Start-ups | Silicon Republic
Gain insights into science and tech start-ups in Ireland and abroad, along with funding insights and ecosystem reports on start-ups, courtesy of Silicon Republic.
The company founded by Dr Nora Khaldi will use the funding to scale its operations and expand its global customer base.
Read more: Irish biotech Nuritas bags $42m to advance ingredient discovery
The company plans to use the funding to support its flagship product in the mRNA therapeutics market.
Read more: Marama Labs opens new lab at DCU Alpha and raises €2m in funding
11 star-ups are part of Enterprise Ireland's HPSU programme while seven received pre-seed funding.
Read more: Enterprise Ireland approved €3.5m for 18 start-ups in November
The move will enable Perplexity’s AI platform to widen its reach and connect to apps such as Notion and Google Docs.
With a $10m contribution, investment firm 57 Stars becomes the company’s largest shareholder.
Read more: Axial3D raises $18.2m to expand medical-imaging tech
Coda’s CEO and co-founder, Shishir Mehrotra, is also set to become the new CEO of Grammarly.
The venture round is one of the largest rounds in history.
Celebrating a successful 2024 for start-ups, SiliconRepublic.com has highlighted 10 businesses that have made a splash this year.
Read more: 10 start-ups that made a splash in 2024
The company also intends to launch its SPIDER technology to the moon in 2026.
Read more: Aussie space-tech raises A$150m for mineral discovery platform
The company has now raised a total of more than $130m in funding and recently opened an office in Silicon Valley.
Read more: Switzerland’s Anybotics raises $60m for US expansion
HappyStack is designed to identify growth opportunities in a brand's current set-up and to ‘connect them with software providers that will drive execution’ .
Read more: Wayflyer founder launches e-commerce platform HappyStack
Clancy is stepping down to pursue new opportunities in the private sector, the agency's chair said.
Read more: Leo Clancy to step down as Enterprise Ireland CEO
The company has also announced plans to expand into the US next year.
Read more: UCD medtech spin-out LaNua Medical nabs €6m in funding
The Irish fintech, which launched in 2021, has developed a platform to streamline tipping processes in the hospitality sector.
Read more: Irish fintech JustTip raises €1.1m to fuel UK expansion
Automattic aims to use WPAI’s products to create a more seamless experience for users of WordPress.
Read more: WordPress owner Automattic acquires AI start-up WPAI
The company will be launching a public cloud service early next year to provide developers access to purpose-built inference and training solutions.
Read more: AI hyperscaler Nscale raises $155m to fuel expansion
The start-up, which is based in London, is the proprietor of Dubler, a form of voice recognition technology for music creation.
Read more: Vochlea Music: The AI start-up empowering creativity
MEG’s Kerrill Thornhill and Peter Clifford discuss the company’s healthcare management software and why ‘security is the foundation of a trusted healthcare platform’.
Read more: How smart systems can benefit healthcare administration
Other winners on the night include Luma Vision, Boston Scientific and Stryker Ireland.
Read more: Freundenberg Medical bags Irish medtech company of the year award
The funds will be used to drive the development of its innovative product, which aims to increase the safety of C-section surgery.
Read more: Medtech firm Nua Surgical nabs €6.5m in Series A funding