News

Signum Surgical secures additional €2.9 million investment

20 September 2022, Galway, Ireland | Signum Surgical, (‘Signum’ or ‘the Company’) the medical technology company developing innovative solutions to treat colorectal diseases, announces it has successfully raised a further €2.9 million to support its ongoing regulatory and clinical programs. The financing round was led by Halo Business Angel Network’s MedTech Syndicate, a joint initiative by Enterprise Ireland, InterTrade Ireland and Invest Northern Ireland. Additional investment was secured from the Western Development Commission and other angel investors in the medical device industry.

Ronspot Ltd secures investment of €1.1 million

The team at Ronspot are delighted to announce the company has raised €1.1 million in investment funding. The news follows the recent dramatic growth in the hybrid working and space management market. This investment includes the HBAN Angel Network and Enterprise Ireland as well as being led by Dublin-based Furthr VC (formally DBIC Ventures).

HBAN Impact Syndicate led €1.6M investment round for Thriftify

Thriftify, which acts as an online retailer for 98% of the country's charity shops, is expanding its workforce with 20 new jobss planned across the tech, e-commerce and sales and marketing sides of the business.

HBAN Invested Company Glofox is Aquired by ABC Fitness

Glofox, an HBAN invested company and one of the fastest-growing fitness management platforms servicing the boutique gym and studio sector has announced it has entered into a definitive agreement to merge with ABC Fitness Solutions (ABC), the leading technology and related services provider for the fitness industry. The strategic combination significantly expands ABC’s global reach and amplifies its ability to serve fitness organizations of all sizes with a company that shares its values, commitment to its teams and customers, and proven track record in developing innovative solutions that allow fitness operators to thrive. The transaction is expected to close later this year.

HBAN-backed CropBiome receives €1.3M investment

HBAN (Halo Business Angel Network), our all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, today announces that HBAN angels have participated in an oversubscribed €1.3M funding round in agri-tech start-up, CropBiome. The deal was led by  DeepIE Ventures Management Company Ltd and Our angels from HBAN Singapore and HBAN Bloom Equity syndicate invested €405K in the business,  Enterprise Ireland High Potential Start-Ups Funding.  

HBAN syndicates lead €1.9M investment in SymPhysis Medical

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, today announces that three of its angel syndicates have led a €1.925M investment in Galway-based start-up, SymPhysis Medical. Angels from HBAN’s MedTech Syndicate, Irrus Investments and Boole Investment Syndicate invested a combined €925K in the company, which is developing a device that eases the discomfort and distress of fluid in the chest for cancer patients undergoing palliative care.

Clarity CX1 secures investment to support global growth

Furthr Ventures today announced that it has led a €1.6M funding round, in industry cloud CRM company, Clarity CX1, in which HBAN angels also participated. The investment will be used to fuel Clarity CX1’s global growth plans, supported by 30 new jobs over the next two years. Established in February 2020, Dublin-based Clarity CX1 develops tailored CRM solutions built on the Salesforce Lightning platform. The solution was developed to fill a gap in the market for strategic sales and relationship management in sectors with notoriously complex and multi-layered customer engagement structures, including life sciences, manufacturing and financial services. It is tailored for each industry and allows users to rank and manage stakeholders strategically, providing the user with a detailed understanding of where to focus their efforts.

CroíValve Raises an €8M Series A Round to Support a Feasibility Clinical Study

CroíValve, a Dublin based medical device company developing a novel treatment for tricuspid regurgitation, has raised a Series A round to fund a Feasibility clinical study with its DUO Coaptation Valve system. This novel approach to treating tricuspid regurgitation combines the best of repair and replacement to provide the right solution for the right heart. Additionally, CroíValve welcomes Dr. Azin Parhizgar, Ph.D., a leading medical device entrepreneur in structural heart, to its Board of Directors. In addition, Helen Scotch has joined the Senior Leadership Team as Vice President of Clinical and Regulatory Affairs.

Kerry Angel Network makes first investment as part of €270,000 HBAN funding in home-buying platform Lintil

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, today announces that investors in its Kerry Angel Network, along with Enterprise Ireland and other HBAN angels, have invested in Irish-founded Lintil, a free-to-use online home-buying platform. Lintil users can access an entirety of services, support and advice to help navigate an increasingly complicated Irish property market.
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