NovaUCD

FIRE1 Closes $120 Million Financing Round to Revolutionize Heart Failure Care Congratulations to FIRE1 a leading Irish connected medical device solutions company, on closing a $120 million (ca. €115 million) financing round to accelerate the company’s mission to transform the lives of millions of people living with heart failure. FIRE1’s Norm™ heart failure management system offers a groundbreaking approach for patients to manage heart failure. The company has also received Breakthrough Device Designation from the U.S. Food and Drug Administration for Norm™ and has been accepted into the FDA’s Total Product Lifecycle Advisory Program. By enabling patients to engage in physician directed self-management, Norm™ reduces the burden on healthcare staff, making it easier to keep patients healthier and at home. The funding will enable the company to complete a pivotal clinical trial of the Norm™ system. This funding round was led by Polaris Partners and Elevage Medical Technologies, joined by new investors Sands Capital and Longitude Capital, and existing investors Andera Partners, Gilde Healthcare, Gimv, the Ireland Strategic Investment Fund, Lightstone Ventures, Medtronic, NEA (New Enterprise Associates), Novo Holdings, and Seventure Partners. “From the beginning, our team has been driven by two core goals: creating a better way to manage heart failure by monitoring fluid volume more directly, and empowering patients with actionable data to improve their lives,” said Conor Hanley, CEO and President of FIRE1. “I am thrilled to welcome four more world-class investors to our exceptional syndicate.” FIRE1 has also welcomed Ellie McGuire, Partner, Polaris Partners, and Michael Wasserman, COO, Elevage Medical Technologies to its Board of Directors. FIRE1 is headquartered in Dublin and with offices at NexusUCD, the Industry Partnership Centre at UCD and DCU Alpha. #client Congratulations to Conor, Fergus O'Dea and the entire FIRE1 team. Very exciting times ahead. TechIreland Scale Ireland

Congrats to Ryan McErlane, Michael Storan and the Dataships team on securing $7m in a new Series A funding round, led by Osage Venture Partners. The company which specialises in helping its clients turn privacy compliance into a potential revenue driver, intends to use the new funding to expand beyond Shopify to additional e-commerce platforms and to increase head count. “Our ultimate goal is that whenever personal data is being collected online it will be done via our tool,” said Michael Storan. “There has been very little innovation in this area outside what we have done in recent years and with a lot more legislation coming, there are big opportunities for Dataships to be biggest company in this space,” he added. Dataships, which relocated its headquarters from NovaUCD to NexusUCD at the end of last year currently employs 25 people. via Charlie Taylor and Business Post. Ian Madigan TechIreland

Listen back as Brian Murphy, COO and co-founder of Customs Window, talks to Karl Fitzpatrick on Business Matters, about the company's use of AI to automate compliant cross-border customs clearance, and how Brexit and legislative developments have increased the need for such a solution and the scope for further growth. Customs Window was founded in 2022 by Brian and Johnny Dunne and is headquartered at NexusUCD. Last year the company closed a €800k seed funding round, led by private and EIIS investors, with the support of Enterprise Ireland High Potential Start-Up funding, which it is using to scale into the UK market. Podcast available via: https://lnkd.in/ez7WUv9f CeADAR Ireland

Fantastic news for the Assiduous team - congrats to Fergal Meegan, Barry Murphy, CFA and the team on achieving this significant milestone. What a great way to start 2025. IADT Media Cube Enterprise Ireland's New Frontiers programme

Everyone, no matter their age or level of experience, has their role models – especially the most successful among us. This is especially true when it comes to entrepreneurs. After all, it only makes sense to meticulously study the blueprint of a success story, and strive to achieve (and in some lucky instances, even surpass) the same level of success as your idols. Over the course of 2024, Silicon Republic asked several of its Start-up of the Week picks from Emma Meehan, of Precision Sports Technology to Pierre Yimbog of SoloBook about the companies, founders and other people they admire. via Ciarán Mather

Congratulations to Dr. Nora K. and the Nuritas team on today's announcement that the company has secured $42m in a Series C funding round to advance its AI-powered platform to discover novel ingredients. Nuritas will use the funding to scale its operations and expand its global customer base. The funding was led by M&G Investments, with McWin Capital Partners also joining as a key investor. Current investors Grosvenor and ECBF also participated in the round. via Silicon Republic

Some great coverage of Go Eve’s recent CE mark announcement for its Dockchain EV charging system via CHARGED Electric Vehicles Magazine.

Great to see TrojanTrack and UnitMode among the successfully funded start-ups. Stephen O'Dwyer Seán Boyle AgTechUCD Innovation Centre IADT Media Cube Enterprise Ireland Enterprise Ireland's New Frontiers programme via Silicon Republic

Wishing our community a very happy Christmas and best wishes for an entrepreneurial, innovative and successful 2025. AgTechUCD Innovation Centre ConsultUCD UCD Research

Congratulations to the 8 successful UCD researchers who have been funded under the latest round of National Challenging funding awarded by Research Ireland.