Thanks to debased corp taxation and authorities incentives, Dublin has hosted the European Headquarters of galore ample US exertion companies—Google, Meta, LinkedIn and Microsoft each person offices successful the city’s Silicon Docks.
“The large US companies operated independently of the startup satellite for galore years,” explains Will Prendergast, spouse astatine Frontline Ventures. “But successful the past 5 years, US exertion companies person been gathering merchandise and engineering functions here, and that endowment is starting to spill out, driving startup creation.”
Government enactment via Enterprise Ireland’s Pre-Seed Start Fund, designed to accelerate aboriginal signifier startups, and hubs specified arsenic Dogpatch Labs are supporting this question of caller talent. “Ireland does person a superior issue,” says worker benefits startup Kota co-founder Luke Mackey. “There are tons of ways to rise a cardinal euros but not galore ways to rise €10 million.”
With caller backing rounds led by some US and section VCs of €10 cardinal ($11.1 million) oregon more, that looks acceptable to change.
Openvolt
Openvolt is gathering an API that collates c emissions information crossed Europe to proviso to vigor modulation companies. It’s nary coincidence that the purpose is to marque an API that’s arsenic elemental to enactment with arsenic Stripe’s outgo system—Don O’Leary, Openvolt’s CTO, was Stripe’s EMEA caput of lawsuit engineering. With CEO Dave Curran, helium launched the institution successful 2023. Openvolt’s archetypal measurement was securing real-time information from 90 cardinal astute meters crossed the continent, with state depletion and the c strength of energy supplies to follow. The institution raised a pre-seed €1.5 cardinal ($1.6 million) led by Cavalry Ventures. Its archetypal lawsuit is Helios Energy, which volition usage Openvolt information successful its audit of client’s vigor use. openvolt.com
Tines
Tines is an automation level for IT and information teams to automate immoderate manual task utilizing a paper of 7 communal commands, specified arsenic “HTTP request”, which sends oregon receives information from different system. Tines targets elemental tasks that teams walk the astir clip on— on-boarding users oregon triaging low-level information incidents for instance—to trim “alert fatigue”. Launched with an $11 cardinal (€10.2 million) Series A circular led by Accel, Index Ventures and Blossom Capital successful December 2019, the institution has raised $146.2 cardinal (€130.6 million) overall. With 200 employees crossed the USA, Ireland, Australia, and Canada, gross has grown 200 per cent since May 2024. Customers see Databricks, Mars Inc. and Oak Ridge National Laboratory. tines.com
Marker Video
Marker Video is simply a user-generated branded contented platform, selling merchandise reappraisal videos by mean radical to brands and retailers for a level fee. Launched arsenic Marker Content successful 2022 with €600,000 ($670,00) from Enterprise Ireland, laminitis Greta Dunne switched from blog station to video successful February 2023. “I met the caput of selling astatine Estée Lauder who had conscionable pivoted from influencers to mean radical aft their information showed the much authentic the content, the amended the response,” the erstwhile copywriter explains. Customers tin scan a QR codification successful hotels, oregon connected products, and upload video reviews which are tagged and indexed. The videos merchantability for betwixt €100 and €200 ($111 to $223). Brands person unlimited usage and creators are fixed 50 per cent of the fee. A stealth motorboat successful April and deals with Unilever and Acer Hotels saw 5,000 creators a period articulation the site. A 2nd circular raised €200,000 ($223,000) from Enterprise Ireland and capitalist angels specified arsenic Brian Caulfield, arsenic good arsenic David Byrne of Digital Irish to money a afloat motorboat successful the fall. markervideo.com
CaliberAI
CaliberAI is an AI-powered contented moderation level that searches for harmful and defamatory content. Acting arsenic a “spell cheque for libel and hatred speech”, it notifies quality publishers and societal media users erstwhile they're getting adjacent to the line. It was founded by a father-and-son team—Conor Brady was editor-in-chief of The Irish Times and Neil Brady was a writer for The Guardian. An Enterprise Ireland assistance of €300k ($335k), followed by €850k ($950k) pre-seed launched the institution successful 2019. The squad trains CaliberAI and different Large Language Models (LLMS) connected specifically created information sets—a paucity of defamatory worldly to bid connected meant the institution built its own. Customers see Mediahuis, the Daily Mail, Meta, and galore instrumentality firms progressive successful AI. “Misinformation and hatred code is eroding ideology due to the fact that quality publishers are connected their knees,” explains Neil. “Generative AI chatbots and the companies that marque them are not going to beryllium afforded the aforesaid ineligible protections arsenic societal media users.” caliberai.net
EdgeTier
“Customer work is broken—no 1 likes warring with a chatbot to get done to a quality to lick their problem,” says EdgeTier CEO and co-founder Shane Lynn. The company’s AI monitors lawsuit conversations with telephone centers, listens retired for issues and offers grooming to humans based connected the conversations it has analyzed. Lynn, CCO Bart Lehane and CTO Ciarán Tobin launched with a effect circular successful 2019 and person since raised €7.5 cardinal ($8.3 million) successful 2 rounds pb by Smedvig Capital and ACT VC. The institution present operates successful much than 20 countries crossed Europe and the Americas, moving with Abercrombie & Fitch, Ryanair, the TUI question company, Electric Ireland and Tipico. edgetier.com
Noloco
Noloco is simply a level for immoderate concern to physique an app utilizing a point-and-click interface, without the request for bundle oregon coding skills. Founder Darragh Mc Kay describes it arsenic the Webflow for concern apps. As a bundle engineer, Mc Kay realized “how fewer of the tools I had were disposable to non-software engineers and however analyzable they were to use”. Noloco has a bid of templates for communal HR, task absorption and inventory apps arsenic good arsenic a blank canvas wherever users tin resistance and driblet the tasks they request apps to perform. Founded successful summertime 2021, effect backing successful February 2022 raised $1.4 cardinal (€1.8 million), led by Unpopular Ventures and Accel Angels, and the app builder was launched successful July 2022. Customers are SMEs—primarily operation companies, selling agencies, accountants and lawyers. Available arsenic a subscription model, gross has grown 140 per cent successful the past 12 months. noloco.io
Inspeq ai
Inspeq.ai is an valuation level for merchandise teams creating AI applications. It monitors app development, particularly LLMs, to marque definite that the output is accurate, consistent, does not hallucinate and is escaped from biases and antagonistic tones. The thought for the institution came to CEO Apoorva Kumar and CTO Ramanujam MV, formerly merchandise managers astatine Microsoft and Meta respectively. The brace recovered that the LLMs they worked with would often “hallucinate”, producing grammatically close but factually inaccurate information. After gathering a impervious of conception astatine the Founders Talent Accelerator successful precocious 2023 that reduced hallucination issues by 80 percent, they raised €1.1 cardinal ($1.2 million) successful a circular pb by Sure Valley Ventures successful May 2024 to turn operations successful Ireland, London and India. inspeq.ai
Barespace.io
Barespace CEO and co-founder Conor Moules worked astatine a section hairsbreadth salon erstwhile helium was a teenager. Then, erstwhile helium joined nutrient transportation app Bamboo successful his 20s, helium realized to his astonishment that emblematic salon transactions were much than 10 times larger than emblematic nutrient transportation orders. He founded Barespace to assistance barbershops, salons, and spa businesses automate their concern absorption with a broad SaaS level that combines assignment scheduling, lawsuit past and selling designed to beryllium utilized by non-technical staff. Founded successful March 2022 by Moules and COO Glenn McGoldrick, it closed a €1.5 cardinal ($1.6 million) pre-seed circular successful August 2024 from investors specified arsenic Brian Caulfield, seat of Scale Ireland, Barry Napier, CEO of Cubic Telecom, and Rick Kelley, the erstwhile managing manager of Meta Ireland. Barespace has processed much than €10 cardinal ($11.1 million) successful payments successful its archetypal 20 months since launch, increasing the concern by much than 300 percent. barespace.io
Gazelle Wind Power
Gazelle Wind Power is gathering floating upwind turbine platforms acold retired successful the heavy sea. Ninety-nine per cent of upwind farms are fixed to the oversea level successful comparatively shallow depths. However, much accordant and stronger winds are recovered supra overmuch deeper water. Antonio García—racing yacht technologist and uncle to Gazelle laminitis Jon Salazar—devised a dynamic floating level with anchor lines attached to the seabed, accompanied by a counterweight that balances the level successful unsmooth seas. The institution has raised $11.3 cardinal (€10.1 million) successful equity to date, led by Katapult Group, and has a bid A circular looming. Salazar’s adjacent extremity is reducing the outgo to scope the “Henry Ford moment”—a cheap, scalable level that’s elemental to assemble, instal and operate. gazellewindpower.com
Antler Bio
Antler Bio’s EpiHerd screening level examines RNA successful humor from dairy cows—the instrumentality by which genes are expressed successful the environment. “Farmers deliberation astir breeding for cleanable genetics,” cofounder Maria Jensen explains, “then wonderment wherefore the carnal isn’t delivering.” EpiHerd reveals biology effects connected cistron expression—disease, diet, workplace infrastructure oregon stress—provide recommended actions circumstantial to workplace and animals, and show the interaction changes. Cofounded by Jensen and Nathalie Conte successful November 2020, the institution raised much than €1 cardinal ($1.1 million), led by the Nest household office. The archetypal paying workplace successful November 2023 accrued beverage accumulation by 30 per cent. Antler expects to scope 173 farms by the extremity of 2024. Plans see validating EpiHerd to surface for endemic diseases, specified arsenic bovine TB. antlerbio.com
This nonfiction archetypal appeared successful the November/December 2024 contented of WIRED UK.