Ireland Strategic Investment Fund

The Ireland Strategic Investment Fund, managed and controlled by the National Treasury Management Agency (NTMA), is an €8.5 billion sovereign development fund with a unique mandate. We have a statutory mandate to invest on a commercial basis in a manner designed to support economic activity and employment in Ireland. With €8.5 billion available to deploy, the Fund differs from other pools of capital in a number of key respects. It has a long investment time horizon and therefore can act as a permanent or patient source of long-term capital. It has flexibility up and down the capital structure and can therefore meet changing capital needs and gaps in the marketplace. The Fund will seek to invest in transactions where it can make a difference, where its characteristics can enable commercial investment transactions with positive economic impact and can make it an attractive “investor of choice” for company and project sponsors and advisors. We are a strategic investor with strong connections in both the public and private sectors. We are uniquely positioned to make connections and drive innovation across multiple industry players developing and delivering innovative opportunities that might otherwise go unrealised.
NA

Nick Ashmore

Deputy Director, Head of Private Equity

KB

Kieran Bristow

Senior Investment Director

JB

Joanne Butler

Senior Portfolio Investment Manager

AC

Austin Coughlan

Investment Director

CF

Cathal Fitzgerald

Senior Investment Director, Food and Agriculture

EF

Eileen Fitzpatrick

Director of Investment Management

ML

Mikael Langstrom

Investment Director

Fergal McAleavey

Senior Investment Director, Private Equity and Venture Capital

DM

Donal Murphy

Senior Investment Director, Infrastructure Investments

EO

Eugene O'Callaghan

Director, Ireland Strategic Investment Fund

PS

Paul Saunders

Senior Investment Director, Innovation

26 past transactions

AMCS Group

Series C in 2015
AMCS Group are an Irish company that are involved in the provision of RFID (Radio Frequency Identification) solutions. James Martin and Austin Ryan established advanced Manufacturing Control Systems (AMCS) Ltd in 2002. It is an Irish company with headquarters in the Innovation Works in Castletroy, Limerick. AMCS has an experienced team of engineers and technicians who combine technically advanced solutions with first class customer support, AMCS Group is the world's provider of integrated, end-to-end software and solutions for the waste, recycling, logistics and resource management industry.From cutting edge Weighing & RFID technology to a full suite of ERP software with ELEMOS, AMCS solutions can cover all aspects of your operation from bin, vehicle & skip management, mobile computing & weighbridge control to invoicing, customer reporting & analysis.The company’s solutions are used by the worlds leading municipalities, private recycling and waste collectors and commercial waste haulers providing residential, commercial, hazardous,recycling and disposal services.
Nautilus Data Technologies, Inc. designs and builds water cooled floating data centers. The company’s TRUE(Total Resource Usage Effectiveness), a water cooling system decreases greenhouse gases and air pollution, while consuming no water, producing no waste water, and using no water treatment chemicals or potent greenhouse gas and ozone depleting refrigerants. The company was founded in 2013 and is based in Pleasanton, California with an additional office in Stockton, California.

Urban Volt

Venture Round in 2020
UrbanVolt makes sustainability easy via our unique Light as a Service model. They retrofit commercial premises with LED lighting for no upfront cost. Their unique Light as a Service business model allows our clients to enjoy cash and energy savings from the moment of installation. They created this company and CapEx-free model because we believe businesses should not bear the financial risk of energy reduction projects. And we believe that reducing energy use and cost should be easy. Everything from Their one-page agreement, to our project management of the installation, to our commitment to maintaining the light fittings, makes sustainability easy.

Causeway Capital Partners

Private Equity Round in 2016
Causeway Capital is a new fund investing between €2.5m and €10m in established Irish and UK SMEs with ambitious management teams and strong growth prospects. We do not focus on a single sector but aim to back differentiated companies with robust business models With teams in Dublin and London, we provide straight forward funding solutions to established businesses based in either Ireland or the UK. Our funds can be used to finance organic growth strategies, acquisitions or roll-outs or an MBOs / refinancing / shareholder exit

Genuity Science

Series C in 2018
Genuity Science is a contract genomics and data-sourcing, –analytics and –insights organization headquartered in Boston, Massachusetts, USA with offices in Dublin, Ireland and Reykjavik, Iceland. Genuity partners with global biopharma companies to offer deep end-to-end discovery services aimed at catalyzing precision health and improving the quality of life for patients around the world. Services include population-scale, disease-specific data sourcing, high-quality sequencing, robust statistical analysis and software tools for analyzing large datasets and artificial intelligence (AI). The company operates advanced CAP/CLIA genomics laboratories in Woburn, Massachusetts, USA and in Dublin, Ireland and is deeply committed to data stewardship and data governance across its global offices. For more information, see www.genuitysci.com.

Shannon Airport

Debt Financing in 2017
Shannon Airport is a profitable and expanding airport serving a range of short-haul and long-haul destinations. It’s Ireland’s second long-haul airport and the gateway to the Wild Atlantic Way.

Vectra Networks

Series D in 2018
Vectra is a cybersecurity platform that uses AI to detect attackers in real-time and perform conclusive incident investigations. It specializes in network detection and response – from cloud and data center workloads to user and IoT devices. Their Cognito platform accelerates threat detection and investigation using artificial intelligence to collect, store, and enrich network metadata with the right context to detect, hunt, and investigate known and unknown threats in real-time. The company offers three applications on the Cognito platform to address high-priority use cases. Cognito Stream sends security-enriched metadata to data lakes and SIEMs. Cognito Recall is a cloud-based application to store and investigate threats in enriched metadata. And Cognito Detect uses AI to reveal and prioritize hidden and unknown attackers at speed. Vectra was founded in 2010 and is based in San Jose, California.

Staycity Ltd.

Venture Round in 2020
Staycity Ltd. operates serviced apartments in the United Kingdom and Europe. The company offers its apartments for leisure, family, and business stays, as well as other accommodation needs. Staycity Ltd. was founded in 2004 and is based in Dublin, Ireland.

Swrve

Series C in 2015
The world's leading mobile marketing automation platform

Aqua Comms Limited

Series A in 2016
Aqua Comms Limited provides bandwidth infrastructure services that include dark fibre, wavelengths, and Ethernet services to content providers, cloud based networks, data centres, IT companies, and the global media. It owns and operates CeltixConnect, a fibre pair subsea cable that provides bandwidth, dark fibre, and spectrum services between Ireland and the United Kingdom; and AEConnect system, a transatlantic cable system that provides bandwidth and spectrum services between the United States and greater Europe. The company was incorporated in 2011 and is based in Dublin, Ireland.

Swrve

Series D in 2017
The world's leading mobile marketing automation platform

Ardstone Homes Limited

Venture Round in 2016
Ardstone Homes Limited designs, develops, and builds homes and related residential properties. It also offers investment management services. The company was founded in 2016 and is based in Dublin, Ireland.
DCU is a young, dynamic and ambitious university with a distinctive mission to transform lives and societies through education, research and innovation. Since admitting its first students in 1980, DCU has grown in both student numbers and size and now occupies a 72 acre site in Glasnevin, just north of Dublin city.

Kaseya Limited

Venture Round in 2017
Kaseya Limited provides IT management software for IT departments and managed service providers, and small to midsized businesses. The company offers Kaseya VSA, a solution to manage and automate IT environment from a single dashboard; Kaseya AuthAnvil, an identity and access management software for single sign on and multi-factor authentication solutions; Kaseya BMS, a business management solution to support various business back-end requirements, including service desk, customer relationship management, finance, project management and billing, time and expense tracking, and inventory management; Kaseya 365 Command, an office 365 administration software; TRAVERSE MONITORING, a performance monitoring and management solution for IT professionals, as well as to monitor and manage networks and datacenters; and Kaseya One for infrastructure monitoring. It serves finance, healthcare, manufacturing, managed services, legal, government, retail, and other industries worldwide. The company was founded in 2000 and is based in Miami, Florida.

CropX

Venture Round in 2018
CropX Ltd., an ag-analytics company, develops cloud based software solutions integrated with wireless sensors, which boosts crops yield and saves water and energy. It offers advanced adaptive irrigation software service that delivers crop yield increase, and water and energy cost saving services while conserving the environment. The company also generates irrigation maps and automatically applies the right amount of water to different parts of the same field. It serves farmers worldwide. CropX Ltd. was founded in 2013 and is headquartered in Tel Aviv, Israel with an additional office in San Francisco, California. CropX’s proprietary science helps farmers better understand water usage across their fields. Its low-cost soil sensors can increase crop yields while simultaneously cutting water usage by one third. In just one irrigation season, CropX sensors were installed on thousands of acres of all major row crops and demonstrated immense value, with early customers across the United States reporting dramatic water, manpower and cost savings, as well as massive crop yield gains. During the current growing season, CropX technology will be rolled out across hundreds of thousands of acres.

Draper Esprit

Private Equity Round in 2017
Draper Esprit is a venture capital firms in Europe, developing and investing in disruptive, high-growth technology companies. They believe the best entrepreneurs in Europe are capable of building the global businesses of the future. The company fuels its growth with long-term capital, access to international networks, and decades of experience building businesses. They back ambitious teams including Revolut, Trustpilot, Graze, Ledger, Transferwise, and Graphcore. In order to provide entrepreneurs with a more flexible approach to funding and to back them for longer, they re-invented the traditional venture capital by ourselves going public in 2016.

InsideSales.com, Inc.

Series D in 2017
XANT delivers the industry-leading sales engagement AI platform powered by Real DataTM. XANT provides solutions that accelerate revenue by enabling (sales) teams to build a better pipeline and close more deals. Our core differentiation stems from RealData that like modern AI apps such as WAZE, Netflix and Amazon use data though a collective that drives insights, scores and predictions across email, voice, LinkedIn, SMS interactions. Hundreds of customers across the globe including companies such as American Express, Cisco, John Hancock, and Pluralsight, trust XANT to drive productivity, visibility, and effectiveness in their prospect and customer interactions.

Draper Esprit

Private Equity Round in 2016
Draper Esprit is a venture capital firms in Europe, developing and investing in disruptive, high-growth technology companies. They believe the best entrepreneurs in Europe are capable of building the global businesses of the future. The company fuels its growth with long-term capital, access to international networks, and decades of experience building businesses. They back ambitious teams including Revolut, Trustpilot, Graze, Ledger, Transferwise, and Graphcore. In order to provide entrepreneurs with a more flexible approach to funding and to back them for longer, they re-invented the traditional venture capital by ourselves going public in 2016.
Nautilus Data Technologies, Inc. designs and builds water cooled floating data centers. The company’s TRUE(Total Resource Usage Effectiveness), a water cooling system decreases greenhouse gases and air pollution, while consuming no water, producing no waste water, and using no water treatment chemicals or potent greenhouse gas and ozone depleting refrigerants. The company was founded in 2013 and is based in Pleasanton, California with an additional office in Stockton, California.

AMCS Group

Series D in 2018
AMCS Group are an Irish company that are involved in the provision of RFID (Radio Frequency Identification) solutions. James Martin and Austin Ryan established advanced Manufacturing Control Systems (AMCS) Ltd in 2002. It is an Irish company with headquarters in the Innovation Works in Castletroy, Limerick. AMCS has an experienced team of engineers and technicians who combine technically advanced solutions with first class customer support, AMCS Group is the world's provider of integrated, end-to-end software and solutions for the waste, recycling, logistics and resource management industry.From cutting edge Weighing & RFID technology to a full suite of ERP software with ELEMOS, AMCS solutions can cover all aspects of your operation from bin, vehicle & skip management, mobile computing & weighbridge control to invoicing, customer reporting & analysis.The company’s solutions are used by the worlds leading municipalities, private recycling and waste collectors and commercial waste haulers providing residential, commercial, hazardous,recycling and disposal services.

Finance Ireland Limited

Venture Round in 2016
A privately owned financial services Group.

Genomics Medicine Ireland

Series A in 2016
Genomics Medicine Ireland is an Irish life sciences company leading a large-scale research study across Ireland looking at the human genome to examine the relationship between genetics, health and disease.

Malin Corporation plc

Venture Round in 2015
Malin Corporation plc (“Malin”) is an Irish incorporated public limited company whose head office is in Dublin, Ireland with subsidiary offices in New Haven, Connecticut and Research Triangle, North Carolina, USA. Malin’s purpose is to create shareholder value through the selective long-term application of capital and operational expertise to private, pre-IPO, pre-trade sale operating businesses in dynamic and fast growing segments of the life sciences industry. Through its operational involvement, Malin works with its investee companies to enable them to reach the full potential of their value proposition and to achieve commercial success.

Cubic Telecom Limited

Series C in 2017
Cubic Telecom is a global connectivity platform company offering solutions for leading Internet of things (IoT), machine-to-machine (M2M), and device manufacturing companies across the globe. As a proud member of the GSMA, we provide connectivity in over 100 countries, boasting the most robust network, device and retail partnerships worldwide. With our flexible over-the-air (OTA) device management, we are experts in enabling global scalability with local connectivity anytime, anywhere. Our partners and customers include some of the world’s leading Fortune 100 tablet and notebook manufacturers, retailers, and M2M and automotive companies. Our clients believe in our work. They include Audi, Lenovo, HP, Rakuten, and Woolworths.