Led · Equity · Oct 2025

Arigna Group is an Irish solid-fuel pioneer that is pivoting from traditional coal-based products to sustainable, low-carbon alternatives. Its flagship offering, Harvest Flame, is a low-carbon fuel designed to replace conventional solid fuels in residential and commercial heating. In parallel, the company is scaling a portfolio of biochar products that improve soil health, sequester carbon and can also be used in construction materials. The firm’s strategy centres on decarbonisation, rural job creation and leveraging its historic manufacturing base in Arigna, Co. Roscommon. The newly announced €800,000 funding will accelerate Harvest Flame’s rollout and expand biochar production capacity. Management emphasises that the capital will safeguard existing jobs while positioning the company for medium-term employment growth. Previous backing from the Western Development Commission in 2019 supported the initial phase of this green transition, and the latest round further solidifies its long-term sustainability roadmap.

Participated · Equity · Oct 2025

FeelTect’s core product, Tight Alright, integrates disposable pressure sensors with a reusable transmitter and cloud platform to give clinicians real-time data on sub-bandage pressure during compression therapy. By keeping pressure within therapeutic ranges, the technology aims to shorten healing times and cut overall treatment costs for chronic wounds. After multi-year clinical validation, the company is moving from pilot studies to its first commercial deployment at Thun Hospital in Switzerland. The recent funding will finance a broader commercial roll-out, regulatory expansion into additional markets, and team growth at its Spiddal, Galway base. FeelTect previously secured a similar capital injection in 2023 to fund product finalisation and early market preparation. Investors across the two rounds include Irrus Investments, the Western Development Commission, Halo Business Angel Network, and other individual angels. The company has not yet disclosed revenue or user numbers but positions itself to become a global leader in compression-therapy monitoring.

Participated · Equity · Feb 2024

Galway-based CitySwift develops an AI- and ML-driven platform that predicts journey times and passenger demand to optimise routing for transportation authorities and operators. The company is described in the article as a "Waze for public transportation." CitySwift reports 150% customer-base growth in the last 12 months and now services transport networks in major UK cities including London, Manchester, Birmingham, Belfast, and across Wales. The latest investment will be used to further develop the platform and to expand the team. The company aims to continue delivering transport data products and services for both authorities and operators. CitySwift has now raised a total of €14 million. CitySwift operates a Mobility Intelligence as a Service platform that gives bus network providers always-on insights to operate and adapt bus networks. The system uses AI and machine learning to accurately predict journey times and passenger demand and to create optimised timetables that account for traffic, events and hundreds of external factors. The platform aims to ensure on-time performance and increased passenger satisfaction, while customisable management dashboards deliver business intelligence and enable tracking of KPIs. Led by CEO Brian O'Rourke, CitySwift works with operators and public-sector authorities globally. The company is based in Galway, Ireland. CitySwift raised €5m in a Series A round and intends to use the funds to further expand its platform. CitySwift operates a SaaS data engine that augments and integrates with existing bus technology systems to provide network performance insights and accelerated network planning. The platform uses big data and machine learning to visualise city mobility data, generate operational plans and run schedule simulations that orchestrate passenger and vehicle movements. Its latest passenger-facing solution is an AI-powered bus capacity checker that predicts bus loadings up to two weeks in advance, showing colour-coded stop-by-stop crowding similar to Google Maps. The company plans to use the new funding to speed product development and to hire 25 new positions across commercial and technical roles over the next twelve months. Hiring will be in Ireland and remote, covering business development, customer success, product, data science and engineering, to accelerate expansion in the European market where CitySwift already works with public authorities. The company is led by CEO Brian O’Rourke and was founded in 2016.

Participated · Equity · Jul 2023

Peroptyx is a Castlebar-based machine learning company that provides ML data solutions to improve the performance of location-based applications and services. The company says it works with several of the world's leading technology brands. Peroptyx is led by Paul McBride and Maeve Bleahene and is chaired by Dennis Jennings. The recent investment is said to accelerate the doubling of the company's headcount and revenue growth across 25 countries this year. Peroptyx has raised €1.6m in the current funding ahead of a planned €4–5m round. The company credits its team, investors and partners for enabling its expansion.

Participated · Equity · Mar 2023

Bluedrop Medical is a medical technology company headquartered in Galway. The article presents the firm broadly within the medtech sector but does not specify its core product or service. In its latest development, the company secured a €1 million investment from Enterprise Ireland, signalling continued institutional confidence. This funding suggests the business is still in an expansionary, early-stage phase focused on advancing its technology and market presence. No revenue figures, user numbers, or other operating metrics were disclosed, and the piece offers no details on any earlier funding activity.