StormHarvester named Eire’s quickest rising tech firm

Different winners on the night time included Protex AI, which took residence the Rising Star Award on the annual Irish enterprise rating.

Belfast’s StormHarvester has been introduced as Eire’s fastest-growing expertise firm on the annual Deloitte Know-how Quick 50 awards.

StormHarvester, which was based in 2012 by former civil drainage engineer Brian Moloney, makes use of a complicated AI-powered anomaly detection system to analyse information from 1000’s of sensors to assist wastewater utilities predict and stop points like flooding and air pollution.

Initially of this 12 months, the corporate introduced an £8.4m fundraise that may enable it to double its workforce over the following three years.

The corporate obtained the accolade at a ceremony within the Mansion Home in Dublin, which Moloney described as a “particular second” for the StormHarvester group.

“What began as an concept over 10 years in the past in Australia for an answer that would cut back the affect of flooding has grown right into a proud Belfast-based enterprise that’s going from energy to energy,” stated Moloney, who can be CEO. “Within the final 12 months alone, our funding has enabled us to double our headcount, which is able to assist us gas our growth additional and create much more thrilling alternatives in Eire.

“The Deloitte Quick 50 Awards recognition is an opportunity to pause, replicate and have a good time all that now we have achieved and all that we plan to realize within the years forward.”

The Know-how Quick 50 awards, now in its twenty sixth 12 months, ranks Eire’s 50 fastest-growing tech corporations primarily based on income progress over a four-year interval.

One other notable winner of the night time included office security start-up Protex AI, which obtained the Rising Star award for demonstrating “a promising progress trajectory and the potential for inclusion within the Quick 50 rankings in years to return”, in line with Deloitte.

“Since founding Protex AI, our mission has been to allow organisations to make use of data-driven insights to drive safer workplaces and unlock significant operational efficiencies,” stated Dan Hobbs, co-founder and CEO of Protex AI. “The expansion of our group and shopper base has made achievements like this potential, and we’re thrilled to have a good time receiving the Deloitte Quick 50 Rising Star Award and to satisfy the unimaginable tech entrepreneurs within the rankings.”

Different awardees included Aerlytix, which obtained the Rising New Know-how Award; Jac Dunne, CEO of Dimply, who was given the Advocate for Girls in Tech Award; Alchemy, which obtained the Impression Award; Mail Metrics, which bagged the Scale Up Award; and Grid Finance, which obtained the Monetary Providers Innovation Award.

The Deloitte 2025 Know-how Quick 50 winners generated a cumulative €1.76bn in whole annual revenues, with a median progress charge of 442pc. The 50 corporations make use of greater than 7,500 individuals and 12 of the ranked corporations have been first-time winners, in line with Deloitte.

James Toomey, accomplice and Quick 50 lead at Deloitte Eire, stated that the mixed revenues of the Quick 50 corporations “is a robust image of the distinctive expertise and progressive thinkers now we have in Eire”.

“Regardless of a difficult exterior atmosphere, Quick 50 corporations are nonetheless rising, which is an actual sign of confidence,” he stated.

“A standout from this 12 months’s awards is that corporations with synthetic intelligence (AI) embedded of their operations are seeing the most important progress, however entry to expert staff who can immediate and deploy AI successfully might be essential.”

Final 12 months, e-commerce financing start-up Wayflyer took residence the highest prize on the Know-how Quick 50 Awards, whereas fintech Swoop obtained the accolade in 2023.

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