Kernel Capital is an investment fund that has previously backed Datactics and participated in the latest funding round.
Portfolio
3
companies
Cirdan
Cirdan provides software and imaging solutions to accelerate and improve disease diagnosis.
B-Secur
B-Secur develops ECG technology and algorithms for consumer and medical devices.
Datactics
Datactics provides user-friendly data quality and matching software for business users.
Jayne Brady
Partner
Jayne brings investment and public sector experience as a partner at Kernel Capital and Head of Northern Ireland Civil Service. Her background includes co-founding CattleEye alongside advisory roles with the UK government and Belfast City Council.
Dawn Walsh
Dawn brings marketing experience from Kernel Capital, following earlier roles as a legal secretary.
LinkedInAllen Martin
Partner
Allen serves as operating partner at Techstart Ventures, following a partnership at Kernel Capital. He also holds non-executive director experience at Datactics and Automated Intelligence.
LinkedInSiggi Saevarsson
Partner
Siggi brings operational and investment experience from roles including COO at Cumulus Neuroscience and Partner at Kernel Capital.
LinkedInDenise Sidhu
Partner
The investment was led by Kernel Capital to support operational expansion ahead of new contract wins.
"I would like to take this opportunity to thank our investors for their continued support. This in addition to securing several new contracts will be used to accelerate our operational expansion and deliver on our strong order book for 2023 and beyond."
The financing round was led by First Capital Ventures with participation from existing investors.
"We are delighted to welcome First Capital Ventures as our latest and first U.S. investor alongside the continued commitment from our existing investor base."
The round was led by Par Equity and Kernel Capital to support expansion in key international markets.
"It’s clear that in 2021 businesses are stating that data quality has never been more important"
Kernel Capital increased its backing alongside Accelerated Digital Ventures, Wharton Asset Management, and Clarendon Fund Managers.
"We are delighted to receive this injection of investment from Kernel and our other investors so we can continue our work with existing customers and advance new customer applications."
Par Equity led the £1.2m investment round, which also saw continued backing from Kernel Capital.
"Seldom does a day go by where the possibilities of machine learning aren’t being discussed. We’re as keenly aware as industry commentators that any successful use of this technology will rely on fast access to perfected data, something that has been our sweet spot since we were founded, and in which we’ve been investing continuously throughout my six years at the firm. We’re extremely pleased that Par Equity has come on board at this exciting time in our company’s history and look forward to working with them. Thank you for your continued support and we look forward to sharing more exciting news in the near future."
