Dublin BIC Yearbook 2018

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Yearbook


WELCOME 30 years supporting entrepreneurship Dublin BIC was established in 1988 and last year passed the 30-year landmark. The entrepreneurial landscape has changed dramatically in that timeframe and indeed Ireland itself is a very different place. In the years 1988/89 the net outward migration was a cumulative 80,000 people leaving these shores and unemployment was over 16%. This was the tapestry under which Dublin BIC was established with support from the EU, Dublin Chamber of Commerce and the private sector. Its role was to help entrepreneurs create businesses and jobs. In the years 2017/18 the net inward migration was 55,000 and the economy is near full employment. While times have changed for the better the fundamental need for innovation and start up enterprise remains critical to the success of our economy. Dublin BIC has been deeply embedded in working with the private sector and state bodies to provide entrepreneurial supports over the last 30 years. As the current Chairman I commend Dublin BIC and its stakeholders for its ambition, vision and ability to expand its services and remain relevant to the needs of entrepreneurs and the economy – always innovating and never standing still.

Dublin BIC Values ∂ Inspired by entrepreneurship ∂ Authentic, honest and trusted ∂ Collaborative community builders ∂ Enabling & empowering ∂ Resilient & determined ∂ Generous with knowledge, expertise and networks

At Dublin BIC we are proud of who we are and how we contribute. We are proud of the strong community of entrepreneurs, investors, advisors and industry partnerships developed over 30 years. This success is down to our team, our rich domain and technical knowledge, deep involvement in the entrepreneurial ecosystem and significant real-world experience. We have a strong heritage and a clear vision for the future.

On behalf of the Dublin BIC Board, I thank you; our entrepreneurs, our investors, the Department of Business Enterprise and Innovation, Enterprise Ireland, Diageo, Dublin City Council and the European Business Network (EBN) for your continued support and we look forward to working with all stakeholders over the next 30 years! Clive Brownlee Chairman Dublin BIC is a Company Limited by Guarantee. Its operations are governed by the Board of Directors who provide their time on a voluntary basis: Clive Brownlee (Chairman) I Hugh Governey I Jacqueline Hughes Ronan King I Michael Moriarty I David O’Meara I Professor Frank Roche I Teri Smith I Alan O’Driscoll (Co. Secretary)

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In 2018 we continued to focus on building a talented team internally and strong partnerships externally, both of which have been crucial factors in what has been a year of significant progress and success. The organisational values are reflective of our clients, our staff and our stakeholders. The entrepreneurial journey is both challenging and rewarding. Our team are inspired by entrepreneurship and are determined to deliver the honest guidance and ‘tough love’ required to help nascent entrepreneurs take the pivotal early steps to success. Our core competency is and always has been helping start-ups to ‘start and scale’. This includes providing advisory services via our Dublin BIC Investor Ready Programme, providing funding via our venture and angel funding activities, incubating companies and building the entrepreneurial community via our networking events.

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A YEAR IN REVIEW A year of progress

Empowering Entrepreneurs to START & SCALE

As we mark our 30th year at Dublin BIC our mission remains crystal clear ‘To Enable Entrepreneurs to Start & Scale’. It is well recognised that the vast majority of net new jobs in the economy are created by young companies less than five years old. It is the rapidly growing innovative scale-ups from this cohort that are the ultimate engines of economic growth. These companies provide the necessary ‘creative destruction’ to continually reenergise our economy.

INVESTOR READY PREPARATION ACCESS TO FINANCE

VENTURE FUNDING

WORLD CLASS INCUBATION

of Dublin BIC supported companies survive their critical first five years 4

∂ The Dublin BIC managed GEC has announced plans to develop the GEC into a global entrepreneurial super-hub supporting 750 employees. The GEC was named by UBI Global as the #1 Incubator in the World (Collaborating with Universities) at the world incubation summit in 2018. ∂ Plans are advanced for the imminent launch of the new €30m+ Dublin BIC ‘Seed to Series A’ venture fund, the Ireland SmartTech Fund.

85%

of Dublin BIC investor-ready start-ups have secured third party finance

Finally, as a public-private entity we are very grateful for the continued support of the Department of Business, Enterprise and Innovation and in particular to Julie Sinnamon and her team at Enterprise Ireland who enable us to deliver on our mission. We also extend our thanks to Dublin City Council for its continued support of our activities in the Dublin City region. Yours in Entrepreneurship. Michael Culligan CEO, Dublin BIC

∂ Our Dublin BIC Investor Ready Programme continues to lead the way in supporting companies prepare for fundraising. Over the last five years companies on the programme have raised over €81m in first round seed funding alone.

COMMUNITY & COLLABORATION

82%

2018 saw significant progress across the Dublin BIC activity set:

∂ The Dublin BIC annual FutureScope conference, now clearly positioned as Ireland’s #1 innovation event, is an example of how Dublin BIC continues to broaden its scope and deliver highly relevant content to entrepreneurs and those seeking to develop their business.

350+

start-ups have raised funding through Dublin BIC managed programmes

€108m

direct equity investment enabled by Dublin BIC & €226m leveraged funding

∂ We were pleased to host, with Enterprise Ireland, the very successful Innovate Programme designed for female entrepreneurs. We have now had over 20 female-led start-ups participate in the programme with some notable success stories. ∂ The Dublin BIC managed Halo Business Angel Network had a year of further growth which saw the remit of HBAN expand to an all island basis and business angel syndicates being developed off the island in London, New York and Singapore. ∂ I’m pleased to report that the Dublin BIC managed AIB Seed Capital Fund continues to perform well with a strong portfolio of companies developing significant economic wealth.

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The Dublin BIC Investor-Ready Programme is a challenging yet rewarding experience for those that are selected to participate. Each company is assigned a dedicated Dublin BIC investment preparation specialist who has deep domain and ecosystem knowledge and influence. The programme involves a deep analysis of the product, market opportunity, competitive positioning and scalability. This process often leads to fundamental changes to the proposition, team, targets and sometimes the product or service. Participants will undergo a strategic review by a panel of independent industry experts and investors where they will pitch for investment. Companies successful at the strategic review stage of the programme will be certified Dublin BIC Investor-Ready! - walking away with a recognised benchmark, a validated business plan, a robust financial model and a compelling investor pitch deck.

In the past five years,

Dublin BIC Investor Ready in 2018 Hexafly is developing new material sources for the Aqua feed, Chitin and plant nutrition industries. All products come from sustainable farming of insects. Hexafly have to date raised a total of €1.2m investment and have built a 1500m2 farming plant to support the development and scale of the business.

Volograms - The AR/VR start-up is developing computer reconstruction software that will enable and empower anyone to create their own content, bringing augmented reality to the next level. Volograms is currently collaborating with Trinity College to engage audiences using volumetric video and augmented reality. They are also collaborating with the Royal College of Surgeons, creating a new standard in the delivery of training and education.

UX Design Institute - Setting the standard in UX design education with the universityaccredited, industry-approved online course. The UX Design Institute has developed partnerships with leading Universities including; Glasgow Caledonian University, Scottish credit qualification framework and European qualifications framework.

Everest Granola – With a vision to build a global business that innovates, Everest Granola has created a range of food products that meet both health and convenience needs. With a roll out into Irish retails chains in 2018, this Irish start-up is set to take on the United Kingdom in 2019.

Geowox – A SaaS platform providing swift real estate valuations to brokers, lenders and insurers have secured Horizon 2020 funding in 2018. They are also trialling the platform with BOI, Ulster Bank and KBC.

CroiValve - Trinity College spinout and Enterprise Ireland HPSU approved medical technology company Croivalve have had a very successful year, onboarding investment, Croivalve was chosen as a finalist at the Medtech rising, Irish Medtech Awards 2018.

Dublin BIC investor-ready companies have raised

€81 million

2018

first round seed funding.

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65

clients

30

completed business plans

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Investor-Ready Preparation

INVESTOR-READY PROGRAMME


2018 Innovate Programme Participants

For many entrepreneurs, one of the most daunting steps is to fully commit to a new business. For some, this might mean leaving a secure career or investing savings. Dublin BIC actively supports entrepreneurs at this pre-product stage by working with them to establish how robust and feasible their idea is.

Hidden Hero’s - Founder Aileen Cox Blundell

Hidden Hero’s has created a range of healthy vegetablebased food products for children. Their first to market product is a range of vegetable bites aimed at encouraging children to eat more vegetables.

Dublin BIC Smart Start offers guidance to early-stage and developing companies, meeting the requirements of entrepreneurs whether they are at concept, ideation stage or development stage.

Culture Pro - Founder, Marie Therese Shortt

The brainchild of Norwegian/Irish founder, Marie, the Culture Pro platform provides intercultural tools and training to companies and individuals. This platforms aim is to allow companies to communicate across their diverse cultures as they understand business is global.

HubSku - Founder, Freda McEnroe

an Enterprise Ireland programme

Campus Start 8

Combimark - Founder, Aisling Snow, Fiona Snow Developed an innovative marker that is used in the clinic radiology field, the marker is biodegradable and made from nontoxic fabric which is user and patients safe.

Sprint, an Enterprise Ireland accelerator programme delivered by Dublin BIC, is designed to prepare pre-investment start-ups for the process of becoming investor-ready. Participants will acquire an understanding of how to identify and segment target customers, develop a compelling customer value proposition, a deep understanding of the sales process and the importance of customer validation as part of the process.

Beekon Batches - Founder, Karen O’Neill

Innovate, a dedicated accelerator programme for Female Entrepreneurs was successfully run by Dublin BIC in partnership with Enterprise Ireland for its second year in 2018. Ten female-led innovate start-ups participated in the programme over 12 weeks. This intensive programme focussed on business plan development, commercial strategy, the route to market and sales success as part of the investor ready approach.

I warmly congratulate Dublin BIC on its 30-year anniversary and look forward to continued collaboration in the future.

Julie Sinnamon, CEO, Enterprise Ireland

HubSku connects suppliers and resellers in an online marketplace, providing experts, professionals and businesses with a ready to go shop page, enabling them to sell and profit from products that they recommend and endorse

ES2 – has assisted 56 companies in early-stage business plan development in 2018. With 71% receiving ongoing assistance. 29% have been referred to a 3rd party early stage accelerator programme, or the Dublin BIC Investor-Ready Programme for business plan development. Dublin BIC works closely with Trinity College Dublin to support the development of start-ups and spinouts on campus. Dublin BIC supports the creation of new companies and high potential start-ups from within Trinity’s research community. Campus Smart Start works alongside Trinity’s other entrepreneurship functions including the Innovation Academy, Launchbox and LaunchPad.

Beekon Batches is a 5% Alcohol beverage produced from honey, water, champagne yeast and added nutrients. A beverage that has natural health benefits, naturally gluten-free and environmentally aware.

Investor-Ready Preparation

Enterprise Ireland has worked closely with Dublin BIC over the last 30 years to support the development of a vibrant start-up community in Ireland. The Dublin BIC Investor Ready Programme is very well recognised for its preparation of entrepreneurial management teams to secure private funding, complementing Enterprise Ireland’s activity in growing innovative and scalable companies. Dublin BIC has a key role in managing HBAN, The GEC and The AIB Seed Capital Fund to further the development of the next generation of successful Irish entrepreneurs.

My Name is Ted - Founder, Brendan McEvoy and Katarzyna McEvoy An award-winning luxury Irish Brand built on a heritage dating back to 1942 when the grandfather of Brendan McEvoy made leather goods using his mouth and left hand. The brand now designs and manufactures luxury tech leather bags and accessories.

Finca Skin Organics - Founder, Finola Fegan

An online Skin care range. Finca Skin Organics make skincare for sensitive skin, in particular, the condition known as Rosacea. This conditions effects over 14 million Americans, so their focus is to scale globally.

Hildramed Solution Ltd - Founder, Suzanne Moloney

Redefining patient led wound care, HiLdraWare aims to combat the problems that occur from wound care for people with HS (Hudradenitis Suppurative), a debilitating skin disease that effects 1% of the population. The novel wearable addresses the life-impacting shortcomings of current wound care solutions.

Wellola - Founder, Sonia Neary

Wellola offer exceptional physiotherapy packages. This online platform offers a full range of physiotherapy supports, including in-home care, video consultation, corporate care services and software services for other healthcare providers.

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Halo Business Angel Network (HBAN) 2018

5 HBAN Success Stories Food, Beverage

¤25k

Business Angel Network Award for best Globally Networked Organisation 2018 (New York and London Launch should be part of the going global highlight and not standalone)

∂ HBAN announce partnership with New York-based

Digital Irish.

from HBAN Syndicates.

∂ HBAN angels get a 10x return on iCabbi

∂ History-making 300 Irish angels attend HBAN’s All-

Island Conference.

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¤224M

¤50k

angel money & leveraged funds

Or less

12

¤46k

Syndicates & National Network

Average individual investment in Syndicate

Average Angel investment per deal -

¤209K

3

International Syndicates at early stage

Sector Breakdown

48% ¤25k

ICT

invested by privates in those deals

Or less

Cleantech 2%

¤224M

SECTOR

angel money & leveraged funds

Or less

BREAKDOWN

12

¤46k

Average individual investment in Syndicate

Average Angel investment per deal -

¤209K

10x return return on iCabbi

Food, Beverage & Agriculture 16%

451

¤50k

HBAN angels get a

48%

Mark Little is the founder of Storyful.com, an online news service which curates useful content Medtech from authentic user generated 25% social media Lifesciences sources. Storyful was established in 2010 and acquired by News Corp in Dec 2013. HBAN was instrumental in arranging angel funding for Storyful, when it raised its 4% Engineering initial round of €430K, leading to subsequent rounds totalling €3 million. Mark Health & Manufacturing Beauty 5%presented to the angels in September 2010 and the HBAN business angel investor made a return of seven times his investment when Storyful was sold to Rupert Murdoch’s News Corp for €18million (7x) in December 2013.

deals in total to date

84%

∂ HBAN’s new London Syndicate to invest €3M in

Irish start-ups. ∂ Trinity spin-off ProVerum Medical raises a €3.5 million investment round including investment

451

84%

¤94.4M

48%

deals in total to date

Or less

5 HIGHLIGHTS FOR HBAN FROM 2018: Phorest investment. ∂ HBAN go international - HBAN scoops major European

invested by privates in those deals

Syndicates & National Network

3

International Syndicates

25%

at early stage

Health & Beauty 5%

4% Engineering Manufacturing

Medtech Lifesciences

Hexafly was established in 2016 by Alvan Hunt and John Lynam in response to the growing issue of the global food shortage. The founders developed an innovative method of sustainable insect farming that converts low value waste streams - using black solider flies – into high-value feeds, fertilizers and bioplastics. This innovative Irish company is tackling the global issue of sustainable protein & food shortages. HBAN angels have invested €900,000 across two rounds of funding into Hexafly, they have secured a total of €2.2m after closing a recent round of €1.1m and are now targeting a €10M series A round in 2019. Founded in Dublin in 2010, iCabbi provides dispatch management software that can be used by taxi fleets and private hire operators. It operates in Ireland, the UK, the United States and Canada, powering more than 75,000 vehicles who have completed over 300 million trips using its platform. The software enables traditional taxi companies to compete with new entrants such as Lyft and Uber. The Renault Group made a 75% investment in iCabbi in June 2018, which allowed the early stage investors including the Bloom Equity group to exit (10x), there were two investments made via this group in 2013 and 2016. AventaMed is a pioneer of innovative devices which facilitate the moving of ENT surgery from the operating room to the clinic. HBAN is responsible for 90% of AventaMed’s post spinout funding which now totals over €3m. Over two rounds of investment (Seed and Series A), AventaMed has secured €2.4m of angel funding involving 36 angels. AventaMed has also demonstrated the power of the angel network to bring in second round funding (both private and institutional).

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Access to Finance

48%

The all-island umbrella group, which is backed by Enterprise Ireland, InterTrade Ireland and Invest Northern Ireland, works on a regional basis to support the formation of new angel networks and works with existing angel networks to develop their capability and capacity, and across a range of industry sectors. HBAN also acts as a voice to Government, stakeholders, business and the media to promote the interests and needs of the wider angel investment community. HBAN is managed by Dublin BIC in partnership with the regional Irish BICs in Cork, Galway & Waterford. and with Clarendon Fund Managers in Northern Ireland.

∂ HBAN angels get a 10 times return on

ICT

¤94.4M

HBAN is an all-island umbrella group responsible for the development of business angel syndicates. HBAN actively works to increase the number of angel investors involved in investing in early stage companies and supports the formation of new and existing angel networks, both regionally and internationally, and within industry sectors.

16% Agriculture Founded in 2004&by Ronan Perceval and Jamie Myerscough, Phorest, which provides management software for hair and beauty Cleantech 2% salons, raised €700,000 from 12 HBAN angel investors in two funding rounds in 2011 and 2013. The software is used in more than 4,500 salons in ten countries around the world and the company now employs over 250 people. In June of this year, Phorest completed a third SECTOR investment round of €20 million with US investment firm, Susquehanna Growth BREAKDOWN Equity (SGE). The SGE investment facilitated a buyout of and substantial return (10x) for eight of the initial HBAN investors.


The Dublin BIC AIB Seed Capital Fund portfolio as of 31st October 2018:

40 companies selected for investment by Dublin BIC over an

7-year period

To be launched in 2019

A fund for entrepreneurs by entrepreneurs

€30m+ FUND

10 YEARS 5-year primary investment period

Ireland Smart Tech Fund - A €30m+ fund positioned to invest at an early-stage in truly transformational technology companies. This new Dublin BIC fund presents an opportunity for investors to capitalise on Dublin BIC’s successful track record of selecting and investing, at an early stage, in some of the best technology investment propositions in Ireland.

30

EARLY STAGE TECH

Companies

Seed & Series A

6/7 investments per year

€200-€650k

IN FIRST ROUNDS

Max €2.5m cumulative

DELIVER

€50m+ VALUATION EXITS Target 5x-10x return on each investment

Access to Finance

The Dublin BIC- managed AIB Seed Capital Fund has to date invested €13.7m in 40 companies through 87 investment rounds. Portfolio companies have attracted an additional €78m in coinvestments. With investment from AIB Bank and Enterprise Ireland, the AIB Seed Capital Fund was established in 2007. A significant number of companies in the Fund portfolio are now well-established and growing into significant international players within their industry sectors.

(1st round period)

€13.7m invested through 87 investment rounds

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CoConnect Initiative This is a collaboration between the GEC and Enterprise Centres & Hubs across Ireland.

The GEC (Guinness Enterprise Centre), managed by Dublin BIC, is a community of entrepreneurs working in a dynamic environment specifically geared towards supporting ambitious, growth-orientated companies. The GEC offers private, shared and co-working office space, meeting rooms and conference facilities, 24/7access and an on-site café.

Offering a ‘home away from home’, the GEC is engaged in a collaborative effort, with our extensive network of centres nationally to develop regional start-ups while supporting and growing our vast network of entrepreneurs together. CoConnect also provides start-ups the opportunity to participate in the GEC’s University Partnership Programme.

World Class Centre To Start or Scale your Business We provide a modern, spacious and flexible working environment supported by best-in-class business support services. What sets the GEC apart is its vibrant entrepreneurial community and a strongly influential start-up support ecosystem.

#1

World’s Top Business Incubator

(Collaborating with University)

The GEC collaborates with top MBA Programmes and Universities globally. These collaborations afford entrepreneurs, innovative start-ups and others exciting opportunities, such as, live strategic business projects, internships and collaborative research initiatives.

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In the GEC you can immerse yourself in : ∂ An environment of likeminded entrepreneurs. ∂ Work alongside start-up business advisors and seed capital investors. ∂ Gain access to programmes & supports geared to helping you develop your business and accelerate the process of becoming investor ready and securing finance. ∂ Participate in our regional CoConnect and GEC University programmes

2018:

A Year in Review

90%

Capacity

450+

Employed On-site

150+

Co-Working

100+

Resident Companies

40+

Regional Partners

30+

University Partnerships

Dublin BIC recognises the requirements for flexible space for start-ups and entrepreneurs in Dublin and is very pleased with the success of Space@DublinBIC Dawson St which was launched April 2017. Dublin BIC continued its efforts in 2018 to build on the Space@DublinBIC concept. Watch this space for news of new city centre location opening soon.

World Class Incubation

The 450+ entrepreneurs based here in the GEC are supported by a start-up ecosystem that provides access to networking events, seminars, workshops and social events.

Big names that have come through Space@DawsonStreet: RecommenderX, Black Shamrock Games, We are Kinzen (Formally Neva Labs - Mark Little) and Fathom.

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FUTURESCOPE Ireland’s #1 Innovation Event Now Ireland’s #1 innovation event, FutureScope is the only conference dedicated to exploring new business opportunities arising from emerging technologies. Held in the Convention Centre on 31st May 2018, FutureScope hosted business leaders, innovators and entrepreneurs across four stages – Insights Stage, Innovation Stage, Collaboration Stage and Entrepreneurship Stage exploring trends, innovations and predictions around IoT, data analytics, cybersecurity, smart cities, 5G, artificial intelligence, AR/VR and many more.

159

41

speakers & panellists

exhibitors

Community & Collaboration

1311

attendees in 2018

Shout out to FutureScope supporters - Dublin City Council, Enterprise Ireland, Science Foundation Ireland, Smith & Williamson, OBH Partners, Vodafone and many more.

Some of the companies that participated in FS18

2018

A competition to find Ireland’s most scalable new business idea, the FutureScope One2Watch identifies four finalists get to pitch their idea on the FutureScope stage with one being crowned the FutureScope One2Watch! Dublin BIC is pleased to announce that the One2Watch finalists of 2017 and 2018 went on to raise a combined total of €6.2 million.

FS19 Space@DublinBIC_BusinessCard_Fiona Murphy_Sept2017_PRINT.pdf

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CO-WORKING & PRIVATE OFFICES

Flexible. Affordable. Central.

Empowering Entrepreneurs to START and SCALE

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Dublin BIC hosts four Dublin BIC Funding & Scaling Series events each year. The quarterly event explores different approaches to fundraising and scaling and entrepreneurs can ∂ Learn about the early stage investment landscape ∂ Hear the perspective of experienced investors ∂ Download from start-ups that have successfully funded

and scaled their business

∂ Question the advisors that prepare start-ups for

investment

FUNDING & SCALING Quarterly event exploring approaches to fundraising Community & Collaboration

F&S FEBRUARY 2018 - Marker Hotel Feargal Brady, Blueface ‘Scaling, merging and international growth’ Fiona Edwards Murphy, ApisProtect ‘Creating a buzz in international markets’

F&S JUNE 2018 - Facebook Dublin HQ

iCabbi co-founder and CEO, Gavan Walsh – ‘From start-up to scale-up, the journey to exit’ Patricia Mangan founder of Maikology ‘Perspectives from a start-up: The hardward funding journey’

F&S SEPTEMBER 2018 - Marker Hotel

Jennifer Rock, CEO & founder, The Skin-Nerd - ‘Building the Nerd Network’ Orlaith O’Brien, OBH Partners ‘Exploring the legal structure required for growth’ Ronan Quinlan, Co-founder and CEO of Taoglas - ‘Global trailblazers in IoT’

F&S November 2018 - Facebook Dublin HQ Lukas Decker, CEO and founder, Coindrum ‘Loose change stacking up investment’ Ronan Perceval, CEO and founder, Phorest ‘Global success and evergreen investment’

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FUNDING & SCALING SPEAKERS AND PANELLISTS

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Micksgarage Glofox Brite:Bill CheckVentory Growing Capital Frontline Ventures HBAN Tribal VC Enterprise Ireland Smith & Williamson Dublin BIC HealthBeacon HouseMyDog Eversheds Sutherland iCabbi Maikology The Skin Nerd Taoglas Facebook Coindrum Phorest Swoo Dublin City Local Enterprise Office IVCA Blueface ApisProtect OBH Partners

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Thank you to our Funding & Scaling partners in 2018:

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30 Years of Highlights 1988 Dublin BIC established

1991

1998

Ireland’s first seed capital fund: €1m Business Innovation Fund

Dublin Investor Register Service (pre-cursor to today’s business angel networks) launched

2017

CO-WORKING & PRIVATE OFFICES

Flexible. Affordable. Central.

VENTURE FUNDING

2014 First FutureScope (originally Silicon Stroll)

2008 Dublin BIC becomes Fund Manager for AIB Seed Capital Fund

2000 2005

6000m2 Guinnesss Enterprise Centre opens.

Dublin BIC wins contract to manage pilot HBAN

2014 2012

HBAN Hosts European Business Angel Congress in Dublin Castle

2018 GEC Named UBI #1 Global Incubator (Collaborating with Universities) at World Incubation Summit

2016

Empowering Entrepreneurs

to START and SCALE Launch of space@dublinbic on Dawson Street, home to 200 employees at its peak

FutureScope moves to the Convention Centre with 1000+ attendees

2018 HBAN extended to all Island basis & first international angel syndicates launched

2017 Dublin BIC Funding & Scaling Series launched

2019 €10m Expansion of GEC announced to scale to 750 employees

HBAN 100th deal milestone reached 20

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DUBLIN BIC START-UPS 1988-2018 247 Meeting > 250Kal > 20-20 Insights > Ability Software Ltd > Activation Energy > Actus Mobile > Adaptive Mobile > Addoceo Digital Media

Moving Media Ltd > Msemicon Teoranta > Mxsweep > Mypp > MyPlace Connect > Nasal Medical > Network Recovery > New Life Learning > Newswhip

Ltd > AER Sustainable Energy > Alba Logistics > Alpha Wireless

> Register.ie > OCREX > OddsFuture > Officemetrics > Omac >

> Anveck/Hole More Puts > Aphix Software > AQZ Ltd > Arann

Omnimotion Technology > Onformonics > Onlinetradesmen >

Healthcare > Arconics Ltd > Arekibo > Aspirico > Atomic Sports > AV Edge Ltd > Axonista > Balcony TV > Balls Media > Bankhawk Analytics > Barracuda > Benetel > Betapond > Beautifeye > Big Mountain > Bloom Magic > Blueface Ltd > Boulder Media > BNC > Britebill > Bookapitch > Brown Bag Films > Build Online > Busterbox > C.C.S Ltd > Caragon > Cashflow Works > Celtrino > Changing Worlds > Chasing Returns > Check Ventory > Chilly Moo > Cibenix > Cinario > Circle B2B Ltd > CiviQ > Clean Communications > Clevamama > Cleverclogs > Clinics in Motion > Clirinx > Cluey Systems > Cognikids > Coindrum > Conference Plus

Openjaw Technologies > Opitgen > Optrace > Oriel Sea Salt Company > Pharmapod > Pilot Photonics > Picosoft > Pix. ie > Pixalert > Point of Care > PowCow Frozen Yoghurt > Precise Design Solution > Prime Carrier > Property Button > Pro Stainless > ProVerum Medical > Puca > Racecaller > Ragespark > Red Sky > Red T > Research & Markets > Respondent 8 > Rip Factory > Ripple Platform > Robo Apply Ltd > Rockwear Online > Rubberstamp > Safefood

Global Services Ltd > Connexicon Medical > CR Entertainment > Crechecom > Credebtors Exchange > Crème

360 > Salespulse > Salon Addict > Scientific Systems

Software > Cruatech > CX Index > Danalto > DataChemist > Datakraft > Davra

> Screenlock.com > Sensormind > Sentient Solutions

Networks > Dayworld Tours > Decawave > Debtors Exchange > DemonWare > Dermot

> Sentry Wireless > Serviceframe > Showme Golf >

Foley Landscape > Digital Marketing Institute > Digital Reach > Digitary > DKI Ltd.

SilverCloud Health > Simulity > Skupenet Ltd > Skypaq

t/a Salespulse > DME Engineering > Dobiquity > Dot.ie Ltd > Dovetail > Dr Coy

> Sláinte Technology > Smartbin > Smart Wall Paint

Health Foods > Dreamtec Software > DV8 Productions > EBOX > eCAT > EC Charging

> Softedge Systems > Sonex Metrology > Sonitus

> Effective Software > EIDA Software Solutions > Elivar > Emergency Nutrition >

Solutions > Soopa Pets > SourceDogg Technologies >

Empower the User > Endeco > Eneclann > Entando > Enterprise Imaging Systems >

Spanish Point Technologies > Specialised Metals Ltd

Errigal Software Solutions Ltd > ESM > Eurocollege Institute of Education > Eventovate

> Spectral Signatures Ltd > Speedauthor > Spoiltchild

> EVEO > Exoftware > Factory Automation > Fenestrapro > Fijowave > Firmwave >

> Squeeler Ltd > Staff Balance > Statcounter

Flowers Made Easy > Fluidedge > Fort Information Technology > Fr3dom > Fun Fitness > Generator > Glanta > Glofox

> Stayhold > Storyful > Straatum > Stratus 5 >

> Go Create Academy > Golfgraffix > Good Travel Software > Greenstreets Enviromental Resources Ltd > H2H Care > Havok

Subrosa > Surfholidays > Surplus Stock Worldwide >

> Healthcomms > Hexafly > Hibernian Healthcare > House My Dog > Huggity > Icabbi > ICAP Media Ltd > Iconic Translation

Swiftcomply > Sytorus > TCAS Online > Tenderscout

Machines > iHotelligence > Ikon > Impedans Ltd > Industrial Training > Infocell > Initiafy > InMusic > Innovatec > Insero >

> Terminal Four > Test Triangle > The Big Create > The

Insight Statistical Consultancy > Integral Computers Ltd > Interactive Return > Invizbox > Isle Systems > Iterate > IT Force > iTraffic > Jam Media > Jobbio > K9 Connectables > Kitman Labs > Klas Ltd > Kleerex > Kosran Ecv Ltd > Labcyte Europe > LCS Informatics > Learning in Motion > Learnosity > LearnUpon > Locumotion Ltd > Louet Woods Products > Lucid Information Management Ltd > Lumafit Ltd. > Magnetic Solutions > Makers and Brothers

Handmade Soap Company > The Oriel Sea Salt Company > TickerFit > Ticket Lord > Topchem Laboratories

>

Touchtel Ltd (Go Ireland.Com) > T-Pro > Transpoco > Trapedza Financial Systems > Tridelta Development Ltd > Universal Trace > Usheru > Vidatech Ltd > Video Crisp > Video Elephant > VideoPil > Vigitrust > Viking Splash Tours > Vircoms Development Ltd > Visible Thread > Visual ID > Voice Engineer

> M-Birr > MCor Technologies > Meetingsbooker.com >

Ireland Ltd > VRM Technology > Wattics > Wellclever > Worldnet TPS

MicksGarage.com > Miravex > M&J Nutrition > MMSoft

> Xpreso Software > X Webs International > Xbox Game Centre > Xintec >

Design > Monread Systems Development Ltd > Motor Check >

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Zamano > ZeroGrey > Zutec

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Get in touch, email startup@dublinbic.ie or call us on 01 671 3111 www.dublinbic.ie www.dublinbic.ie

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