News

Talking to an Angel

Angel investment is growing in popularity as a source of early-stage funding for start-ups. Better Business looks at the relationship between company and investor and uncovers how best to strike a deal.

HBAN’s MedTech Syndicate leads €1.1M investment in Ostoform

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTrade Ireland, today announces that its MedTech Syndicate has led a €1.1 million Series A funding round in medical device start-up, Ostoform. HBAN Angels contributed €280,000, with venture capital investor, SOSV, Enterprise Ireland, and other angel investors making up the rest of the funding round.

The Bank of Ireland Kernel Capital Fund Invest €1.7M in Dublin Based Sytorus

The Bank of Ireland Kernel Capital Early & Growth Stage Funds have invested €1.7M in Sytorus Ltd, this is in addition to simultaneous investment from Enterprise Ireland and private investors.  Established by Dr. John Ghent (CEO), Mike Morrissey (COO) and Hugh Jones (CPO) in 2013, Sytorus’s flagship software ‘PrivacyEngine’ is a dynamic GDPR and Data Protection SAAS product. It provides end-to-end data protection solutions to corporate clients.  The Company, with over 50 staff, is scaling rapidly and today has over 300 hundred fee paying corporate clients worldwide. Sytorus has opened offices in Stockholm and London, and this latest investment will facilitate a new office to open in Frankfurt.

Angels a godsend for start ups

Experienced investors have a vital role to play in sprinkling some magic dust on emerging enterprises

HBAN angels get a 10 times return on Phorest investment

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces that a number of the original HBAN investors in software developer Phorest have been bought out for a sum averaging 10 times their initial investment.

Trinity spin off ProVerum Medical raises a €3.5 million investment round including investment from HBAN Syndicates

ProVerum Medical, a spin-off from Trinity College Dublin with a mission to improve the lives of millions of men, has closed a $4.2 million seed investment. Atlantic Bridge University Fund led the investment round with participation from Enterprise Ireland along with several Irish and American angel investors including HBAN Medtech Syndicate, Irrus Investments, Boole and Xenium Capital. The investment will allow ProVerum to commence its first human trials in 2018 and brings the company’s total funding since it was established in 2015 to €4.6 million.

Galway start up Kite Medical secures €1.5m in funding

Kite Medical raises funding to develop a pain-free test to detect kidney reflux in children. Investors include the HBAN MedTech Syndicate.

Incereb secures €50K angel investment in fastest deal in HBAN history

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces the fastest deal done in its history. An individual HBAN angel investor transferred €50,000 to Incereb, a neonatal monitoring sensors company, just 48 hours after hearing the Irish company’s presentation. 

HBAN’s Bloom & WxNW Syndicates invest in Westport FinTech Disrupter Payslip

Global Payroll Software company, Payslip, today announced a €1 million investment, led by Frontline Ventures and AIB, and leading Technology Investors, Tribal, HBAN Bloom Equity, WxNW Syndicates & Enterprise Ireland.
Page 3 of 6