News

HBAN Syndicate invests €300K in Hamstring Solo to create 10 new jobs

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 a €300,000 investment in Kilkenny-based ND Sports Performance and its cloud-based hamstring assessment system products for hamstring injury prevention and improving athlete performance. The funding, which will lead to the creation of up to 10 new jobs, was led by HBAN’s South East Business Angel Network (SEBAN), with support from Enterprise Ireland.

Rowan Devereux appointed Chair of HBAN’s Bloom Equity angel syndicate

Dublin, 31st October 2017 – HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces the appointment of Rowan Devereux to the Chair of the Bloom Equity Syndicate. Rowan succeeds Anthony Bermingham as Chair and in his new role, he aims to recruit new angels, build the profile of the syndicate and work with HBAN in selecting high potential start-ups to present at monthly syndicate meetings.

AventaMed to achieve FDA clearance with help of €1.8M HBAN backed funding

Dublin, 19th October, 2017 – 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 a €1.8 million investment in Cork-based medtech company, AventaMed. The investment – which includes €1.6 million angel funding, the largest single HBAN angel investment to date – will fund AventaMed through FDA (Food and Drug Administration) clearance and commercialisation of the Solo Tympanostomy Tube Device (Solo TTD) which enables the quick and simple insertion of ear grommets.  

Business angels to invest €85M in 264 Irish start ups by 2022

Record year for Irish angel investment in 2016: €13.6M invested in 50 start-ups

HBAN angels invested €13.6m in 50 Irish start ups in 2016

Since inception HBAN angels have invested €73 million in 362 separate deals

OncoMark Secures €2.1 Million Investment to Commercialise New Diagnostic Test for Breast Cancer

OncoMasTR test to launch in 2018 and will reduce the number of patients receiving unnecessary chemotherapy OncoMark, a University College Dublin (UCD) spin-out company, today announced that is has secured €2.1 million in funding.

HBAN played Cupid to 202 Irish start ups in 2016

Last year, 250 investors listened to pitches from 202 start-ups that HBAN identified as investor-ready 50 of those 202 start-ups – almost 25% – were successful in finding their investor match. Relationships between investees and angel investors typically last 4 to 7 years  

Galway’s Signum Surgical to add 8 jobs following €2.6M HBAN backed funding

Galway-based company is developing medical devices to treat perianal fistula, a condition that affects about two in every 10,000 people More than €1M of funding round comes from angel investors in HBAN’s MedTech Syndicate Funding will help Signum Surgical finalise their technology and obtain regulatory clearance in the US and Europe Galway employs one-third of Ireland’s medtech workforce HBAN (Halo Business Angel Network) today announces that Galway medtech start-up, Signum Surgical, will add eight jobs following a €2.6M Series A funding round. HBAN’s MedTech Syndicate contributed over €1 million to the funding round, with additional investment coming from Enterprise Ireland, the Western Development Commission, Rising Tide Europe and other angel investors.

HBAN super angel to invest €4M in Irish tech start ups

•    Italian Gianni Matera has already invested €900K in six start-ups in past 15 months •    He expects to invest in three more start-ups by year-end 2016 •    Focus on technology companies intent on breaking into the US market •    Gianni helped gym management software company, Glofox, attract 420 customers in 18 countries and grow 15% month-on-month

€2M deal helps HBAN backed Wicklow Wolf brew up 20 jobs

Investment will fund a new, larger brewing site in Wicklow, enabling 15-fold increase in production Investment includes €722,000 from HBAN Food Syndicate, which will help the company expand into International markets including the US, Asia and Europe Food Syndicate’s second investment in Wicklow Wolf this year brings its total investment to over €800k in 18 months Company sold its first beer just two years ago and now has produced over 16 varieties of beer HBAN seeking new business angel investors to invest in businesses like Wicklow Wolf at its Business Angel Roadshow this November   HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment and a joint initiative of InterTradeIreland and Enterprise Ireland, today announces a €2 million investment in craft beer company, Wicklow Wolf. HBAN’s Food Syndicate is one of the leading stakeholders in the deal, which is also supported by Enterprise Ireland and a number of private investors.
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