Harbert Management
Harbert Management Corporation (HMC), established in 1993, is a privately-owned alternative asset management firm headquartered in the United States with offices in Europe. The company specializes in real estate, private equity, venture capital, and mezzanine debt investments. HMC serves a diverse range of clients, including endowments, pension funds, and high net worth individuals, across multiple asset classes. Its venture capital arm, Harbert Growth Partners (HGP), focuses on investing in early to mid-stage companies in the technology, healthcare, and real estate sectors, typically providing equity between $0.25 million to $7 million per transaction. HGP has a strong presence in the Southeastern and Mid-Atlantic United States, with offices in Richmond, Virginia, Birmingham, Alabama, and Gainesville, Florida. Additionally, HMC's European arm, Claret Capital, provides specialty debt financing to growth businesses in Europe, predominantly in the technology, life sciences, and environmental sectors.
Neurent Medical
Venture Round in 2024
Neurent Medical Limited is a medical device company based in Galway, Ireland, founded in 2015. The company focuses on developing innovative solutions for treating rhinitis, including both allergic and non-allergic forms. It offers a single-use, minimally invasive device designed for ENT surgeons that utilizes radio-frequency technology to provide non-surgical interventions for chronic rhinitis. The device is introduced through the nostrils into the nasal cavity under direct endoscopic visualization, where it employs a microelectrode array to deliver targeted energy. This approach interrupts the autonomic function within the mucosal structures of the nasal cavities, effectively reversing the inflammatory process. By enabling treatment in an office setting, Neurent Medical aims to eliminate the complications and costs associated with traditional surgical procedures.
Deciphex
Debt Financing in 2023
Deciphex Limited, founded in 2017 and based in Dublin, Ireland, specializes in developing digital pathology software applications aimed at enhancing diagnostic workflows through artificial intelligence. The company offers two primary platforms: Patholytix and Diagnexia. Patholytix is designed for preclinical and toxicologic pathology, aiding pharmaceutical and clinical research organizations in optimizing safety assessments and accelerating drug development. Diagnexia facilitates rapid diagnostics by connecting global subspecialty pathologists, thereby addressing backlog issues. Both platforms automate routine tasks, allowing pathologists to concentrate on more complex cases, which ultimately leads to faster and more reliable diagnoses. Through its innovative approach, Deciphex is committed to improving patient outcomes and advancing healthcare delivery.
AltraTech
Debt Financing in 2021
AltraTech Limited, established in 2013 and located in Shannon, Ireland, specializes in the design of biosensors and semiconductor chips aimed at DNA testing for food traceability in the agricultural sector. The company has developed a portable device that enhances molecular detection of viral DNA and RNA using advanced enrichment and semiconductor techniques. This innovation achieves the sensitivity and specificity comparable to traditional PCR methods, allowing for rapid and accurate measurement of viral samples. Through these technologies, AltraTech contributes to improving food safety and quality in the agri-business industry.
CurrencyFair
Debt Financing in 2018
CurrencyFair Ltd. is an online currency exchange and money remittance service based in Dublin, Ireland, with an additional office in Milsons Point, Australia. Established in 2009, the company operates a peer-to-peer marketplace that allows individuals and businesses to exchange currencies and transfer funds to bank accounts worldwide. Customers can send money by depositing funds into their CurrencyFair account, where they can exchange currencies at competitive rates and transfer the amount to recipients. The platform offers users the option to exchange immediately at favorable rates or to place orders for better rates, which can be matched with other users. CurrencyFair emphasizes security and compliance, maintaining segregated client accounts to ensure that customer funds are protected and not commingled with the company's own assets. The service is regulated by the Irish Financial Regulator, ensuring safeguards around client funds throughout the exchange and transfer process. CurrencyFair caters to a diverse clientele, including international students, business owners, foreign property owners, and overseas workers, providing a user-friendly and transparent money transfer experience.
Longboat
Debt Financing in 2017
Longboat is a clinical trial software platform based in Dublin, Ireland, founded in 2014. The company focuses on enhancing the efficiency and effectiveness of clinical trials by providing technology solutions that improve patient recruitment, investigator site engagement, and protocol compliance. Its cloud-based platform enables real-time site monitoring, virtual walkthroughs, and adaptive training, allowing investigators and site staff to better engage with patients and ensure compliance throughout the trial process. Longboat operates as a subsidiary of Advarra, Inc., reflecting its commitment to addressing the complexities of global clinical trials through practical and innovative technology.
Accuris Networks
Debt Financing in 2013
Accuris Networks is a provider of roaming, carrier Wi-Fi, and interworking solutions for communication service providers. The company offers a suite of products including eAAA, a 3GPP server for authentication, authorization, and accounting; a Wi-Fi Server that integrates Wi-Fi into service provider networks; and a Wi-Fi Client for offloading and roaming services. Accuris also delivers a cloud-ready captive portal solution, an enhanced data gateway, and a carrier VoIP solution for operator-managed over-the-top services. Its platforms facilitate seamless connectivity across various mobile broadband technologies, including GSM, CDMA, LTE, and Wi-Fi, ensuring a secure user experience for data, voice, and messaging services. Accuris Networks, which was founded in 1997 and is headquartered in Dublin, Ireland, also has offices in Boston and Kuala Lumpur. The company has formed strategic partnerships with Autelan and Total Software Solutions, enhancing its offerings in the telecommunications sector.
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