News – Archive

13th September 2012
Almotech, a Galway company has designed a new music system for retailers that will allow them to take control of the music played, and drop in commercials. WHAT DO lifts, supermarkets, hotel... Read more »
27th August 2012
OSTEOPOROSIS IS a potentially serious disease that is frequently under diagnosed and consequently under treated. It mainly affects postmenopausal women, but can also affect men. A typical... Read more »
13th August 2012
A research group at RCSI is developing an implantable mixture of two materials naturally found in bone – collagen and hydroxyapatite – with a microstructure that encourages the body to grow bone... Read more »
24th June 2012
SurgaColl, a spin-out of the Royal College of Surgeons in Ireland (RCSI), has closed a €2 million syndicated investment round involving AIB Seed Capital Fund, Harmac Medical Products, Enterprise... Read more »
11th March 2012
Irish software company Enverian, which develops systems for the energy sector, has announced a €1m equity investment which will result in the creation of 18 high level IT jobs. The investment... Read more »
2nd March 2012
Enterprise Equity Venture Capital Group was a Gold Sponsor, Participant and Judge at the Google Start-Up Weekend which took place on 2nd March 2012 - 4th March 2012 in Dublin. Contestants... Read more »
23rd February 2012
Limerick based green technology company Manage CO2 has received a significant boost with news it has raised €600,000 in venture capital funding. The investment from Enterprise Equity Venture... Read more »
23rd February 2012
Dublin, London and San Francisco based company Polecat has completed a funding round of €850,000 to accelerate the expansion of its operations. The funding has been secured from three... Read more »
11th December 2011
The AIB Seed Capital Fund is to give €50,000 seed capital for one participant on the Genesis Enterprise Programme, based at Cork Institute of Technology’s Rubicon Centre, helping them take their... Read more »
11th November 2011
An INTERACTIVE ENTERTAINMENT publisher Ideal Binary has closed a €750,000 investment round which will see games industry veteran Barry O’Neill assume the role of chief executive. Ideal Binary... Read more »
18th October 2011
RedMere today announced it has surpassed sales of one million units of its active self-powered booster modules for HDMI cables. RedMere’s patented active cable technology, now adopted world-wide by... Read more »
22nd August 2011
Vention acquisition of Ansamed adds specialty extrusions and catheter systems company with a strategic European presence. Ansamed, Ireland’s premier provider of advanced medical extrusions and... Read more »
20th August 2011
Irish company Phorest, the fastest growing online booking system for beauty salons in the UK and Ireland, has completed a funding round of €1.3 million to accelerate the expansion of the... Read more »
5th August 2011
When the Rubberbandits sing about their “horse outside”, they may be giving horse owners some good advice. Competitive and thoroughbred horses are prone to respiratory problems, due to the... Read more »
5th August 2011
ENTERPRISE EQUITY Venture Capital is on track to invest in more companies this year than the 13 it funded in 2010 through the €53 million AIB Seed Capital Fund, which it co-manages. The fund... Read more »
23rd June 2011
A DUBLIN firm which has developed a ground-breaking test for predicting the risk of hip fractures by analysing toenail clippings has secured funding of €1.5 million. Crescent Diagnostics, which... Read more »
23rd June 2011
Crescent Diagnostics Ltd, (“Crescent”) a developer of novel tests for predicting osteoporotic fracture risk, has raised Euro 1.5 million to support the development of BQT®, a predictive test for... Read more »
3rd June 2011
SMARTGRID technology firm FMC-Tech has been sold to General Electric, in a move expected to result in rapid growth of the business in overseas markets. The Shannon-based company said the value of... Read more »
19th April 2011
GALWAY UNIVERSITY Hospital (GUH) is participating in what has been billed as the “world’s first” trial of a new catheter design which reduces the risk of infections. Early this month, a... Read more »
7th April 2011
Do's and Don'ts Presentation at the Annual IntertradeIreland VC Conference - 7th April 2011 1. Do your homework First impressions count so before approaching a potential investor – make sure... Read more »
11th February 2011
SOFTWARE LICENSING firm Inishtech, 3D printer maker Mcor Technologies, chip designer Movidius and social network tool Skillpages, are the four companies which have been shortlisted for the Irish... Read more »
6th February 2011
Tunepresto is a big idea in a very small package. Upload your video, and Tunepresto scans the images to analyse the tone and content, combines that with your choice of music style and automatically... Read more »
27th January 2011
CORK-based technology company, Sensl Technologies, has attracted €1.5m in new funding — led by a €500,000 investment by the AIB Seed Capital Fund. The remaining €1m came from additional... Read more »
26th January 2011
In its end of year review for 2010, the AIB Seed Capital Fund, an AIB / Enterprise Ireland partnership, has reported 13 new investments in new and existing investees. This brings to over 40 the total... Read more »
17th December 2010
Eight years of R&D are starting to pay off for FMC Tech, a Shannon-based company whose smart grid technology has won backing from US industrial giant GE. The Irish companys electricity network... Read more »
25th November 2010
Ferfics, a Cork based company specialising in the development of components for mobile phones and wireless devices, today announced it has secured €1.7 million of new equity funding. 30 jobs... Read more »
30th September 2010
Movidius, the award-winning mobile multimedia processing specialist, today launched Myriad 3D, its landmark mobile 3D imaging and video platform. Myriad 3D is the first platform in the world to be... Read more »
19th May 2010
Mobile video specialist Movidius today announced that it has secured US$7.5 million in Series B investment. The funding round has been concluded with existing shareholders including Celtic House... Read more »
16th March 2010
Redmere, the leading supplier of smart active cable solutions, received the 2010 ITLG/Irish Times Innovation Award presented by the Irish Technology Leadership Group (ITLG) at a ceremony hosted by... Read more »
16th December 2009
Tánaiste and Minister for Enterprise Trade and Employment launches new €23 million expansion to the AIB Seed and Early Stage Equity Fund supported by Enterprise Ireland The newly expanded ... Read more »
10th December 2009
RedMere, the leading supplier of smart active cable solutions, has secured US$5.6 million in Series “B” funding which was led by Celtic House Venture Partners, Toronto. The round follows major... Read more »
27th October 2009
Merit Medical Systems, Inc. (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and gastroenterology procedures, announced... Read more »
13th October 2009
Fund to Invest in Start-up and Early Stage Businesses in Ireland Dublin, Ireland – October 13, 2009: IBM (NYSE: IBM) today announces the five finalists who will compete at SmartCamp 2009 an... Read more »
8th September 2009
Cambus Medical announced today the creation of over 60 new jobs at their medical device company in Spiddal, Co Galway bringing the total workforce to over 85 people. The jobs will be created over a... Read more »
17th May 2009
Irish software firm Visor has won a major deal with Deloitte Australia and is about to embark upon a second fundraising round. The deal will see the accountancy and consultancy multinational sell on... Read more »
16th March 2009
Monster and Redmere Announce "Smart" Ultra-Thin HDMI™ - Certified Consumer Electronics Cables --New Ultra-Thin Cables Will Feature Redmere's MagnifEye® Active Chip Technology, Providing 10.2... Read more »
6th February 2009
ACCOUNTSIQ, A Dublin start-up, has had considerable success in the crowded accountancy software space by providing a package that enables accountants to easily collaborate with their clients. The... Read more »
25th January 2009
Dublin company Movidia may be pre-revenue, but already it is being tipped for start-up success in a turbulent market. The company is gearing up to bring its mobile video processor technology to... Read more »
25th January 2009
Chip design solutions firm Duolog has become the first Irish high-tech company to get involved in the mergers and acquisitions market this year, with its purchase of British based design automation... Read more »
25th January 2009
Just over three years after starting his technology firm, Sean Mitchell is facing into 2009 with money in the bank, a completed product and big plans for the future. Mitchell is co-founder and... Read more »
25th January 2009
In a busy week, Irish technology firm Duolog Technologies has previewed a new silicon design product and completed the acquisition, for an undisclosed cash and equity sum, of British-based competitor... Read more »
15th January 2009
High performance, low-power design meets demand for UGC capabilities for mobile social networking Movidia today announced the launch of its premier product the MA1110, a multimedia processor for... Read more »
9th January 2009
Almotech Ltd was formed in November 2007, when Almotech Ireland formed a partnership with US company AMI Entertainment. Established in Galway by Vivian Dooley and Patrick O'Connor, Almotech... Read more »
23rd December 2008
While the arrival of the Volvo Ocean Race in Galway next June will bring over €43m to the local economy, business has already rolled in as the Irish Green Dragon team has selected an online... Read more »
30th November 2008
Semiconductor firm RedMere Technology has raised $7 million in funding, bringing total investment at the firmto about $20 million. The company’s vice-president of business development, Chris... Read more »
26th October 2008
Movidia, the mobile video processor company, announced today that it had secured over US$14 million in Series A funding. Dublin start-up Movidia has secured over $14 million (€11 million) in Series... Read more »
21st October 2008
Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan T.D. today, Tuesday 21 October 2008, announced that Clare based company Async Technologies are to invest €2.4million with... Read more »
19th October 2008
Duolog, the Dublin-based developer of chip design solutions, has raised €1.1 million in funding over the past year which it is using to finance expansion into new markets and complete a refocus of... Read more »
17th October 2008
Movidia secures funding to enable budding "Spielbergs on the move" Movidia, the mobile video processor company, announced today that it had secured over US$14 million in Series A funding.... Read more »
12th October 2008
Kerry firm Donseed has its sights set on far-flung markets, with plans to begin selling to the Middle East from next year. The company already has its web-based workplace management system up and... Read more »
12th October 2008
By the time Irish start-ups approach venture capitalists in search of funding, most are well established with some private investment already in the bag. According to Gary Carroll, Chief Executive... Read more »
22nd June 2008
Duolog Technologies has begun an international expansion with the opening of a new sales,marketing and support office in Los Gatos, California. The firm, which has its headquarters in University... Read more »
17th February 2008
Galway based IT firm Celtrak has raised €1.5 million in a new funding round led by Egis, a French engineering company. Egis provided €1million of the total raised, while the balance came from... Read more »
17th February 2008
Software-as-a-service (SAAS) provider NitroSell, which enables retailers to integrate their traditional shop-based sales channel with a web store, is closing a funding round of almost €600,000 and... Read more »
1st February 2008
Tralee technology company Donseed is set to grow rapidly following a €1.2 million investment that has been led by the new AIB Seed Capital Fund. The six-person company plans to create 26 new... Read more »
1st February 2008
Tralee-based IT company Donseed has raised €1.2m and is planning to create 26 new jobs over the next two years. Enterprise Ireland and the AIB Seed Capital Fund are supporting the investment, which... Read more »
4th January 2008
Semiconductor company RedMere Technology will be the sole Irish representative exhibiting at the Consumer Electronics Show (CES) in Las Vegas next week. CES is the world's largest trade show for... Read more »
29th July 2007
Desmond-backed venture firm tops funding league with €28.5m Irish companies received more than €67 million from Enterprise Ireland-backed investors last year - and more than €250 million... Read more »
2nd July 2007
Minister for Enterprise Trade and Employment, Micheál Martin T.D Launches Enterprise Ireland Supported €30m AIB Seed Capital Fund Fund to Invest in Start-up and Early Stage Businesses in... Read more »
15th May 2007
Due to expansion, Vysera Biomedical — a Galway based medical devices company involved in gastrointestinal disease treatment — recently relocated from the Business Innovation Centre at NUI Galway... Read more »
8th April 2007
The recent completion of a €1.5 million round of funding by Cork-based company NitroSell brings to over €3.8 million the total amount raised by the company since its establishment in... Read more »
1st April 2007
Enterprise Equity, a venture capital firm that backs companies in he regions, plans to step up its activity after investing €5.5 million in 14 companies in the past 18 months. Conor O’Connor,... Read more »
12th October 2006
RedMere Technology, a Louth firm developing chips for high-definition television, will launch its first products next year after raising $8.2 million from investors. Peter Smyth, the founder and... Read more »
10th September 2006
Duolog, a Dublin firm that develops technology for mobile phones and other wireless devices, is targeting the United States in a bid to triple its revenue to €15 million in three years. The... Read more »
4th September 2006
SWIFT Fine Foods, an Irish supplier of prepared meals, has won this month's Ulster Bank Invoice Finance Business Achievers Award. Founded in 2001, Swift Fine has developed and markets a range of... Read more »
20th November 2005
The Datacare Software Group has a client list any company would be proud of: Coca-Cola, Shell, Ford, Morgan Stanley and Walmart are all customers. What makes its roll call of blue-chip firms... Read more »
14th August 2005
Celtrak, a small Galway firm that has developed vehicle tracking technology, has raised €1.2 million from investors. Enterprise Equity, the venture capital firm that invests in companies in the... Read more »
29th June 2005
A CORK-BASED forestry research company has scooped a major European industry award for the development of image processing technology to assess forest crop attributes. Treemetrics will share the... Read more »
23rd June 2005
An additional €6 million in funding is being made available to emerging technology and science companies in the South. Enterprise Ireland and Enterprise Equity Venture Capital Company are each... Read more »
13th June 2005
Enterprise Ireland and Enterprise Equity Venture Group to invest €3m each. A decision by the Department of Enterprise, Trade and Employment to provide an additional €6m in additional capital... Read more »
3rd May 2005
Enterprise Equity Venture Capital Group have opened a new office in Cork to coincide with the announcement that it is to extend its remit from the Border, Midland and Western regions to include the... Read more »
6th June 2004
NeutekBio, the Galway biotechnology company, plans to expand and bank its first revenues by the end of the year after raising €1.8 million from investors. Frank O'Keeffe, the chief executive of... Read more »
11th April 2003
Backed by Enterprise Ireland and Enterprise Equity Venture Capital Group in Public Private Partnership Galway, Friday 11th April 2003: In a boost for the BMW (Border, Midland and Western) region,... Read more »