VT Electron, an innovative Irish Internet of Things (IoT) startup founded by alumnus Mark Bannon, has been acquired by US multinational Analog Devices. The company previously secured over $5 million from backers that include BVP, Colm Lyon (Realex Payments and Fire), and Patrick Joy (Suretank) and valued at €14 million in 2023. Read more on atuihubs.ie or businesspost.ie.
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Founded by Erica Herwood, VerbaNexa offers personalised, therapist-informed support plans to help parents guide their child’s development at home. Read more at advertiser.ie.
Alumna Ann-Marie Gavin is founder of AMG Optimus, which has developed an AI-powered voice-to-text app for tradespeople and small businesses to generate quotes, invoices, and materials lists. Read the interview on mayonews.ie.
Co-founded by New Frontiers alumna Sorcha O’Grady, the compliance software business TruckScience is targeting revenue of €2 million this year. Read more on businesspost.ie.
Co-founded by Matthew Conlon, cybersecurity startup Cytidel is aiming to raise a €2 million seed funding round this year ahead of its Series A round in 2026. The company currently employs 14 people and has raised €1.3 million to date. Read more on businesspost.ie.
Congratulations to Emma Meehan, founder of Galway-based sports tech and digital health firm Precision Sports Technology. The startup has won the KPMG Global Tech Innovator (GTI) Ireland final and will now represent Ireland at the global competition in Lisbon this November.
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ByoWave's Proteus Controller is like ‘Lego for video-game controllers'. The company has just raised €1.5 million to bring its product to market, with a second tranche to come later. Read the story on irishtimes.com.
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Advertising platform Buymedia is expanding its workforce in Galway with plans to create 100 highly skilled new roles. The startup was founded in 2015 by Fergal O’Connor. See more on siliconrepublic.com.
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Elaine Kennedy's skincare brand, Hawthorn Handmade Skincare, began after she became interested in crafts when her sister bought her a book on craft-making in her teens. Read the interview with westernpeople.ie.
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Overall exports by client companies of Enterprise Ireland grew by 19% last year, with significant growth in both Eurozone and UK exports. Read more on siliconrepublic.com.
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Byowave, a company that makes computer games controllers for people with disabilities, has raised €2.4 million from a number of seasoned investors, including Halo Business Angel Network, Enterprise Ireland and Irrus Investments. Read more on businesspost.ie.
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Huge congratulations to all the New Frontiers alumni who took home a National Startup Award this year: Gold (Early Stage Tech): Heidi Davis - Identify Her; Bronze (Early Stage Tech): James Power - Agri Guardian; Gold (Tech): Pierce Dargan - Equine MediRecord; Silver (Emerging Tech): Emma Meehan - Precision Sports; Bronze (Emerging Tech): Stephen O'Dwyer - Trojan Track; Gold (eCommerce/Retail): Alan Power - SizeWise; Bronze (eCommerce/Retail): Erica Hargadan - Babogue; Gold (Social/Sustainable): Aisling Kirwan - Positive Carbon; Gold (Food/Drink): Gráinne Mullins - Gra Chocolates; Silver (Food/Drink): Aisling Cullen - Thank Plants; Gold (Fintech): Alva Horgan - Valid8me.
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Located in the ATU Galway iHub, New Frontiers past participant ByoWave wins €100,000 InterTradeIreland Seedcorn competition. Congratulations to the team!
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Emma Meehan, founder of Precision Sports Technology, was interviewed by irishtimes.com. Her start-up’s real-time analysis of fitness training removes the need for personal trainers to supervise client’s form during workouts.
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Tr3dent, the Galway-based tech company, is targeting $100 million in annual revenues within five years as part of a plan which involves an unusual element: a public listing on a Canadian stock market: businesspost.ie.
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Matt Conlon and Conor Flannery are developing a system that would close the threat gap and streamline the workload for security teams swamped by the demands of manually reviewing thousands of weak spots in IT networks: irishtimes.com.
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ByoWave, a Galway tech start-up aiming to make gaming more accessible, has bagged €100,000 as overall winner of the 2022 InterTradeIreland Seedcorn competition: siliconrepublic.com.
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Congratulations to Contego Sports, which was among 65 companies to receive funding of over €360 million via the first European Innovation Council (EIC) Accelerator, for which more than 2,700 applications were made.
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New Frontiers alumnus, Dr. Barry Flannery, is the founder of Xerotech - a company that electrifies construction equipment, mining equipment, agricultural machinery, and other non-road mobile machinery. They are expanding their team to 70, with plans to build a European gigafactory in rural Galway. Read more on siliconrepublic.com.
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