) and business management system solutions, established in 2010 and headquartered in Atlanta, Georgia, with additional offices in various locations worldwide. The company specializes in developing an iOS-based POS system that combines cloud technology with the mobility of the Apple iPad. Revel Systems offers a comprehensive hardware suite, including iPads, POS printers, barcode scanners, and various peripherals, alongside a software platform that features integrated payroll, inventory tracking, and customer relationship management. Its solutions cater to a diverse range of industries, including restaurants, retail, grocery stores, and more. The introduction of the Revel Marketplace allows users to enhance their POS experience by integrating third-party services such as mobile payments and online ordering, thus streamlining business operations and reporting into a single platform.

Taggled

Seed Round in 2014
Taggled is an innovative online video commerce platform that allows both personal and business users to create interactive and shoppable videos. The platform provides a user-friendly drag-and-drop interface, enabling video creators to easily add clickable tags for products, people, places, and music within their videos. Taggled's unique solution has demonstrated impressive video view conversion rates ranging from 1% to 5%. As the only Twitter-approved provider of shoppable online videos, Taggled enhances the social shopping experience for a diverse range of users, including video bloggers, performance marketing companies, brands, and retailers.

FD Technologies

Post in 2010
First Derivatives (FD) is a leading provider of products and consulting services to some of the world’s largest finance, technology and energy institutions. FD is the developer of the world-leading database technology kdb+. Focused on financial institutions that work cross-asset, often with multi-system and/or high volume trading activities, the Company scopes, designs, develops, implements and supports a broad range of mission critical data and trading systems across front, middle and back-office operations. The Company’s software is also used in a range of industries including telecoms, digital marketing, pharma and utilities to help organisations solve their most demanding data management and analytics challenges. Incorporated in 1996, FD has served the capital markets industry since its incorporation. The Company holds a niche market position in terms of domain knowledge of capital market asset classes (equities, fixed income, foreign exchange, commodities, etc), as well as expertise in leading financial services systems (such as Calypso, Murex, Opics, Summit, Principia, Opus, Wall Street, kdb+, etc). The Company continues to work closely with leading global financial institutions to enable client proprietary and 3rd Party systems cope with the demands of high volume, complex trading in an increasingly regulated market. This combination of domain knowledge and technical expertise in leading financial services technologies has motivated the Company to invest in developing its own product suite.

Intune Networks

Venture Round in 2009
Intune Networks specializes in advanced optical switching technology, enabling telecommunications operators to build more efficient and simpler networks. The company has developed a unique optical Ethernet switch fabric that facilitates real-time packet switching over long distances, utilizing tuneable lasers in accordance with the emerging Optical Burst Switching (OBS) standard. This innovative approach significantly reduces network complexity by minimizing the number of components needed and allows for instantaneous bandwidth allocation at any point in the network. Additionally, Intune's distributed switching system empowers carriers to virtualize connectivity within their networks, transforming mobile transport networks into more flexible and streamlined infrastructures.

Fusion Antibodies

Venture Round in 2007
Fusion Antibodies specializes in production of high quality humanized monoclonal antibodies and antibody engineering projects. The company has the knowledge and expertise to build and deliver a bespoke package of the services people need to achieve outstanding results. Using the technology, the sequences of the antibody variable domains which determine its binding specificity are incorporated into human donor sequences creating a panel of full length humanized antibodies for expression. Fully humanized monoclonal antibodies are an essential step in the progression of your drug to the clinic and the in-house expertise at Fusion Antibodies ensures its success. All of Fusion Antibodies services are offered on a fee-for-service basis and is flexible on the elements of the project people would like included. Fusion Antibodies have strong links with the several partners around the globe, allowing it to deliver a complete bespoke package, at an incredible price. Fusion Antibodies was founded on 2001 and is based in Belfast, United Kingdom.

Axis Three

Venture Round in 2006
Axis Three is the market leader and pioneer of 3D surgical simulation tools for the cosmetic surgery market. Through its partnership with Siemens and its ground-breaking simulation software based on physics-driven tissue typing, Axis Three promises to create the new standard for 3D predictive surgical simulation.

Gendel

Venture Round in 2005
Gendel has developed a unique, proprietary platform technology for the localised delivery of biological molecules to target sites within the body. Biopharmaceuticals may be loaded into the body's own natural carrier system by a physical process and released at the target site in response to the application of non-invasive, low intensity ultrasound. Gendel's technology may be employed for the delivery of a range of biological payloads including antibodies, enzymes, peptides, olionucleotides and DNA as well as carrier peptides and gene therapy vectors.

Aepona

Series B in 2005
Aepona Limited is a technology company based in Belfast, United Kingdom, that specializes in providing platforms and solutions for telecommunications operators and enterprises to enhance business transformation. Founded in 1995, Aepona enables organizations to leverage their data, connected devices, and infrastructure by creating and monetizing services through managed APIs. Its offerings include an API monetization platform designed for communications service providers, a service creation and orchestration solution with integrated API management, and a payments and settlement engine that facilitates various business models. The company's Universal Service Platform supports service creation and implementation directly within the service network, serving customers across Europe, North America, and Southeast Asia. Aepona operates additional locations in Bristol, United Kingdom; Colombo, Sri Lanka; and Leixlip, Ireland, and has been a subsidiary of Persistent Systems, Inc. since 2015.

Lagan Technologies

Series B in 2004
Lagan Technologies Ltd. specializes in providing enterprise case management solutions tailored for government agencies, primarily in North America and Europe. The company offers a range of products, including an integrated case management system for governmental organizations, a performance solution for 311 call centers, and specialized systems for human services and motor vehicle management. Lagan Technologies also delivers a variety of services, such as project management, consultancy, installation, testing, integration, education and training, and ongoing support and maintenance. Founded in 1994 and headquartered in Belfast, the company has additional offices in London, Chicago, and Washington, D.C., serving advocates and councils both in the United Kingdom and internationally.

Aepona

Venture Round in 2003
Aepona Limited is a technology company based in Belfast, United Kingdom, that specializes in providing platforms and solutions for telecommunications operators and enterprises to enhance business transformation. Founded in 1995, Aepona enables organizations to leverage their data, connected devices, and infrastructure by creating and monetizing services through managed APIs. Its offerings include an API monetization platform designed for communications service providers, a service creation and orchestration solution with integrated API management, and a payments and settlement engine that facilitates various business models. The company's Universal Service Platform supports service creation and implementation directly within the service network, serving customers across Europe, North America, and Southeast Asia. Aepona operates additional locations in Bristol, United Kingdom; Colombo, Sri Lanka; and Leixlip, Ireland, and has been a subsidiary of Persistent Systems, Inc. since 2015.
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