Start-ups Seeking to Raise €55 Million Pitch at NovaUCD’s Annual Investor Day
NovaUCD today announced that twenty-five (25) start-ups, which collectively are seeking to raise over €55 million in funding, pitched to an invited audience of seventy (70+) venture capitalists and angel investors at the Centre’s annual Investor Day showcase event.
The start-ups, seeking seed to scale investment, represented a diverse range of sectors, including; AgTech, AI, Cybersecurity, FinTech, MedTech, SportsTech and Sustainability.
Among the start-ups pitching were, Biosimulytics, MetHealth, Polliknow and Sports Impact Technologies.
Professor Kate Robson Brown, UCD Vice-President for Research, Innovation and Impact said, “As outlined in Breaking Boundaries the University’s new strategy to 2030 UCD is at the heart of Ireland’s vibrant economy and as such is committed to its key role in Ireland’s innovation and knowledge exchange.
One way we support this commitment is through NovaUCD, the university’s hub for innovation, and its focus on the commercialisation of UCD’s research outputs, creating new ventures, supporting and scaling start-ups, and established companies, with global reach and creating jobs.
During the NovaUCD Investor Day members of the investor and angel community had the opportunity to meet with and to hear from the founders of UCD spin-out and spin-in companies and early-stage ventures, who are currently seeking investment to support them on their entrepreneurial journeys to address global challenges, to grow, to scale, and to create jobs.”
Pictured (l-r) at NovaUCD are; Helen McBreen, Atlantic Bridge; Yvan Gouttebelle, MedTech Syndicate; Simon Factor, NovaUCD; Maurice Roche, Delta Partners and Caroline Gaynor, Lightstone Ventures.
(Credit: Vincent Hoban, UCD).
Biosimulytics provides a predictive software platform for In Silico Drug Development which reduces the risk, time and cost in developing new medicines by addressing major bottlenecks, specifically in the critical area of drug form selection. The company secured €2.5 million in grant funding from the EIC Accelerator in 2023 for product development and plans a €5 million seed round in 2025 for which the European Investment Bank is already committed to providing matching equity investment with the lead investors.
MetHealth is building a platform-based technology, with associated patent protected protein panels, that can identify people at high-risk of developing metabolic complications of obesity, particularly obesity-associated liver disease (MASH). This will ensure people living with obesity are guided onto personalised care pathways appropriate to their specific needs.
Following the completion of Enterprise Ireland Commercialisation Fund funding MetHealth will be seeking a seed round investment of ca. €3 million to enable accelerated entry into the precision health market and further validation of their in-vitro diagnostic (IVD) panels.
Pictured (l-r) at NovaUCD are; Meg Brennan, Polliknow; Peter Doyle, Biosimulytics; Eóin Tuohy, Sports Impact Technologies and Fiona McGillicuddy, MetHealth.
(Credit: Vincent Hoban, UCD).
Polliknow has developed a hardware device and software solution for pollinator biodiversity tracking automating ecological data collection. The company which has completed a Phase 2 New Frontiers Programme delivered by IADT Media Cube in partnership with NovaUCD, is seeking to raise a pre-seed round during 2025.
Sports Impact Technologies is developing a sports wearable that detects all head impacts as they happen. The company’s skin-mounted, non-invasive wearables are sports-agnostic, affordable, and easy to use, offering instant alerts and long-term impact tracking. The company will be seeking to raise €2.5 million of investment in Q3 as part of its strategy to break into the US sports market.
Emma Callinan, Director of Commercialisation at Enterprise Ireland and members of Enterprise Ireland’s Commercialisation and Horizon Europe teams also attended the 2025 NovaUCD Investor Day.
Pictured (l-r) at NovaUCD are Enterprise Ireland representatives; Anton Pluschke; James Walsh; Kevin Burke; Emma Callinan and David Flood with Simon Factor, NovaUCD (3rd from left).
(Credit: Vincent Hoban, UCD).
Simon Factor, Head, New Ventures and Investments at NovaUCD said, “NovaUCD's Annual Investor Day has grown to become a pivotal gathering of innovation, entrepreneurship, and strategic investment potential which connects visionary investors with exciting start-ups emerging from the NovaUCD ecosystem.
Between them these companies are currently seeking to raise €55 million in funding to support them to grow and scale which is an indication of the quality and ambition of NovaUCD client companies.”
We’d like to thank the members of our investor community who attended our latest NovaUCD Investor Day event and the wider investment community, including Enterprise Ireland, for their continued support. Together, we are transforming innovative ideas into global success stories.”
NovaUCD is currently seeking applications from exciting new start-ups interested in applying to join its community of entrepreneurs and to find out more visit https://www.ucd.ie/innovation/start-ups/locate-at-novaucd/
ENDS
20 January 2025
For further information contact Micéal Whelan, Communications and Media Relations Manager, UCD Research and Innovation, e: miceal.whelan@ucd.ie.
Editors Notes
NovaUCD has been nurturing and supporting high-tech start-ups with global potential since 2003. During the last two decades NovaUCD has developed an excellent and expanded infrastructure and a suite of comprehensive business support programmes, dedicated accelerators, and an ecosystem of mentors, investors and industry partners that help to nurture an enthusiastic and dynamic community of start-ups and established companies, to grow and scale on the global stage.
NovaUCD’s reach and influence has also expanded since 2003 as the NovaUCD team now also manages NexusUCD, the University’s Industry Partnership Centre, ConsultUCD, the University’s managed consultancy service, and the AgTechUCD Innovation Centre, which is located at UCD Lyons Farm in Co. Kildare. NovaUCD was originally funded through a unique public-private partnership that included AIB; AMD; Arthur Cox; Deloitte; Enterprise Ireland; Ericsson; Goodbody and UCD. www.novaucd.ie