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Full coverage: Start-ups

One sensor, two markets: Gary McDarby’s dual bid to tackle telco performance and climate change

The scientist, entrepreneur and non-profit founder has raised seed capital for Edgeliot, his new venture which is preparing to deploy its devices on telecommunications towers across Ireland to tackle climate change and let them operate better.

Tom Lyons
13th Apr, 2023 - 4 min read

Growing Hometree: The $46m funding round taking the Irish-founded UK home energy firm to the next level

Simon Phelan's business offers British households all-in-one solutions to finance and operate green energy sources. Environmental credentials have helped Hometree raise capital from blue-chip investors in a depressed funding market.

Tom Lyons
12th Apr, 2023 - 4 min read

Wrapping up Beekon: “In one way it’s a massive relief. In another way it’s a professional death”

Karen O'Neill is walking away from her honey drink brand, which had just raised money from Enterprise Ireland for a US expansion.

Rosanna Cooney
4th Apr, 2023 - 2 min read

Same temperature, less energy: What HT Materials plans to do after closing $15m funding round

The fluids traditionally used in heating and cooling are notoriously energy-inefficient, yet there had been no progress for decades in this area. With an easy-to-use product, HT Materials has caught the eye of high-profile global investors.

Tom Lyons
24th Mar, 2023 - 7 min read

Having raised £3.4m, Sligo-born Deirdre McGettrick’s Ufurnish is gathering steam

Sligo-born Deirdre McGettrick swapped a corporate finance career to found Ufurnish, the UK's largest furniture comparison site. She talks to The Currency about purposefully bringing female investors on board and shifting the business plan through a turbulent market.

Rosanna Cooney
8th Mar, 2023 - 3 min read

“Who is going to be the swag management platform of choice in Europe? We are fighting for that space and that space is significant”

Retail consultant Tom Ryan was faced with a choice when the pandemic decimated his business in 2020: regroup or withdraw. He chose to regroup and his employee gifting management business is now shipping to more than 100 countries. The next step, he says, is funding to accelerate growth.

Ian Kehoe
7th Mar, 2023 - 4 min read

“It has been a very painful period but, hand on heart, the business has never been in a stronger position”

Bio-Marine Ingredients Ireland wants to replicate the dairy industry's success in turning milk into high-value ingredients – but with fish. A failed funding round last year led to a restructuring of the business, which its CEO says is now seeking to raise €3m.

Tom Lyons
3rd Mar, 2023 - 3 min read

From $150m valuation to liquidation: What happened to an Irish blockchain business?

Just months ago, Bank of America valued Marco Polo Network at €150 million. Now in liquidation, what went wrong with the company?

Ian Kehoe
22nd Feb, 2023 - 4 min read

“Not just on the financial side”: The €8.6m funding round aimed at taking Herdwatch into the next dimension

The deal presented as a routine private equity capital raise by the Tipperary agtech company late last year was anything but. There are big names – and big plans – involved.

Thomas Hubert
13th Feb, 2023 - 4 min read

Fully charged Xerotech powers ahead with €24m raised and high-profile directors

By focusing on the heavy equipment niche, the Claregalway battery technology start-up has convinced investors to back its plans for a fully-fledged factory. The sums at stake had remained secret – until now.

Thomas Hubert
8th Feb, 2023 - 3 min read
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