It is a challenging time for start-ups seeking to raise capital. However, as Protex AI has shown, good ideas that are well executed are still in demand. Within the space of four months, the Limerick start-up has raised $18 million. Founded just last year by chief executive Dan Hobbs and CTO Ciarán O’Mara, Protex AI has created technology that gives businesses better visibility of unsafe behaviours in their facilities. Hobbs told The Currency: “We’re lucky to have super trusting investors who believe in us as a team and a company. We only took on VC and strategic investors who could…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .