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10 promising Ireland-based startups to watch in 2021

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Ireland, otherwise known as the ‘Emerald Isle’, is steeped in rich culture, including folklore, literature, music, nature and of course, local food and drink such as Guinness. In addition to its age-old traditions, the island is also a haven for modern-day entrepreneurs, affording a well-balanced double life between tradition and innovation.

Thanks to support from the Irish Government’s initiative ‘Enterprise Ireland’, a steadily growing venture capital firm and angel investor community, and a high ranking on the European Digital City Index, Ireland is currently a base for 80% of the world’s global tech companies such as Google, Facebook, LinkedIn, AirBnb, Eventbrite, Twitter and Amazon. With Brexit just behind us, Ireland is also presented with a series of new opportunities, as an English language hub, with continued access to the EU, potentially making it the preferred home for more than a few entrepreneurial gems in the coming months and years.

To build up this list, we scanned the horizon for Irish startups founded between 2017-2020, with fast-growing teams, having landed funding or showing promising signs in the past few months, among other criteria. Having completed this analysis, these are the Irish startups we’ll be watching in 2021:

Workvivo – This Cork-based startup provides companies with an internal communications platform designed to engage and connect with employees. As companies consider remote working as a permenant feature, Workvivo keeps employees connected and engaged. Founded in 2017, Workvivo landed €500K in funding in 2019, and then again in 2020 secured a round of around €13.2 million.

Space OS – Founded in 2017, this Irish startup has created a seamless tenant experience and management software. With a team of 30+, their product blends together resource bookings, payments, food ordering, and facility support. In September 2020, the team closed a round of €2.5 million, to continue making daily activities faster and more efficient.

Zipp Mobility – Founded in 2019 by 24-year-old Charlie Gleeson, Zipp is a dockless scooter startup. The team’s mission is to reduce congestion and greenhouse gas emissions, by providing affordable micro mobility alternatives. In 2020, the startup hit the news as it landed €300K seed funding (closed in June), and was approved for UK trials by the UK Department for Transport, as the UK began to legalise the use of e-scooters.

Vela Games startupVela Games – This Dublin-based independent development studio was founded in 2017, and aims to reinvent multiplayer games with engaging, collaborative experiences’. Why? The team highlights that the traditional win-lose structure breeds stress, and co-operation is the way forward. In December 2020 they released a sneak peek into some characters from their in-development multiplayer online co-op game, code-named Project-V, funded by its 2.5 million round closed in April 2020.

Tines – This Dublin-based startup is a security automation platform for modern businesses. Tines automates security teams’ repetitive work, allowing security analysts to design automation stories for even the most complex workflows. The result? More effective and efficient security teams. In 2019, the startup raised over €13 million, and having weathered to storm of 2020, have also been named one of the ’45 enterprise startups that will soar in 2021′ by Yahoo.

Manna Drone Delivery – Imagine ordering from a local shop, and expecting the goods within a 3-minute home delivery time. Founded in 2018, this Dublin-based startup has created a drone “in a box” service. It ensures a guaranteed 3-minute delivery time to households in suburban communities from every retailer and pharmacy in the neighbourhood. In 2020, the startup closed a seed round to reach more communities.

Accelerated Payments – This Dublin-based fintech startup enables instant access to cash from your invoices 24/7.  Founded in 2017, the company was designed to solve the problem of cash flow for businesses through a flexible and innovative invoice finance service. The team ia already at over 30 people, and in October 2020, the startup landed around €22.9 million.

Utmost – If your company works with lots of freelancers, this solution could be for you. Founded in 2017, Utmost’s software is deisgned for an extended workforce – from temporary workers to consultants, vendors, freelancers, contractors and more – to seamlessly and efficiently work together. In today’s work climate, this solution is more relevant than ever, with remote teams spread across multiple locations, and hiring potentially limited to part-time or freelance colleagues.

Altada – Cork-based startup Altada Technology Solutions has built an AI-driven data supply chain platform. Using indexing, data remediation and inference, the platform allows clients to make better decisions and deliver augmented customer experiences. In September 2020, the team landed around €1.3 in seed funding.

Provizio – Founded in 2019, Provizio has developsed an ‘accident prevention platform’. How does it work? It can perceive, predict, and prevent automotive accidents in real-time using proprietary long-range imaging sensors and AI on-the-edge. Headquartered in Limerick, Ireland, the startup landed around €5.1 million in 2020, to radically transform vehicle safety in the present and the future.

By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!

Source: https://www.eu-startups.com/2021/02/10-promising-ireland-based-startups-to-watch-in-2021/

Start Ups

Panopto acquires Ensemble Video to bolster enterprise video management platform

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(Panopto Image)

Seattle-based enterprise video platform Panopto has acquired Syracuse, N.Y.-based Ensemble Video, which also operates a platform to help customers manage and publish video content.

Ensemble launched in 2005 after a group of Syracuse University employees came up with a new way to manage video content for the institution. It mainly works with K-12, higher education, and enterprise customers.

Panopto, founded in 2007, first targeted universities that wanted a way to capture, store, stream, and sort through videos of lectures. It later found demand in enterprise video content management — organizations ranging from financial institutions to appliance manufacturers that wanted a way to manage videos and slides for training, events, sales, marketing, and more.

Panopto said its annual recurring revenue increased more than 40% in 2020. The company’s ARR is now $50 million. Panopto CEO Eric Burns said “the use of on-demand video for communication and learning has grown rapidly over the last year.”

Ensemble customers will migrate to Panopto later this year; for now the companies will remain separate brands and platforms. Terms of the deal were not disclosed. The companies declined to provide details about employee counts.

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Source: https://www.geekwire.com/2021/panopto-acquires-ensemble-video-bolster-enterprise-video-management-platform/

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Medical device startup Nanodropper raises $1.4M for eye drop bottle adapter

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(Nanodropper Photo)

Nanodropper, a medical device startup founded by University of Washington and Seattle University grads, announced a $1.4 million seed round this week. The company makes an FDA-approved adapter for eye drop bottles that reduces the size of eye drops to save money and medication.

Co-founders Allisa Song, Elias Baker, Mackenzie Andrews, and Jennifer Steger were inspired to solve the problem outlined in a 2017 article by ProPublica about how larger-than-necessary eyedrops were increasing costs for glaucoma patients. Eyedroppers often deliver more medication than the eye can physically absorb, and the Nanodropper reduces the size of drops by a quarter or more.

Golden Seeds, an investment firm focused on women-led businesses, Rochester Area Economic Development, Inc., Austin Area Angels, and the Seattle-based Alliance of Angels participated in the seed round.

Nanodropper was founded in Seattle; two of its co-founders are still based in the city. The company is now headquartered in Rochester, Minn. Song, Nanodropper’s CEO, is pursuing her MD at the Mayo Clinic Alix School of Medicine, which is located in Rochester.

Founded in 2018, Nanodropper previously raised funding from the UW Hollomon Health Innovation Challenge, grants, and angel investors. The startup also landed two contracts with the U.S. Air Force worth roughly $550,000.

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Source: https://www.geekwire.com/2021/medical-device-startup-nanodropper-raises-1-4m-eye-drop-bottle-adapter/

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Start Ups

Medical device startup Nanodropper raises $1.4M for eye drop bottle adapter

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Published

on

(Nanodropper Photo)

Nanodropper, a medical device startup founded by University of Washington and Seattle University grads, announced a $1.4 million seed round this week. The company makes an FDA-approved adapter for eye drop bottles that reduces the size of eye drops to save money and medication.

Co-founders Allisa Song, Elias Baker, Mackenzie Andrews, and Jennifer Steger were inspired to solve the problem outlined in a 2017 article by ProPublica about how larger-than-necessary eyedrops were increasing costs for glaucoma patients. Eyedroppers often deliver more medication than the eye can physically absorb, and the Nanodropper reduces the size of drops by a quarter or more.

Golden Seeds, an investment firm focused on women-led businesses, Rochester Area Economic Development, Inc., Austin Area Angels, and the Seattle-based Alliance of Angels participated in the seed round.

Nanodropper was founded in Seattle; two of its co-founders are still based in the city. The company is now headquartered in Rochester, Minn. Song, Nanodropper’s CEO, is pursuing her MD at the Mayo Clinic Alix School of Medicine, which is located in Rochester.

Founded in 2018, Nanodropper previously raised funding from the UW Hollomon Health Innovation Challenge, grants, and angel investors. The startup also landed two contracts with the U.S. Air Force worth roughly $550,000.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.geekwire.com/2021/medical-device-startup-nanodropper-raises-1-4m-eye-drop-bottle-adapter/

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Start Ups

Medical device startup Nanodropper raises $1.4M for eye drop bottle adapter

Avatar

Published

on

(Nanodropper Photo)

Nanodropper, a medical device startup founded by University of Washington and Seattle University grads, announced a $1.4 million seed round this week. The company makes an FDA-approved adapter for eye drop bottles that reduces the size of eye drops to save money and medication.

Co-founders Allisa Song, Elias Baker, Mackenzie Andrews, and Jennifer Steger were inspired to solve the problem outlined in a 2017 article by ProPublica about how larger-than-necessary eyedrops were increasing costs for glaucoma patients. Eyedroppers often deliver more medication than the eye can physically absorb, and the Nanodropper reduces the size of drops by a quarter or more.

Golden Seeds, an investment firm focused on women-led businesses, Rochester Area Economic Development, Inc., Austin Area Angels, and the Seattle-based Alliance of Angels participated in the seed round.

Nanodropper was founded in Seattle; two of its co-founders are still based in the city. The company is now headquartered in Rochester, Minn. Song, Nanodropper’s CEO, is pursuing her MD at the Mayo Clinic Alix School of Medicine, which is located in Rochester.

Founded in 2018, Nanodropper previously raised funding from the UW Hollomon Health Innovation Challenge, grants, and angel investors. The startup also landed two contracts with the U.S. Air Force worth roughly $550,000.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.geekwire.com/2021/medical-device-startup-nanodropper-raises-1-4m-eye-drop-bottle-adapter/

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