The funding rounds come as a Scale Eire survey reveals that start-ups nonetheless really feel elevating funds in Eire is a large problem.
The Irish start-up ecosystem had a busy begin to the 12 months, with many saying vital funding rounds. Chief among the many raises is quantum start-up Equal1, which introduced a $60m spherical to assist with wider deployment of Eire’s first homegrown quantum processing unit.
However a current Scale Eire survey discovered that companies nonetheless really feel elevating funds is a large problem within the nation. The discovering can be in keeping with a 2025 Authorities report which discovered that Irish scale-up enterprises would face a €1.1bn hole in fairness financing over three to 5 years.
For sure, financing start-ups is a frightening process. Right here’s 10 throughout the island that managed to succeed.
Aerska
Rising from stealth final October with a seed spherical of $21m, this Irish RNA biotech introduced its second increase earlier this month.
The $39m Sequence A spherical was led by EQT Dementia Fund and Age1, with participation from Iaso Ventures and different current buyers, and takes its complete increase to $60m.
Aerska is growing medicines that use RNA interference (RNAi), an strategy that may silence dangerous genes linked to mind ailments. It has developed ‘mind shuttles’ to ship RNAi to battle ailments within the central nervous system.
AICertified
This Dublin-based edtech introduced a €1m increase in January, led by Oyster Capital with help from Enterprise Eire.
AICertified, a coaching platform on AI-related programs, was based simply final 12 months by Ian Dodson, the co-founder of Digital Advertising Institute. Dodson needs his new enterprise to set a “single dependable normal, present an outcome-driven path and certify abilities in a method employers and college students can belief”.
The funding is meant to speed up product improvement, develop AICertified’s crew from eight to fifteen and scale the corporate’s studying platform forward of its first course, which launched this month.
Circit
Dublin-based fintech Circit secured $22m in development fairness this month to proceed scaling its monetary auditing and verification platform. The spherical was led by New York’s Ten Coves Capital, with participation from Aquiline and MiddleGame Ventures.
Based in 2017, Circit affords audit affirmation, knowledge validation and shopper collaboration providers by immediately connecting auditors with banks, monetary establishments and different related events by safe networks.
The brand new funding will probably be used for product innovation, community connectivity and crew growth, particularly within the US. Circit was named in Deloitte’s Expertise Quick 500 checklist for 2025.
Equal1
This Dublin-based quantum start-up made waves final 12 months with the launch of Eire’s first home-grown quantum processing unit, Bell-1. And this January, it introduced a $60m spherical to assist deploy Bell-1 to high-performance computing centres, together with to the European House Company’s Phi-lab in Italy.
The funding spherical was led by Eire Strategic Funding Fund, with participation from Atlantic Bridge, the European Innovation Council Fund, Matterwave Ventures, Enterprise Eire, Elkstone and TNO Ventures.
The funding may even allow Equal1 to advance its roadmap in direction of “hundreds of thousands” of on-chip qubits, scale manufacturing and develop its crew.
Eolas
Belfast’s Eolas Medical raised $12m in Sequence A funding in January to scale its current AI performance inside the UK’s Nationwide Well being Service and proceed worldwide growth.
The 2019-founded firm mentioned its AI search platform goals to supply frontline healthcare professionals with data instruments supporting scientific security, adherence and productiveness through a devoted AI-powered platform. The platform is already used at greater than 400 scientific websites within the UK.
Eolas founder and CEO Dr Declan Kelly mentioned: “Eolas has all the time been about fixing a really sensible downside: giving healthcare professionals quick, dependable entry to the data they want, once they want it.”
Linda AI
Dually-based in London and Dublin, this health-tech introduced a €2.6m pre-seed increase in February to scale its agentic AI platform catering to dental practices.
Co-founded by Irish sisters India and Portia Healy O’Connor together with Lucio Tudisco, Linda AI’s platform goals to keep away from misplaced bookings and wastage of capability at dental practices by offering a voice AI agent to take care of sufferers on the cellphone even when a reception desk could also be busy or closed.
Its AI brokers combine with current observe administration and communication programs to finish administrative duties like appointment scheduling and rescheduling, confirmations, and affected person follow-ups, working alongside front-desk groups whereas automating workflows by voice, textual content and system integrations when capability is constrained.
Luna
Based mostly out of Dublin, Luna is the creator of AI security digital camera {hardware} for bicycles and bikes. It introduced a €1.5m late seed spherical in January, led by cycling-focused VC agency Fundracer Capital and EIT City Mobility, with extra help from Enterprise Eire, with plans to convey its {hardware} to market.
Luna takes inspiration from facets of ‘superior driver help programs’ – embedded pc imaginative and prescient know-how in automobiles reminiscent of automobiles that make them safer to drive – and infuses them into AI-powered superior help programs for bicycles and bikes.
Luna – which was in based in 2020 at Dublin Metropolis College – mentioned it plans to make use of this newest increase to speed up to market as a full system supplier, widening its business scope.
Neurent Medical
The Galway medtech led by Brian Shields closed a €62.5m Sequence C financing spherical in February for its Neuromark medical gadget that treats persistent rhinitis.
MVM Companions led the funding spherical, with participation from Sofinnova Companions, EQT Life Sciences, Atlantic Bridge, Fountain Healthcare Companions and Enterprise Eire.
Neuromark employs the corporate’s proprietary Impedance Managed Radiofrequency know-how to focus on the overactive posterior nasal nerves that drive the signs of persistent rhinitis, which impacts hundreds of thousands worldwide.
Shields mentioned that the brand new funding will enable it to increase affected person entry, allow additional proof technology throughout broader populations and help the continued improvement of its pipeline choices.
Overpath
2025-founded Dublin start-up Overpath raised €1.6m in late January – in a spherical led by Elkstone – to additional develop its AI gross sales execution platform for income groups. AI-focused investor Positive Valley Ventures additionally participated within the funding spherical.
Overpath mentioned it’s constructing a brand new layer within the income stack targeted on gross sales execution, which spans gross sales enablement, income operations and training software program. The platform analyses dwell deal behaviour throughout programs, and makes an attempt to determine execution gaps early.
The platform is powered by a domain-specific gross sales language AI mannequin educated on actual behaviour, deal methodologies and execution patterns utilized by high-performing groups, in line with the corporate,
TeamFeePay
Additionally in January, Belfast-based sports activities know-how start-up TeamFeePay introduced the closing of a £9m fairness funding spherical to assist increase its teaching providers platform into new markets and gasoline a recruitment drive.
Based in 2021, the start-up has developed a software program platform that helps soccer coaches and golf equipment plan fixtures, coaching periods and occasions, in addition to monitor attendance and handle administrative duties.
The platform has practically 300,000 customers and helps greater than 1,500 golf equipment. The brand new funding is predicted to assist development within the UK, allow additional growth into Europe and fund new product improvement.
YFM Fairness Companions led the funding spherical with a £4.5m funding, Funding Fund for Northern Eire funnelled £3m, and Techstart contributed £800,000.
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