IVCA Venture Pulse 2015 - Funds raised by Irish SMEs
€'000
TOTAL 2015
Disclosed
Undisclosed
Total
Q4 2015 VC Activity
482730
39318
522048
€k
Short Business Description
Investors
Accuflow
1000 Environmental Technologies: Provides software that allows consumers to manage their household
Privates
consumption of heat and water
Boxever
9400 Enterprise Software: Provides customer behavioral analytical software
Polaris, Frontline, Delta, EI
ChannelSight
3300 Business Software: Provides software that powers product buy buttons for the online retail sector
Nauta, AIBSUAF (ACT), EI
Civic Resource Group
900 Enterprise Software: Provides a cloud based platform for managing mobile data for public sector
Atlantic
customers
Bridge
Clavis Insight (Technology)
18200 Enterprise Software: Provides ecommerce analytics software to manage cross enterprise dataAccel-KKR,
quality
Delta, Privates
Davra Networks
1000 Enterprise Software: Provides software to monitor and manage network applications
Investec, Delta, AIBSCF (DBIC)
Endeco Technologies
100 Environmental Technologies: Provides an energy demand management system
AIBSUAF (ACT), Privates
Equiendo
500 Telecommunications: Provides intelligent software solutions for the global TelecommunicationsBOISESF
industry.(Kernel)
Hiri (Whittl Media)
910 Enterprise Software: Provides an email management tool
BOI SSUESEF (Delta), AIBSUAF (ACT), EI, Privates
Initiafy (Induction Manager/Ribeye)
250 Business Software: Provides an induction tool for HR managers
BOI SSUESEF (Delta), AIBSUAF (ACT), Privates
Inflection Biosciences
1620 Pharma/Bio: Developing molecular treatments for cancer
Fountain, Privates
MP Stor
630 Enterprise Software: Developing high density storage components for OEMs
BOISESF (Kernel)
Mobacar
2000 Business Software: Provides travel technology to the car rental business
Delta, Corporate
Monford AG
300 Agricultural Technology: Provides an ultrasonic sensor device that measures grass growth BoISESEF (Kernel), Corporate, Privates
Motorspecs
200 Business Software: Provides an online database of motor specifications
EI, Privates
Nuritas
2900 Health Technology: Developed a new cutting edge technology for bioactive peptide mining to New
enhance
Protein
therapeutic
Capital, Privates
food ingredients
NVMdurance
1400 Electronic Components: Provides flash memory optimisation technology for use in mobile devices
AIBSUAF (ACT), NV Partners, NDRC
OPSH
700 Business Software: Provides an online platform for women's retail fashions
EI, Privates
Orreco
1000 Business Software: Provides bio-marker technology and uses bioanalytics to help athletes devise
Privates
effective training regimes
PlusVital (Equinome)
2300 Medical Diagnostics: Provides genetic analysis to the equine industry
Privates
Poly-Pico Technologies
500 Medical Device: Provides technology for low volume dispensing using sound energy
BOISESEF (Kernel)
SaltDNA
2700 Communications Technologies: Provides an encrypted mobile messaging system
Accomplice
SiriusXT
1360 Electronic Component: Provides a soft xray microscope that produces images using laser technology
BOI SSUESEF
for use
(Delta),
in research
AIBSUAF
laboratories
(ACT), EI, Privates
SticherAds (Betapond)
400 Business Software: Provides media based marketing products for social network platforms Investec, Delta, BoISESF (Delta)
Swrve
19075 Business Software: Designs and supplies software for the games market and the mainstream EM
server
Partners,
marketISIF, Acero, Atlantic Bridge, AIBSCF (EE), EI, Privates
Syncrophi Systems
250 Medical Software: Provides patient monitoring and data collection technology
WIF, Privates
Tapastreet
150 Business Software: Provides a platform using GPS technoloy that facilitates uploading photos/videos
BoISESEF
to (Kernel),
social media
Privates
sites
TCAS Online
475 Business Software: Provides software to manage student accomodation
BOISESEF (Kernel), Privates
TouchTech Payments
300 Fincial Technology: Provides an app that enables an authentication platform for mobile payments
Angels
Versa (ePub Direct)
130 Business Software: Provides online publishing software
Investec
Vivasure
525 Medical Devices: Designs and manufactures a vascular closure device
Fountain
Waratek
6000 Enterprise Software: Developing virtualisation technology for the optimisation of cluster based
Privates
computing systems
War Ducks
450 Gaming Software: Provides a game on mobile devices for females
EI, Privates
Way2Pay
500 Financial Technology: Provides an app based payment system for parents and schools
Privates
Wazp
650 Business Software: Provides process logic for 3D printing, locates at or near the point of need.
Privates
WholeWorldBand (Series )
2000 Business Software: Provides a virtual music studio accessable via mobile devices
IIU, Balderton, DGZ
Zeto
600 Electronic Components: Provides a multi-vendor management solution for the global commercial
BOISESEF,
refrigeration
Simple
industry.
Green
Undisclosed
22269
Advisors
Maples, William Fry
William Fry
William Fry, Maples, ByrneWallace, BDO
William Fry
Mason Hayes & Curran, William Fry
William Fry
William Fry
ByrneWallace, William Fry
Beauchamps, William Fry
Maples
Beauchamps
William Fry
WhitneyMoore, William Fry
ByrneWallace, William Fry
William Fry
William Fry
Eugene F Collins, A&L Goodbody
Beauchamps, William Fry
106944
Q3 Activity
€k
Algae Health
AMCS
AventaMed
Civic Resource Group
Drop
Ferfics
Flowlens
Glofox
210
45000
1300
1350
500
450
750
500
Short Business Description
Investors
Pharma/Bio: Produces compounds for nutraceutical, food and cosmetic applications
WIF, Privates
Environment: Supplies waste management and recycling technology such as identification, weighing
Insight, ISIF
and vehicle location
Medical Devices: Provides an ENT device for inserting grommets without surgery
EI, Angels (Irrus/MedTech/Boole/Forum)
Enterprise Software: Provides a cloud based platform for managing mobile data for public sector
Atlantic
customers
Bridge, Privates
Consumer Technology: iPad connected digital baking scale hooked up to a recipe platform Frontline, WI Harper
Electronic Components: Developing microchip components for mobile phones and wireless devices
Investec, BoISESF (Delta), Privates
Enterprise Software: Provides an information and accounting system for SMEs
Crescent
Business Software: Provides mobile software to manage a fitness business
EI, Privates (Growing)
Advisors
Maples, William Fry, PwC
Maples, William Fry
Philip Lee
Heart Metabolics
Intercom ("C")
Jobbio
Mobacar
Neuromod (MuteButton) ("A")
Rubicoin
SticherAds (Betapond)
SwiftQueue
Vivasure
Undisclosed
13560
31200
1435
500
5500
775
600
550
400
3640
Pharma/Bio: Developing drugs for the treatment of cardio-metabolic diseases
Seroba Kernel , VenBio, Brandon Capital, AshHill Pharma
ByrneWallace
Communications Technologies: Provides to web and mobile based business a single, integrated
Iconiq,
platform
Bessemer,
for theThe
whole
Social
company
+ Capital
to use
Partnership,
for support,
Privates
marketing, product, and sales communication
Business Software: Provides an online multi-media recruitment platform
AIBSCF (DBIC), Privates
Mason Hayes Curran, Beauchamps
Business Software: Provides travel technology to the car rental business
Delta, Corporate
Beauchamps, William Fry
Medical Device: Developed a device to treat chronic Tinnitus
Fountain
ByrneWallace
Financial Software: Provides a mobile app for share dealing
Angels (Fintech Forum)
Maples
Business Software: Provides media based marketing products for social network platforms Investec, Delta, BoISESF (Delta)
WhitneyMoore, William Fry
Medical Software: Provides a platform that enables patients to book HSE appointments onlineBOISESEF (Kernel), EI
William Fry
Medical Devices: Designs and manufactures a vascular closure device
WIF, Fountain, Ascend Bio, OMV, Privates
Eugene F Collins, A&L Goodbody
108220
Q2 Activity
€k
Active Mind Technology (Imee Golf)
3D4Medical
Altan Pharma
BrandTone
Brim Brothers
Cesanta Software
Circle
Corlytics
Cubic Telecom
CurrencyFair
Decawave
Effective Software
Endeco Technologies (Wirelite)
Fenergo
Guide Central
Healthbeacon
Homestay.com Technologies
Innocoll
Konnectagain
Love & Robots
Mobacar
Neuravi
NewsWhip
Nuritas
Openhydro
Playertek
Pointy
PQ Bypass
Propertygate
Rainmaker
SticherAds (Betapond)
Swerve
Undisclosed
1200
15050
41300
6500
100
105
45500
1000
18000
500
4000
700
500
9500
925
250
2900
3200
300
300
350
10700
1550
115
4800
1000
1100
4700
400
350
300
1900
7982
Short Business Description
Investors
Advisors
eLearning Software: Provides an online coaching system for golf professionals
ACT, AIBSCF (EE), Seagate, Crosslink, Venture51
William Fry
Medical/Health Software: Develops medical, educational, health and fitness apps
Malin
ByrneWallace, A&L Goodbody
Pharma/Bio: Produces injectable speciality pharmaceuticals
Malin, Intl. Privates
ByrneWallace, A&L Goodbody
Telecoms Software: Develops mobile phone marketing systems
Ares, Syngenta, Verlinvest, Vision+ Finish, Unilever
Health Technology: Provides wearable sensors (power meter) for cyclists
Privates (Growing)
Philip Lee
Communications Technologies: Developing and distributing embedded network communication
Angels
software
(Boole)
William Fry
Financial Software: Provides mobile apps that enable online and in person payments
Goldman Sachs, IDG, Breyer, Accel, General Catalyst, Oak, Pantera, Digital Currency
Cox Group, Fenway Summer
Financial Software: Provides software to global financial institutions that identifies avoidable losses
BOISESF
and/or
(Kernel),
finesEI, Angels (Forum), Privates
Telecoms Software: Provides software technologies to mobile network operators and OEM device
Audi manufacturers
Electronics, Corporate
KPMG, William Fry
Financial Software: Provides a system that facilitates peer-to-peer foreign exchange transactions
Draper Esprit
Maples, BDO
Electronic Components: Fabless semiconductor company providing chips for wireless sensors
Angels (Forum), Privates
Business Software: Provides a tailored platform that manages compliance functions for a range
AIBSUAF
of industries
(ACT), EI, Angels (Bloom/Boole)
William Fry
Environmental Technologies: Provides an energy demand management system
Angels (Forum), Privates
Mason Hayes & Curran, William Fry
Financial Software: Provides software used to manage the regulatory process for lenders
Insight
William Fry
Consumer Software: Provides a platform to access "how to.." for crafts and hobbies
EnZyme, NXTp.Labs, South Ventures, EI,Angels (Forum), Privates
Medical Device: Provides patients at home with a tool that monitors treatment compliance andEIsafe disposal of injectables
ByrneWallace
Business Software: Provides web based accomodation portal
Delta, Privates
William Fry
Bio/Pharma: A specialty pharmaceutical company that manufactures collagen based medical Fountain
devices and drugs products
Business Software: Provides a platform to connect institutions with their alumni
Angels (Forum), Privates
Consumer Software: Provides a design platform and 3D printing of novelty products
Frontline, EI
Business Software: Provides travel technology to the car rental business
Delta
Beauchamps, William Fry
Medical Devices: Develops and manufactures a minimally invasive interventiional neurologicalLife
device
Sciences Partners, Fountain, Delta, WIF
William Fry
Business Software: Provides news and content signalling and aggregation services
AIBSCF DBIC), Meridian Growth, Matter, Corporate, Angels, Intl. Privates (500 Startups,
Mason Social
Hayes Starts
Curran,3),Maples
Privates (Tribal.vc, Other)
Health Technology: Developed a new cutting edge technology for bioactive peptide mining to NDRC
enhance therapeutic food ingredients
Environmental Technology: Provides tidal turbine technology for use in power generation
Sustainable Dev. Cap. Canada
ByrneWallace
Health Technology: Provides wearable training technology for amateur sports
Privates
Retail Technology: Provides a scanning device that loads up retail products online
Intl. Privates
Medical Devices: Developing advanced bypass proceedure to treat peripheral arterial diseaseSeroba Kernel, Ascent Biomedical, Corporate, Tag
Maples
Business Software: Provides online property management software
Angels (Bloom), Privates
Business Software: Provides intelligence and performance reporting software tools to the airline
Investec
industry
William Fry, ByrneWallace
Business Software: Provides media based marketing products for social network platforms Investec, Delta
WhitneyMoore, William Fry
Business Software: Designs and supplies software for the games market and the mainstream Acero,
server Atlantic
market Bridge, AIBSCF (EE), Privates
ByrneWallace, William Fry
187077
Q1 Activity
Ampliphae
Barricade Security Systems
BoxFish
Cesanta Software
Clever Cards (Clever Bug)
Cognito
CurrencyFair
Exergyn
Fishtree
Genable Technologies (Optigen)
Homestay.com Technologies
Iconic Software
Inflection Biosciences
Jobbio
KoModoMaths
€k
650
1050
2000
800
1500
650
8400
850
1200
1000
750
430
725
225
300
Short Business Description
Investors
Telecoms Software: Provides defined network sysyems
Crescent
Business Software: Provides cyber security software for online businesses
Frontline, Intl Privates, Privates (Tribal.vc)
Business Software: provides an analytics platform used to facilitate TV viewing
Atlantic Bridge, Tventures, Naya
Communications Technologies: Developing and distributing embedded network communication
AIBSUAF
software
(ACT), EI, Privates
Business Software: Provides web based printing software
Delta, Privates
Business Software: Provides a HRM performance management tool
EI
Financial Technology: Provides a system that facilitates peer-to-peer FX transactions
Octopus, Frontline
Environmental Technologies: Provides a technology that converts waste heat into electricity Privates
eLearning Software: Provides a personalised adaptive learning platform to the IT and education
New
sectors
Markets, Corporates
Pharma/Bio: Developing disease supression using gene therapy
Fountain Healthcare, Delta
Business Software: Provides web based accomodation portal
Delta, Privates
Business Software: Provides CRM technology
EI, Angel (Bloom/Boole), Privates
Pharma/Bio: Developing molecular treatments for cancer
Privates
Business Software: Provides an online multi-media recruitment platform
MXC
eLearning Software: Provides online maths training for children
Clarendon, Angel (Halo NI), Privates
Advisors
William Fry
William Fry
William Fry
BDO
Beauchamps
A&L Goodbody
William Fry
Mason Hayes Curran, Beauchamps
Linked Finance
Metabolomic Diagnostics
Mobacar
Mobile Report
Movidius
NeoSurgical
NiSoft
Novate Medical
Orreco
PennyOwl
Perseus Telecom
Profector Life Sciences
Qstream
Rapt Touch
Silform Technologies
SilverCloud Health
Swerve
TerminalFour
Veronica's Snacks
Veryan
Vivasure
Wirelite Sensors
Usheru
Undisclosed
2500
750
400
350
22900
5100
1400
3685
1000
1200
18600
2000
2300
3700
2400
1300
1800
1150
465
19200
1250
200
200
5427
119807
Financial Technology: Provides a platform that facilitates peer-to-peer lending for SMEs
Frontline
Maples
Medical Diagnostics: Developing technology to provide predictive diagnosis of preeclampsia in
AIBSCF
early pregnancy
(EE), SoS, EI
Business Software: Provides travel technology to the car rental business
Delta
Beauchamps, William Fry
Business Software: Provides web based software for onsite surveys used in project management
Clarendon, Angel (Halo NI), Privates
Electronic Components: A fabless semiconductor company for moblie video editing and post Summit
production
Bridge,
capabilities
Arch, Corporate, Atlantic Bridge, DFJ Esprit, Robert Bosch, Capital
William
E, Oyster,
Fry, Venture
AIBSCFLaw,
(EE),Maples
Privates
Medical Devices: Designs and delivers minimally invasive devices for use in laparoscopic surgery
SAIG
ByrneWallace
Business Software: Provides customised safety and compliance software to utility and process
Crescent
industries
Medical Devices: Developing a degradable (no retrieval) IVC filter for implantation to prevent Pulmonary
Seroba Kernel,
Embolism
Omnes Capital, ACT
William Fry
Business Software: Provides bio-marker technology and uses bioanalytics to help athletes devise
Privates
effective training regimes
eLearning Software: Provides early learning money management skills for children
Corporate, EI, Privates
Maples
Communications Technologies: Provides high speed telecommunications for online trading platforms
Goldmanincluding
Sachs exchanges and banks
William Fry
Electronics: Provides a research device for the Biotech industry
Corporate, Privates
ByrneWallace
Business Software: Provides mobile sales enablement and analytics for driving high-performance
Frontline,
teams,
Excel Ventures
Electronic Components: Provides multitouch screen technology for consumer electronic devices
Coporate
William Fry
Environmental Technologies: Provides a technology based engineering platform for waste conversion
BOISESF (Kernel), INI, Privates
Medical Software: Provides a B2B online health and wellness e-therapy platform
Investec, AIBSCF (DBIC), NDRC, EI
William Fry
Business Software: Designs and supplies software for the games market and the mainstream Acero,
server Atlantic
market Bridge, Intel, AIBSCF (EE), Privates
ByrneWallace, William Fry
Enterprise Software: Provides web content management software
Investec, AIBSCF (DBIC), EI
ByrneWallace, LK Shields, Wm Fry
Food: Provides specialist snack foods
AIBSCF (EE), EI, Angel (Boole), Privates
Medical Devices: Developed "Biomimics" a 3D stent product used to treat vascular disease Seroba Kernel, Imperial Innovations, Invesco, Seven Mile
Taylor Wessing
Medical Devices: Designs and manufactures a vascular closure device
WIF, Fountain, Ascend Bio, OMV, Privates
Eugene F Collins, A&L Goodbody
Environmental Technologies: Developing energy management software using wireless technology
AIBSCF (DBIC), AIBSUAF (ACT), Privates
Business Software: Provides an app that focuses on promoting local entertainment offers
Privates
William Fry, Maples, ByrneWallace, BDO