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EI

Enterprise Ireland

Government

Enterprise Ireland is a government organisation responsible for the development and growth of Irish enterprises in global markets.

Portfolio

12

companies

Investment by month

By category

  • Uncategorised£7.0M
  • AI/ML£5.9M
  • MedTech£5.4M
  • FinTech£2.2M
  • CleanTech£772K
  • Other£644K

By location

  • Dublin£12.7M
  • Ireland£5.4M
  • London£2.2M
  • Galway£946K
  • Clonakilty£772K

Portfolio companies

A

Assiduous

Assiduous builds a virtual corporate finance advisory platform for growing businesses.

A

Axe

Axe develops autonomous artificial intelligence agents for logistics operations.

CA

Ctrl Alt

Ctrl Alt provides infrastructure for investment platforms to offer alternative assets like property and green energy.

E

EVERYANGLE

Computer vision software that analyses CCTV footage for retailers and hospitality venues.

LS

Luna Systems

Luna Systems builds camera AI technology to protect cyclists and motorcyclists in traffic.

M

MyGug

MyGug turns food waste into renewable biogas and liquid fertiliser using anaerobic digestion.

View all 12 companies

Team

Jennifer Melia

Jennifer Melia

Divisional Manager, Technology and Services

Jennifer serves as Chief Executive Officer of Enterprise Ireland. She previously managed the organisation's technology and services division and high potential start-up team.

LinkedIn
CD

Cepta Duffy

Department Manager, Industrial and Lifesciences HPSU

Cepta brings lifescience and healthtech operating and management experience from roles at Enterprise Ireland and Bristol-Myers Squibb.

LinkedIn
CO

Conor O’Donovan

Head of Start-ups

Donnchadh Cullinan

Donnchadh Cullinan

Head of Enterprise Solutions

Donnchadh brings engineering experience from Stratus Technologies and Tyco International, alongside investment and enterprise roles at Enterprise Ireland.

LinkedIn

Recent investments

Seed
€1.5M

The late seed round was co-led by Fundracer Capital and EIT Urban Mobility to bring computer vision hardware to market.

"ADAS technology for cars advances daily. We believe that, just like cars, ARAS will be just as commonplace on bikes and motorbikes in the coming years. Six in ten people are still too afraid to cycle in their area. Fear of mixing in traffic is a crucial barrier preventing people from getting on a bike — especially in busy cities. ARAS can help the bike industry capture new segments, particularly commuter cyclists, where the element of fear is highest. In most countries, people will wait years for perfect cycling infrastructure. Meanwhile, technology is already here that can play a huge role in bridging that gap, helping everyone feel safer as they move through their city."
— Andrew Fleury, CEO
Pre-Seed
£1.3M

The pre-seed round was led by Pitchdrive and will support product development and United States expansion.

"Logistics is the backbone of the global economy, yet it still runs on billions of emails, spreadsheets, and phone calls. Our AI agents act as digital teammates, automating repetitive tasks to free up teams for higher-impact work. As margins tighten due to global tariffs, AI provides a crucial advantage by unlocking efficiency and cost savings."
— James McElroy, CEO
Seed
€1.0M

The oversubscribed round was backed by Enterprise Ireland and private investors to accelerate product development.

"Businesses are at a pivotal moment in the application of technology to the provision of professional services. We are only scratching the surface with the value that can be created for business owners from leveraging AI to do more with less. Assiduous is focused on embedding corporate advisory domain expertise at the application layer to unlock the power of foundation models for many more small and medium sized business owners seeking to contemplate, plan and execute high value corporate actions."
— Fergal Meegan, Chief Executive Officer
Pre-Seed
€4.5M

Apex Capital and Uni.Fund backed the pre-A round alongside returning investors.

"In sports performance, only a handful of companies truly excel in addressing issues. Output Sports is among these select few. With their cutting-edge technology, they have successfully translated the science of sports into practical applications for the field."
— Spencer Tatum, Performance coach
Series A
€6.5M

The funding round was led by EQT Life Sciences to support regulatory clearance and manufacturing development.

"Securing this Series A financing is a crucial milestone for Nua Surgical. It not only provides the capital needed to advance our product but also brings on board a group of experienced investors who share our vision for transforming maternal health. We are eager to leverage their expertise as we move towards commercialising SteriCISION."
— Barry McCann, CEO