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Full coverage: Start-ups

Changing of the guard: the new standards of a young workforce

Once upon a time, salary and status were what attracted young people to a company. Now, a new matrix of criteria has formed, pushing the boundaries of how companies can recruit.

Devin Seán Martin
3rd Sep, 2022 - 5 min read

Altada’s “vital” US backer resigned board seat in May

The Cork-based AI start-up has admitted to funding difficulties leading to staff lay-offs in recent weeks. But it is only revealing now that the investor who rescued the company from insolvency resigned as director three months ago.

Thomas Hubert
31st Aug, 2022 - 3 min read

“We don’t ever set ourselves a limit”: Brothers plan to tackle global drug resistance from their Limerick farm

Nick Cotter has been in business with his brother Jack since he was 10. Having grown local firewood and organic lamb enterprises, they are now commercialising a new livestock health technology with worldwide potential – while still in college.

Thomas Hubert
31st Aug, 2022 - 10 min read

Brexit was the trigger and Covid the enabler. Now, Kwayga is plotting a funding round and global growth

Since launching in 2021, Kwayga's subscription service that matches buyers and sellers in the food sector has listed 50,000 suppliers on its platform and reached 50 countries. Co-founder Mike McGrath talks about the business model, supply chain disruption and the future.

Ian Kehoe
24th Aug, 2022 - 6 min read

The Altada money trail: The changing cap table, the price per share and how the founders returned

To exit a 2019 examinership, cash-strapped Altada agreed to replace its co-founder Allan Beechinor with new shareholders and directors three years ago. Within months, he returned - here is how it happened.

Thomas Hubert
18th Aug, 2022 - 4 min read

Did you make mistakes? “100%, totally”: Altada’s Niamh Parker and Allan Beechinor want to set the record straight

Altada’s Allan Beechinor and Niamh Parker address the controversies and the future of the hotly tipped artificial intelligence start-up. But what is really going on?

Tom Lyons
18th Aug, 2022 - 20 min read

Altada pursues bridging finance to bring staff back

The AI data firm has had to furlough employees after failing to raise a series A round earlier this year. It is now working on an alternative funding plan.

Thomas Hubert
10th Aug, 2022 - 1 min read

A $200m valuation, a $100m earn-out and a plan for an IPO: Inside Glofox’s knock-out deal

The value negotiated by the Irish founders of gym software firm Glofox for its acquisition by US-based ABC Fitness is a remarkable achievement for a company forced to retrench by Covid-19 just two years ago. Yet it is only a step on the journey now sketched out for the business.

T. Lyons and T. Hubert
4th Aug, 2022 - 5 min read

From Mariana Mazzucato to education, European innovation is in crisis: An essay by Sinead O’Sullivan

Most of Europe is not creating the right people who can build things. Meanwhile, the European government funding ecosystem is broken and following the wrong strategy. So, let’s not continue to kid ourselves that everything is okay.

Sinead O'Sullivan
18th Jul, 2022 - 12 min read

A “departing founder” and an investor takeover in exchange for “services”: What happened at Microgen Biotech?

The Carlow-based university spin-out harnessing bacteria to clean up polluted soils has just changed its name to Talam Biotech. Behind the scenes, the company has undergone a lot more than rebranding.

Thomas Hubert
14th Jul, 2022 - 7 min read
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