Kernel Capital

Kernel Capital is a private equity and venture capital firm based in Cork, Ireland, with additional offices in Dublin and Belfast. Established in 1999, it specializes in equity investments across various stages of company growth, focusing primarily on technology sectors such as information and communication technology, big data, software, telecommunications, and life sciences. The firm manages The Bank of Ireland Kernel Capital Venture Funds, representing one of the largest sources of equity finance in Ireland. Kernel Capital has raised over €210 million from various investors, including the Bank of Ireland and several academic foundations. It typically invests between €0.10 million and €6 million, targeting companies with annual revenues of at least £1 million. The firm emphasizes early-stage investments and aims to lead funding rounds while also considering co-investments in life sciences with international funds. Kernel Capital is unique in its commitment to both the Republic of Ireland and Northern Ireland, positioning itself as a significant player in the regional venture capital landscape.

Andrew Graham

Partner and Managing Director

Siggi Saevarsson

Venture Partner

Fred Smyth

Venture Partner

Brendan Vaughan

Venture Partner

83 past transactions

Pilot Photonics

Venture Round in 2022
Pilot Photonics Ltd. develops optical wavelength comb source units for the optical telecommunication research and development market. Its optical frequency comb sources offers applications in the areas of optical arbitrary waveform and photonic microwave signal generation, optical signal processing, and multi-carrier spectrally efficient transmission techniques. The company was incorporated in 2011 and is based in Dublin, Ireland.

Causeway Sensors

Venture Round in 2022
Causeway Sensors Ltd. specializes in developing and manufacturing nanotechnology-based point-of-care diagnostic solutions for rapid disease detection. Established in 2013 and headquartered in Belfast, United Kingdom, the company offers a compact biosensor known as The Affinity, which features a chip embedded with a billion gold nanorods. This innovative design allows for sensitive detection of biological events at the chip’s surface. The Affinity biosensor, along with its Access Chip, is intended for biochemistry researchers and provides real-time analysis at an accessible price. Additionally, Causeway Sensors' technology aids pharmaceutical companies by enabling quick data capture during candidate screening for new biological drugs, ultimately helping to reduce development times and costs while improving the quality of drugs.

Pretto

Series B in 2022
Pretto is an online platform that simplifies the mortgage loan process by providing a transparent price comparison of real estate financing options. The platform enables users to compare rates from various banks, refine their credit applications, and optimize their financial files. By accompanying customers throughout the mortgage process, Pretto ensures access to clear and tailored financing solutions without any charges or commitments. This approach helps clients identify the most suitable loan options for their specific projects, enhancing the overall mortgage experience.

AltraTech

Venture Round 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.

Nova Leah

Venture Round in 2021
Nova Leah Ltd develops SelectEvidence, a cybersecurity risk analysis and treatment solution for medical device manufacturers. It offers 24/7 technical support, online platform training, and continuous software update services. The company was founded in 2015 and is based in Dundalk, Ireland with an additional office in Boston, Massachusetts.

B-Secur

Venture Round in 2021
B-Secur Ltd. is a Belfast-based company that specializes in ECG biometric technology to enhance digital security. Founded in 1996, the company has developed a distinctive method of user identification by analyzing an individual's unique heartbeat pattern through their fingertips. This innovation moves beyond traditional security measures such as passwords and PINs, offering a more sophisticated approach suitable for various applications, including mobile banking, access control, and health monitoring. B-Secur's patented technology has garnered recognition in the Financial Services sector and has been supported by recent investments to further advance research and development efforts. The team comprises experts from diverse fields, including technology, biometrics, and consumer marketing, all working towards creating innovative solutions that redefine how users interact with technology in a connected world.

Kianda

Seed Round in 2021
Kianda is a cloud-based No Code business process automation platform, providing a platform within user’s browser, integrated seamlessly with back-end systems, enabling users simply build forms and workflows to streamline complex business operations. They focus on a single goal - bringing digital business process automation and collaboration to the next level. they have been working with companies from all sizes and industries to help them achieve their digital transformation goals. Their vision for Kianda is to become a global BPM product helping enterprises realise their full potential by providing them innovative collaboration solutions to communicate, share, reduce resolution times and improve efficiency. Kianda is located in The LINC Innovation Center in ITB, Dublin, supported by Local Enterprise Office Fingal and involved with Enterprise Ireland.

Datactics

Venture Round in 2021
Datactics Ltd. develops data quality and matching software tailored for businesses across various sectors, including banking, finance, government, and healthcare. Founded in 1997 and based in Belfast, United Kingdom, the company offers the Datactics Data Quality Suite, which includes tools for profiling, cleaning, and matching large datasets. This suite features FlowDesigner, a user-friendly application for designing data quality processes, and DQM, a web application that automates these processes. Datactics' solutions empower business users to address data issues independently, reducing reliance on IT resources and thereby alleviating common bottlenecks in data management. The software facilitates compliance with financial regulations, supports anti-money laundering (AML) and know your customer (KYC) functions, and allows for seamless integration with visualization tools, enabling organizations to enhance their data quality and operational efficiency.

B-Secur

Venture Round in 2020
B-Secur Ltd. is a Belfast-based company that specializes in ECG biometric technology to enhance digital security. Founded in 1996, the company has developed a distinctive method of user identification by analyzing an individual's unique heartbeat pattern through their fingertips. This innovation moves beyond traditional security measures such as passwords and PINs, offering a more sophisticated approach suitable for various applications, including mobile banking, access control, and health monitoring. B-Secur's patented technology has garnered recognition in the Financial Services sector and has been supported by recent investments to further advance research and development efforts. The team comprises experts from diverse fields, including technology, biometrics, and consumer marketing, all working towards creating innovative solutions that redefine how users interact with technology in a connected world.

Code Institute

Venture Round in 2020
Code Institute Limited is a coding bootcamp based in Dun Laoghaire, Ireland, that specializes in providing web software development diploma courses for learners across Europe. Established in 2014, the company offers a range of subjects, including HTML5, CSS3, JavaScript, Python, GitHub, data management, agile development, and Django. Code Institute focuses on producing career-ready developers through a combination of mentored online and classroom programs, catering to students with no prior coding experience. Its courses are designed to deliver real-world education and equip learners with industry-validated coding knowledge. The company utilizes a proprietary student and syllabus analytics tool to enhance the learning experience and ensure accessibility to advanced technologies.

Silform Technologies

Venture Round in 2019
Silform Technologies is a customised clean burning Solid Fuel Systems.

Automated Intelligence

Private Equity Round in 2019
Automated Intelligence (AI) provides information management software and services that enable organisations to easily transition to, and make the most of, Microsoft SharePoint, Microsoft Azure and Office 365. Using their proven solutions, organisations can analyse and optimise their existing data holdings to aid in the transition to SharePoint from legacy data repositories, reducing costs and increasing data quality. Their technology further enables organisations to exploit their Microsoft platform to comply with legal, government and internal policy obligations, whilst improving user experience, user acceptance, information discovery and data quality.

Datactics

Series A in 2019
Datactics Ltd. develops data quality and matching software tailored for businesses across various sectors, including banking, finance, government, and healthcare. Founded in 1997 and based in Belfast, United Kingdom, the company offers the Datactics Data Quality Suite, which includes tools for profiling, cleaning, and matching large datasets. This suite features FlowDesigner, a user-friendly application for designing data quality processes, and DQM, a web application that automates these processes. Datactics' solutions empower business users to address data issues independently, reducing reliance on IT resources and thereby alleviating common bottlenecks in data management. The software facilitates compliance with financial regulations, supports anti-money laundering (AML) and know your customer (KYC) functions, and allows for seamless integration with visualization tools, enabling organizations to enhance their data quality and operational efficiency.

B-Secur

Series A in 2019
B-Secur Ltd. is a Belfast-based company that specializes in ECG biometric technology to enhance digital security. Founded in 1996, the company has developed a distinctive method of user identification by analyzing an individual's unique heartbeat pattern through their fingertips. This innovation moves beyond traditional security measures such as passwords and PINs, offering a more sophisticated approach suitable for various applications, including mobile banking, access control, and health monitoring. B-Secur's patented technology has garnered recognition in the Financial Services sector and has been supported by recent investments to further advance research and development efforts. The team comprises experts from diverse fields, including technology, biometrics, and consumer marketing, all working towards creating innovative solutions that redefine how users interact with technology in a connected world.

Pretto

Series A in 2019
Pretto is an online platform that simplifies the mortgage loan process by providing a transparent price comparison of real estate financing options. The platform enables users to compare rates from various banks, refine their credit applications, and optimize their financial files. By accompanying customers throughout the mortgage process, Pretto ensures access to clear and tailored financing solutions without any charges or commitments. This approach helps clients identify the most suitable loan options for their specific projects, enhancing the overall mortgage experience.

Nova Leah

Venture Round in 2018
Nova Leah Ltd develops SelectEvidence, a cybersecurity risk analysis and treatment solution for medical device manufacturers. It offers 24/7 technical support, online platform training, and continuous software update services. The company was founded in 2015 and is based in Dundalk, Ireland with an additional office in Boston, Massachusetts.

Sytorus

Venture Round in 2018
Sytorus Ltd. is a data protection consultancy based in Dublin, Ireland, established in 2013. The company specializes in providing a range of data protection services, including executive assessments, privacy impact assessments, and capability assessments. Sytorus also offers a privacy engine designed for data protection officers, along with both onsite and offsite training solutions for staff. As privacy becomes a critical concern for businesses, particularly with the introduction of stringent European regulations, Sytorus positions itself as a leader in pragmatic data protection deployment. The firm's team comprises experts in data protection legislation, technology, and business operations, enabling them to support organizations across various sectors, from startups to large enterprises. Through their proven services, Sytorus assists businesses in implementing best practices for privacy management throughout the European Economic Area.

Datactics

Venture Round in 2018
Datactics Ltd. develops data quality and matching software tailored for businesses across various sectors, including banking, finance, government, and healthcare. Founded in 1997 and based in Belfast, United Kingdom, the company offers the Datactics Data Quality Suite, which includes tools for profiling, cleaning, and matching large datasets. This suite features FlowDesigner, a user-friendly application for designing data quality processes, and DQM, a web application that automates these processes. Datactics' solutions empower business users to address data issues independently, reducing reliance on IT resources and thereby alleviating common bottlenecks in data management. The software facilitates compliance with financial regulations, supports anti-money laundering (AML) and know your customer (KYC) functions, and allows for seamless integration with visualization tools, enabling organizations to enhance their data quality and operational efficiency.

DisplayNote Technologies

Series B in 2018
DisplayNote Technologies Ltd. is a software and app solution developer based in Belfast, United Kingdom, established in 2011. The company specializes in creating tools that enhance collaboration and sharing across various devices and platforms. Its flagship product, DisplayNote, provides a range of solutions for both educational institutions and enterprises. For education, it offers features such as screen mirroring, wireless presenting, personalized notes, student polling, real-time collaboration, and lecture capture. For enterprise users, it includes similar functionalities, emphasizing presentation capture and audience engagement through polling. DisplayNote is compatible with Windows, Mac OS X, iPads, and Android devices, making it accessible to a diverse global audience of schools and organizations.

Causeway Sensors

Venture Round in 2018
Causeway Sensors Ltd. specializes in developing and manufacturing nanotechnology-based point-of-care diagnostic solutions for rapid disease detection. Established in 2013 and headquartered in Belfast, United Kingdom, the company offers a compact biosensor known as The Affinity, which features a chip embedded with a billion gold nanorods. This innovative design allows for sensitive detection of biological events at the chip’s surface. The Affinity biosensor, along with its Access Chip, is intended for biochemistry researchers and provides real-time analysis at an accessible price. Additionally, Causeway Sensors' technology aids pharmaceutical companies by enabling quick data capture during candidate screening for new biological drugs, ultimately helping to reduce development times and costs while improving the quality of drugs.

Pilot Photonics

Venture Round in 2018
Pilot Photonics Ltd. develops optical wavelength comb source units for the optical telecommunication research and development market. Its optical frequency comb sources offers applications in the areas of optical arbitrary waveform and photonic microwave signal generation, optical signal processing, and multi-carrier spectrally efficient transmission techniques. The company was incorporated in 2011 and is based in Dublin, Ireland.

Automated Intelligence

Venture Round in 2017
Automated Intelligence (AI) provides information management software and services that enable organisations to easily transition to, and make the most of, Microsoft SharePoint, Microsoft Azure and Office 365. Using their proven solutions, organisations can analyse and optimise their existing data holdings to aid in the transition to SharePoint from legacy data repositories, reducing costs and increasing data quality. Their technology further enables organisations to exploit their Microsoft platform to comply with legal, government and internal policy obligations, whilst improving user experience, user acceptance, information discovery and data quality.

B-Secur

Seed Round in 2017
B-Secur Ltd. is a Belfast-based company that specializes in ECG biometric technology to enhance digital security. Founded in 1996, the company has developed a distinctive method of user identification by analyzing an individual's unique heartbeat pattern through their fingertips. This innovation moves beyond traditional security measures such as passwords and PINs, offering a more sophisticated approach suitable for various applications, including mobile banking, access control, and health monitoring. B-Secur's patented technology has garnered recognition in the Financial Services sector and has been supported by recent investments to further advance research and development efforts. The team comprises experts from diverse fields, including technology, biometrics, and consumer marketing, all working towards creating innovative solutions that redefine how users interact with technology in a connected world.

AltraTech

Venture Round in 2017
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.

HiberGene

Series B in 2017
HiberGene Diagnostics Limited, based in Dublin, Ireland, specializes in the development, manufacturing, and marketing of molecular diagnostic tests for human infectious diseases. The company utilizes loop-mediated isothermal amplification (LAMP) technology to create rapid and accurate tests, including those for meningitis and Group B Streptococcus. HiberGene's product portfolio addresses significant clinical needs, enabling clinicians to detect infections quickly in near-patient settings such as clinical laboratories and emergency rooms. Founded in 2009, HiberGene continues to expand its range of diagnostic offerings while maintaining an active research pipeline to introduce new tests annually. The company's leadership is guided by CEO Brendan Farrell, who has extensive experience in the diagnostics industry. HiberGene's products are distributed through diagnostic distributors worldwide.

Oncomark

Venture Round in 2017
OncoMark Limited focuses on the discovery and development of diagnostics and therapeutic targets for cancer patients. Its products include tissue-based biomarker assays for pharmacodynamic and patient stratification studies; Biomarker Interpretation Workflow platform for analysis that includes automatically generating markup images and study reports, automated combination of clinical data and quantitation data, automated chi-square analysis to assess association, and automated kaplan-meyer survival analysis, as well as automated quantitation of nuclear, membraneous, cytoplasmic staining, or ratios; and automated quantitation of interpretation of immnuohistochemistry staining. The company was founded in 2007 and is based in Dublin, Ireland.

Immersive VR Education

Venture Round in 2017
Virtual reality is a new industry, and the benefits in and outside the classroom are only now being discovered. Our vision for the future is to see virtual reality become a staple tool for education, and we will strive to produce quality experiences that demonstrate this. Since opening our doors in October 2014 we have moved in leaps and bounds, releasing a range of educational experiences and winning five International awards for Apollo 11 VR. Our current project, Titanic VR, will be no exception. Due to be completed late 2017, this experience lets you explore the shipwreck, and witness the events of 1912 from the eyes of a survivor.

Corlytics

Venture Round in 2017
Corlytics, based in Ireland, is a leader in regulatory risk intelligence, specializing in the analysis of enforcement data and regulatory information to support a more compliant financial system. Established in 2013, the company employs a multidisciplinary team of legal analysts, risk professionals, and data scientists to provide evidence-based insights that enhance regulatory planning and execution for stakeholders, including regulators and financial institutions. By utilizing a platform that combines artificial and human intelligence, Corlytics organizes and categorizes regulatory notices and internal data, enabling clients to identify potential risks and improve compliance. The company's mission is to foster transparency and stability in financial markets by empowering banks and financial entities to make informed decisions that mitigate avoidable compliance and operational risks. Through these efforts, Corlytics positions itself as a trusted strategic partner in the global financial landscape.

Ferfics

Venture Round in 2016
Ferfics Limited, founded in 2007 and based in Little Island, Ireland, specializes in the development of integrated chips and intellectual property for radio frequency applications. The company focuses on creating high-tech microchips that enhance the battery life of mobile phones and wireless devices while reducing production costs. Ferfics targets leading international wireless device manufacturers, such as Nokia, Apple, Samsung, and Motorola, providing them with technology to meet increasing performance demands as more data is transmitted to mobile devices. The company has attracted significant investment, including a notable funding round in 2010, and is led by Kevin Fielding, who previously served as President and CEO of ParthusCeva.

PolyPico

Venture Round in 2016
PolyPico Ltd, based in Galway, Ireland, specializes in innovative fluid dispensing technology. Established in 2012, the company emerged from five years of research at the University of Limerick. PolyPico designs and manufactures solutions tailored for both Life Science and Industrial applications, utilizing a unique non-contact ultra-low volume acoustic dispensing platform. This technology addresses critical challenges in fluid dispensing, such as cross-contamination and system complexity, by employing simple, disposable fluid cartridges. The company’s multidisciplinary team possesses expertise in micro-fluidics, electronics, software development, mechanical engineering, and biotechnology, enabling them to offer customized solutions that enhance precision and reduce wastage in fluid dispensing. PolyPico aims to revolutionize the dispensing of bio-materials and other fluids, providing new possibilities and applications in various fields.

Code Institute

Seed Round in 2016
Code Institute Limited is a coding bootcamp based in Dun Laoghaire, Ireland, that specializes in providing web software development diploma courses for learners across Europe. Established in 2014, the company offers a range of subjects, including HTML5, CSS3, JavaScript, Python, GitHub, data management, agile development, and Django. Code Institute focuses on producing career-ready developers through a combination of mentored online and classroom programs, catering to students with no prior coding experience. Its courses are designed to deliver real-world education and equip learners with industry-validated coding knowledge. The company utilizes a proprietary student and syllabus analytics tool to enhance the learning experience and ensure accessibility to advanced technologies.

Zeto

Venture Round in 2016
Zeto is a company that specializes in managing commercial refrigeration equipment, particularly for supermarkets. Their Fusion platform enhances energy efficiency, offers advanced alarm management, and provides real-time analytics and customizable HACCP reporting, all accessible via standard web browsers. Zeto operates under a Software-as-a-Service model, enabling users to manage multi-vendor refrigeration systems seamlessly. Additionally, the Integra platform allows supermarket operators, maintenance contractors, and original equipment manufacturers to wirelessly monitor and control their refrigeration equipment from any web-enabled device. Founded in 2013 and based in Little Island, Ireland, Zeto aims to address challenges in the refrigeration industry, such as rising maintenance costs, compliance with food safety regulations, and high energy expenses, by providing innovative wireless solutions that can be integrated during manufacturing or retrofitted later.

Cirdan

Venture Round in 2016
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.

swiftQueue

Seed Round in 2015
swiftQueue Ltd. operates an online platform for managing healthcare clinics. It offers online appointments platform, clinic and waiting list scheduling, electronic referrals, patient portal, clinical workflow processes, consultancy projects, patient check in tables and kiosks, patient results, and data analytical insights. It serves hospitals in HSE and NHS, and healthcare clinics. The company was founded in 2011 and is based in Maynooth, Ireland with an additional office in London, United Kingdom.

ChicTypes

Seed Round in 2015
ChicTypes.com is an online store based in Paris, France, specializing in customized clothing for men. Founded in 2013, the company provides a curated personal shopping service tailored to men's specific preferences. Dedicated personal shoppers curate outfits according to customers' tastes, which are then delivered to their homes at no cost. This innovative approach has established ChicTypes as a leading player in the online menswear market in France, boasting significantly higher average transaction values compared to traditional e-commerce. By 2014, the company achieved two million euros in revenue and experienced consistent month-to-month growth. ChicTypes aims to simplify the shopping experience for men while ensuring access to a diverse range of stylish clothing options.

Corlytics

Seed Round in 2015
Corlytics, based in Ireland, is a leader in regulatory risk intelligence, specializing in the analysis of enforcement data and regulatory information to support a more compliant financial system. Established in 2013, the company employs a multidisciplinary team of legal analysts, risk professionals, and data scientists to provide evidence-based insights that enhance regulatory planning and execution for stakeholders, including regulators and financial institutions. By utilizing a platform that combines artificial and human intelligence, Corlytics organizes and categorizes regulatory notices and internal data, enabling clients to identify potential risks and improve compliance. The company's mission is to foster transparency and stability in financial markets by empowering banks and financial entities to make informed decisions that mitigate avoidable compliance and operational risks. Through these efforts, Corlytics positions itself as a trusted strategic partner in the global financial landscape.

Silform Technologies

Venture Round in 2015
Silform Technologies is a customised clean burning Solid Fuel Systems.

Certification Europe

Venture Round in 2014
Certification Europe is an ISO accredited certification body that offers its users with certification, enterprise solutions, and training services for enterprises. Certification Europe provides a variety of inspection services to clients that includes micro-enterprises as well as multinationals, government departments, and state bodies. They certify organizations to international standards which are related to quality, environment, health and safety, energy, sustainable event management, business continuity, and IT security management. They also offer specific training schemes to guide organizations staff members towards ISO standards implementation within their company, through both public and tailored in-house programs. The clients of the company are Xerox, BRIDGESTONE, Vodafone, astellas, Bank of Ireland, GlaxoSmithKline, LARGO FOODS, KPMG, and Microsoft. Certification Europe is located in Ireland and it was founded in 1999.

DisplayNote Technologies

Series A in 2014
DisplayNote Technologies Ltd. is a software and app solution developer based in Belfast, United Kingdom, established in 2011. The company specializes in creating tools that enhance collaboration and sharing across various devices and platforms. Its flagship product, DisplayNote, provides a range of solutions for both educational institutions and enterprises. For education, it offers features such as screen mirroring, wireless presenting, personalized notes, student polling, real-time collaboration, and lecture capture. For enterprise users, it includes similar functionalities, emphasizing presentation capture and audience engagement through polling. DisplayNote is compatible with Windows, Mac OS X, iPads, and Android devices, making it accessible to a diverse global audience of schools and organizations.

Arralis

Seed Round in 2014
Arralis Ltd. designs and manufactures high frequency semiconductor chips for aerospace and security companies in Ireland and internationally. The company offers custom phased array antenna systems, micro and millimetre-wave technology systems, and test systems; and multi-stage MMIC devices and transmitter/receiver modules. It also provides sub-systems, including antenna systems, receivers, demodulators, signal processing systems, recording systems, and lawful IP monitoring systems; and space and aerospace test systems, high reliability components, communications test systems, and EMC test systems. The company was incorporated in 2013 and is based in Limerick, Ireland.

MPSTOR

Venture Round in 2014
MPSTOR Ltd. specializes in the development of storage and cloud management software solutions, primarily under the Orkestra brand. Founded in 2005 and headquartered in Bishopstown, Ireland, the company creates a range of products including a storage array management system, a software-defined storage framework, and a turnkey cloud management platform. These solutions are designed to enhance storage management with features like resiliency, security, and adaptability to diverse workloads. They can be deployed as standalone modules for original equipment manufacturers and system integrators or integrated with open-source cloud platforms such as OpenStack. MPSTOR’s technology, which includes its patented Virtual Block Store, aims to optimize storage services across shared hardware, thereby improving both operational and capital expenditure for its clients. The company also maintains offices in the United States and Taiwan and operates as a subsidiary of Sanmina Corporation.

AltraTech

Seed Round in 2014
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.

PicStash

Seed Round in 2014
PicStash provides an affordable public relations tool designed to enhance brand visibility while minimizing costs. The platform facilitates easy access for journalists to view the latest products and press releases, promoting efficient sharing both within Ireland and internationally. By streamlining the process of brand exposure, PicStash helps businesses effectively communicate their offerings to a wider audience.

TCAS Online

Seed Round in 2013
TCAS Online is a leading provider of Student Accommodation Management Systems in Ireland, controlling over 65% of the student bed market. Their software significantly reduces administrative overheads for universities, third-level institutions, and private operators by over 60% through automation and streamlined processes. Key features include mobile functionality for daily tasks such as inventory checks, maintenance management, and on-campus security, enhancing operational efficiency. The platform is highly configurable and can be deployed via SaaS or traditional licensing, catering to diverse accommodation types, including student housing and private rentals. Having established a strong presence in Ireland, TCAS Online has expanded into the UK market, successfully attracting clients in cities like Manchester and London. Their solutions enable clients to manage accommodation effectively, regardless of location or booking stage.

Tapastreet

Seed Round in 2013
Tapastreet is an SAAS platform that enables clients to discover and integrate high quality photo and video social content into their online platforms. The Tapastreet platform tracks what is happening anywhere in the world in real-time by topic or location via photos and videos uploaded to the social web. Tapastreet is available for Enterprise customers through a cloud platform and social gallery modules that can seamlessly integrate into their own web and digital platforms. A consumer service is also available for free on iPhone, iPad and Android.

Nines Photovoltaics

Seed Round in 2013
Nines Photovoltaics specializes in innovating the manufacturing process of photovoltaic (PV) solar cells, addressing the significant financial and environmental challenges associated with traditional methods. The company has developed a high-throughput dry etching process platform that operates at atmospheric pressure and eliminates the need for water and high Global Warming Potential chemicals. This technology enhances efficiency by enabling the use of thinner wafers and advanced cell concepts, while also facilitating high-volume inline production. By offering solutions that improve both the performance and scalability of solar cell manufacturing, Nines Photovoltaics aims to significantly lower the cost per watt of PV electricity generation. Their products are designed to serve manufacturers worldwide, promoting a sustainable and economically viable future for the solar energy industry.

Monford Ag Systems

Seed Round in 2013
The Grassometer is a device for capturing and sharing value added agricultural and related data. It uses the cloud and mobile technologies to support the delivery of sustainable and profitable production solutions for primary food producers, sports turf managers and other growers.

FeedHenry

Series A in 2013
FeedHenry provides a cloud-based Mobile Application Platform that enables the development, deployment, integration and management of secure mobile apps for business. The subscription-based Mobile Application Platform allows apps to be developed in standard web technologies (HTML5, JavaScript, CSS) and deployed across all major mobile devices and mobile web. In addition to development and public app store deployment, this end-to-end solution provides Enterprise app store distribution, server-side business logic and integration, secure connectivity to backend systems and full app lifecycle management and reporting.

Zinc software

Venture Round in 2013
Zinc software is an Irish technology company based in the national digital research center (NDRC) in the digital hub in Dublin. Its core team having come from MIT MediaLab combine over 40 years' experience in technology innovation. They believe that the future of preventative healthcare is in creating user experiences that engage and fulfill while at the same time being good for us. They are committed to building a profitable and thriving business while serving the greater good.

Amartus

Venture Round in 2013
Amartus helps connectivity businesses accelerate network transformation. We provide tailored software services for the IT & Telecommunications industry and develop solutions that enable our customers the transition from traditional networks towards the automated, software-defined infrastructures. Amartus' customers include network automation vendors, global connectivity hardware manufacturers and network and telecom operators. We're actively involved in MEF LSO activities, currently co-leading two MEF Lifecycle Service Orchestration projects. Our industry collaboration also covers standards groups, open source organizations and industry ecosystems, such as MEF, OpenDaylight, Intel Network Builders, ETSI, IISOMI, or TMForum. For more details please visit www.amartus.com.

SolarPrint

Venture Round in 2012
SolarPrint Limited develops and manufactures dye sensitised solar cell (DSSC) photovoltaic technology. Its technology is used in various consumer electronic products, such as portable devices, displays, marine applications, solar battery rechargers, sensors, and active radio frequency identification tags; building materials, such as roofing, skylights, and internal and external fecades; and transportation products. The company also supplies components, such as titania pastes, ionic salts, electrolytes, organic dyes, PET and PEN substrates coated with ITO, glass substrates with FTO, PET with micro grid conducting surface, and nano materials for making DSSCs. SolarPrint Limited was founded in 2008 and is based in Dublin, Ireland.

i360medical

Venture Round in 2012
i360medical Limited is a healthcare solutions and medical device innovation company based in Dublin, Ireland. Founded in 2012, the company connects healthcare professionals, clinicians, academia, and engineers to address unmet clinical needs and develop new medical device technologies. i360medical provides consulting services and inventor support to medical device companies, small and medium enterprises (SMEs), and entrepreneurs at various stages of development, including evaluation, concept, preclinical development, clinical trials, and commercialization. The company's comprehensive six-phase process aids in advancing medical device projects toward CE marking and FDA approval for markets in the US and EU. i360medical differentiates itself by offering specialized support across clinical, technical, academic, market, and financial sectors, leveraging its extensive network of industry experts and influential clinicians to promote and pre-sell innovative medical device initiatives.

In Hand Guides

Venture Round in 2012
In Hand Guides Ltd. specializes in the development of devices that provide customized audio content. The company offers a variety of audio players designed for tourism, enabling users to access information and promotions related to city guides and conferences. Additionally, it caters to the retail sector by providing audio guides and souvenirs, as well as facilitating event and corporate branding through informative audio content. In Hand Guides also focuses on health and lifestyle by delivering audio devices that communicate vital health information and promote lifestyle awareness, addressing issues such as obesity and diabetes. The company extends its services to audio production, including voiceover and translation in multiple languages. Established in 2005, In Hand Guides is headquartered in Crosshaven, Ireland.

Kinesense

Venture Round in 2012
Kinesense provide you with one platform to manage all your video investigation tasks, from capture to court. By combining our smart video search technology with easy to use reporting functionality, investigators can generate leads faster.

XINTEC

Venture Round in 2012
Xintec Ltd. specializes in providing software solutions primarily for the telecommunications industry, focusing on fraud management and revenue assurance. The company has developed a platform that enhances financial sustainability for fixed-line and mobile operators by safeguarding their brands against reputational damage and external threats. Key features of the platform include a comprehensive dashboard that supports call detail record (CDR) correlation, fraud detection, revenue optimization, and leakage detection. This enables telecommunications operators to identify and deactivate suspicious or potentially fraudulent activities promptly, thereby preventing financial losses and ensuring data integrity in billing and collection processes.

Wavebreak Media

Venture Round in 2012
Wavebreak Media Limited is a media company based in Ballincollig, Ireland, that specializes in producing and offering an extensive online library of royalty-free stock video footage, photography, 3D animations, and customizable templates. Founded in 2006, the company provides high-definition, broadcast-quality materials across various categories, including nature, business concepts, and lifestyles. Its platform serves a diverse clientele, including film production companies, web designers, and corporate marketing teams, who can instantly download content for use in web, broadcast, and other media productions. With a team of skilled artists, producers, and technicians, Wavebreak Media focuses on delivering quality visual content that meets the creative needs of its customers.

Nomos Software

Venture Round in 2012
Software vendor supplying technology for the API ecosystem. The technology powers developer support portals for banks.

Zolk C

Seed Round in 2012
Leaders in technology to deliver enhanced visitor experiences at tourism and heritage sites. in 2008 we won the Museums and Heritage award for use of technology on a tourism site with our handheld GPS mulimedia guide to the Culloden Battlefield.

Biocroí

Venture Round in 2011
Biocroà develops microplates for cell screening activities in drug discovery and research operations. The company was established in 2009.

Ikon Semiconductor

Venture Round in 2011
Ikon Semiconductor Ltd. is a fabless semiconductor company based in Dublin, Ireland, specializing in integrated solutions for the LED lighting industry. Founded in 2009 by two veterans of the semiconductor sector, the company focuses on developing innovative LED driver integrated circuits (ICs) tailored for the offline LED lighting market. By employing proprietary digital control techniques instead of traditional analog methods, Ikon Semiconductor aims to reduce costs while enhancing the performance of power electronics used in LED applications. Their product offerings are designed to ensure dimmer compatibility and achieve high power factor and ripple minimization. The company targets the residential retrofit lighting market and anticipates significant growth in demand for LED replacement lamps, with projections indicating a surge to 430 million units by 2013.

Biocroi

Seed Round in 2011
Biocroí Ltd is a tool-based SME developing a range of proprietary, IP-protected, advanced multi-well microplates and novel culture medium for the growth of cells in 3-D for use in: high content screening and analysis and cell-based assays. Their products are also being developed for the miniaturisation of siRNA assays, in-vitro toxicology assays, micro-ELISA diagnostics and in the cultivation of difficult-to-grow primary cells and stem cells. Biocroí products utilise a gel-based buffering system which leads to better control of the microplate environment and eliminates problems that conventional multi-well plates exhibit.

neoSurgical

Venture Round in 2011
neoSurgical Limited develops medical devices for laparoscopic abdominal surgery. The company's product neoClose, used to close laparoscopic wounds and prevent herniation complications. neoSurgical Limited was incorporated in 2007 and is based in Campus, Ireland.

FeedHenry

Seed Round in 2011
FeedHenry provides a cloud-based Mobile Application Platform that enables the development, deployment, integration and management of secure mobile apps for business. The subscription-based Mobile Application Platform allows apps to be developed in standard web technologies (HTML5, JavaScript, CSS) and deployed across all major mobile devices and mobile web. In addition to development and public app store deployment, this end-to-end solution provides Enterprise app store distribution, server-side business logic and integration, secure connectivity to backend systems and full app lifecycle management and reporting.

Radisens Diagnostics

Venture Round in 2011
The potential value of Point-of-Care Testing (PoCT) is well-established; especially in the US. However, the tests currently in use typically measure individual analytes with a wide diversity of instruments that are poorly connected with patient’s health records, providing frustration and inefficiencies for Health Care. With the increasing chronic disease epidemic (diabetes, heart disease, hypertension, kidney disease,), diagnostics at the bedside and in the physician's office are needed to close the linkage between diagnostics and therapies. However, no device offers a test menu that maps the complete chronic and acute disease pathways needed by physicians for informed diagnosis and monitoring. Radisens Diagnostics is developing a digital diagnostic device to perform routine chronic and acute tests needed at point-of-care in GP clinics, emergency rooms and outpatient departments. With initial chronic disease panels of diabetes + heart disease and hypertension + chronic kidney, the company’s roadmap includes panels for cell counting, cardiac and oncology targets. Its disruptive device platform integrates immunochemistry, clinical chemistry and haematology assays onto multiplexed test panels requiring only a drop of blood giving instant results. Its vision of placing diagnostic devices into every physician office and acute hospital setting for chronic / acute conditions will drive significant cost savings and enable performance based incentives required by insurers.

HYbrid Energy Solutions

Venture Round in 2011
Hybrid Energy Solutions Limited specializes in the development, manufacturing, and distribution of modular hybrid energy stations and lithium-ion battery energy storage systems. The company offers a diverse range of products, including uninterruptable power supplies, solar and wind power plants, DC generators, inverters, and self-powered telecommunications towers. It serves various markets, including telecommunications, data centers, community power, military applications, oil and gas sectors, and residential customers globally. Founded in 2006, Hybrid Energy Solutions is headquartered in Kilkenny, Ireland, with additional offices in Jacksonville, Florida, and Dubai, United Arab Emirates. The company focuses on providing off-grid power solutions, enabling clients to integrate renewable energy sources cost-effectively for both short-term and long-term needs.

DecaWave

Series A in 2010
DecaWave Limited is a fabless semiconductor company based in Dublin, Ireland, with additional offices in San Jose, California; Toulouse, France; and South Korea. Founded in 2004, DecaWave specializes in ultra wideband (UWB) technology, particularly for real-time location systems (RTLS) and wireless sensor networks (WSNs). The company has developed a complete, single-chip CMOS ultra wideband integrated circuit compliant with the IEEE802.15.4a standard, which supports various data rates. Its flagship product, ScenSor1, is a wireless transceiver designed for diverse applications, including manufacturing, healthcare, smart housing, security, transport, and inventory management. DecaWave collaborates with strategic partners like BlueCats and Here Technologies and serves multiple sectors, including consumer, industrial, and automotive markets. The company also provides software solutions for embedded networking and location services, positioning itself at the forefront of UWB technology innovation. As of February 2020, DecaWave operates as a subsidiary of Qorvo, Inc.

InishTech

Venture Round in 2010
InishTech provides Software Developers and Product Managers globally with code protection and licence management solutions to protect their most valuable assets and enable them to provide their customers with the ability to deploy and use their products in the most flexible manner possible. InishTech SLP is designed to enable independent software vendors (ISVs) and software development houses of any size to provide flexible, customer-oriented license and entitlement models to their customers. Specifically tailored for ISVs developing software applications with the Microsoft .NET framework, InishTech SLP is a platform for managing, packaging, licensing and selling software products in a way that encourages innovation, minimizes development effort, reduces development cost and maximizes profit.

BioAtlantis

Venture Round in 2010
BioAtlantis Ltd., a biotech company, engages in the development and production of nutraceutical ingredients for the plant, human, and animal markets in European Union, Asia, and South America. The company was incorporated in 2003 and is headquartered in Tralee, Ireland.

Sonru

Venture Round in 2010
Sonru is an online video technology company headquartered in the South East of Ireland with offices in the UK and Singapore. Sonru's award winning automated online video interview solution replaces first round phone and on-site interviews. Sonru has a global client and candidate reach and is expanding at a rapid rate. Sonru formally entered the UK market in January 2011. With an impressive conversion rate from product trial to adoption, Sonru clients are evangelical about the benefits this game changing technology has brought to their recruitment processes

ChipSensors

Venture Round in 2010
ChipSensors Ltd is a fabless semiconductor company founded in 2007, specializing in the development and production of advanced sensors using deep submicron CMOS technology. The company focuses on measuring temperature, humidity, and gases. ChipSensors is led by a team of experienced professionals with a strong background in analog and mixed-signal semiconductor design and manufacturing. In addition to its core sensor products, the company offers consultancy, training, and design services related to custom sensor analysis, sensor ASIC design, mixed-signal integrated circuit design, and wireless hardware and software reference designs.

ResourceKraft

Seed Round in 2010
ResourceKraft is a company based in Limerick, Ireland, founded in 2007, that specializes in technology-driven solutions for the electronics, computing, and energy sectors. The company offers the ResourceKraft Advisor, a computerized measurement and analysis system designed to monitor and analyze an organization’s energy and resource usage. This system employs sensors and advanced metering technology to gather data in real-time, enabling management and staff to identify inefficiencies and minimize waste. Through its innovative products, ResourceKraft aims to enhance energy efficiency and resource management for its clients.

Teamer

Venture Round in 2010
Teamer is a global leading sports technology platform used by 2 million active users across 50 geographies Teamer has a market leading position in the UK, Ireland and Australia and accelerating growth in Europe, the US & Canada. Teamer is changing the way grassroots sports is organized across sports teams, clubs and leagues with a market leading, free sports app that allows teams and clubs to organise, communicate and collect payments. Teamer recently launched localisations in French, German, Italian and Spanish to support it's growing user base in Europe and also now support mobile payments across it's iOS and Android apps. As a marketing platform Teamer connects brands to the sports clubs, teams, families and players out on the pitch every weekend. Market leading segmentation allows brands to accurately target their campaigns across the web, mobile and email by demographic information such as sport, gender, age and location - ensuring high performing campaigns delivered to the heart of the sports community.

MPSTOR

Series A in 2009
MPSTOR Ltd. specializes in the development of storage and cloud management software solutions, primarily under the Orkestra brand. Founded in 2005 and headquartered in Bishopstown, Ireland, the company creates a range of products including a storage array management system, a software-defined storage framework, and a turnkey cloud management platform. These solutions are designed to enhance storage management with features like resiliency, security, and adaptability to diverse workloads. They can be deployed as standalone modules for original equipment manufacturers and system integrators or integrated with open-source cloud platforms such as OpenStack. MPSTOR’s technology, which includes its patented Virtual Block Store, aims to optimize storage services across shared hardware, thereby improving both operational and capital expenditure for its clients. The company also maintains offices in the United States and Taiwan and operates as a subsidiary of Sanmina Corporation.

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.

Equiendo

Series A in 2009
Equiendo is a new and exciting Irish company that provide Intelligent software solutions to the mobile telecommunications industry. Founded in 2005, Equiendo has over 60 years of technical and managerial expertise in mobile communications and can draw from experiences from mobile operators in over 40 countries worldwide. EquiTraf is an exciting new product based on Equiendo's Intelligent software philosophy. EquiTraf is the first instalment from Equiendo's product roadmap, a roadmap designed using a new network management style, a style for the future.

Stokes Bio

Venture Round in 2009
Stokes Bio develops and distributes microfluidic technology to its clients. It was founded in 2005 and is based in Ireland. It was acquired by Life Technologies in 2010.

Therapie Clinic

Venture Round in 2009
Thérapie Clinic is an award winning aesthetic clinic that specialises in Botox, fillers, laser hair removal and skin treatments in Ireland, UK and India. We offer the most advanced, medical-grade laser hair removal technology on the market along with results orientated skin treatments.

Stokes Bio

Venture Round in 2008
Stokes Bio develops and distributes microfluidic technology to its clients. It was founded in 2005 and is based in Ireland. It was acquired by Life Technologies in 2010.

ChipSensors

Venture Round in 2007
ChipSensors Ltd is a fabless semiconductor company founded in 2007, specializing in the development and production of advanced sensors using deep submicron CMOS technology. The company focuses on measuring temperature, humidity, and gases. ChipSensors is led by a team of experienced professionals with a strong background in analog and mixed-signal semiconductor design and manufacturing. In addition to its core sensor products, the company offers consultancy, training, and design services related to custom sensor analysis, sensor ASIC design, mixed-signal integrated circuit design, and wireless hardware and software reference designs.

Straatum Processware

Series C in 2005
Straatum is the leading provider of real-time fault detection and classification solutions to the semiconductor sector worldwide. Fault detection and classification is seen as the foundation stone to meeting the advanced process control (APC) requirements long anticipated in the marketplace…"advanced process control is emerging as an essential ingredient of future wafer processing as necessary process performance challenges the limits of wafer processing equipment" Gartner June 2002.

QUMAS

Venture Round in 2005
QUMAS specializes in enterprise compliance management software, offering an integrated platform that standardizes and streamlines compliance tasks for organizations across various industries. The company focuses on delivering a closed-loop compliance model that allows enterprises to consolidate their compliance programs, significantly reducing costs and enhancing competitive advantage. With a strong track record in highly regulated sectors such as financial services and life sciences, QUMAS is well-equipped to support centralized compliance efforts for any organization. Its solutions help ensure adherence to a comprehensive range of global regulations, making it a valuable partner for businesses navigating complex compliance landscapes.

Farran Technology

Venture Round in 2003
Farran designs and produces its own millimetre-wave sensors which are vital to future portal development. It also designs and manufactures high performance microwave subsystems components for broadband wireless and imaging applications. It is one of very few companies outside the USA with high frequency design capabilities in this field.
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