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Start-ups – Silicon Republic

European start-ups have best quarter in four years, finds Crunchbase Munich-based fusion energy start-up Proxima raises €411m Limerick operations AI start-up WrxFlo raises €3m Jentic, Spryt, MenoPal among eight KPMG Global Tech Innovator nominees Dublin’s Everhaze secures €450k as AI assistant Lú launches in UK Dublin’s Pilot Photonics wins €10.4m EIC backing for photonic chip scale-up Open AI’s Sarah Friar among backers of Tapestry VC’s new ‘repeat founder’ $80m Fund III Cork medtech NeuroBell bags $5.5m for its AI neonatal monitor CroíValve adds $20m to Series B, taking round to $36m Irish space-tech Ubotica raises $11m to scale AI marine monitoring Ireland's TensorX bags €8m to build sovereign AI infrastructure Paris-based AI company Tsuga raises $35m in Series A funding Two Irish start-ups accepted into Y Combinator's summer batch Irish sports-tech platform Hexis raises $2.1m in seed funding round Karb AI named Digital Start-up of the Year for Northern Ireland Scientific research start-up CuspAI to raise $400m with Jeff Bezos among backers - FT Nax Bioscience and Imragen top Irish Genomics Business Plan competition 7 Irish start-ups transforming the manufacturing floor Cork-based Trustap raises $10m ahead of new product launch OpenAI backs automation start-up Poetic in $50m round Swedish legal-tech Legora plans London and European expansion Dublin-based AI IP start-up Midnight Labs backed by Sony AI company PhysicsX raises $300m in Series C funding round Nvidia, Fei-Fei Li back Generalist’s $400m round to scale AI robotics Irish co-founded Wordsmith raises $70m, plans jobs in Ireland French quantum start-up Quobly bags €115m ahead of market debut Dublin's Fonoa raises $110m and snaps up PwC tax platform 319 Irish start-ups raised €992m in 2025, but funding cooled post Q1 VC funding of Irish SMEs falls 58pc in Q1, IVCA finds Dublin document automation start-up Better Futures raises €600,000 The Interview: Andreea Wade quits VC to fix AI’s invisible plumbing problem EU taps Sweden's EQT to manage major €5bn Scale-up Europe Fund 10 Irish medtech start-ups innovating the game Euan Blair’s edtech Multiverse valued at $2.1bn after $70m raise Dublin’s Lios gets renewed €2m ESA contract for its acoustic tech The Interview: Faye Walsh Drouillard on building an impact fund from Ireland Quantum start-up Algorithmiq raises €18m amid Milan move Europe’s $17bn tech quarter: AI, deep tech win as fintech slides Software company Barespace launches embedded finance platform EU-backed Kembara's first big bet is $160m Quantum Motion round Tissue repair therapy Substrato wins best pitch at EI Start-Up Day Enterprise Ireland pumped €33m into home-grown start-ups in 2025 German quantum computing start-up Eleqtron raises €57m Cork’s Nexalus teams with TuffTek for next-gen cooling systems What EU Inc really means for Europe’s start-ups – a legal view UK's IoT Tribe launches Dublin base with two new hires David Silver's Ineffable Intelligence raises $1.1bn Vinted hits €8bn valuation in oversubscribed €880m share sale Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink Stripe alum's Seapoint raises €7.5m as ‘financial home’ to start-ups Irish co-founded AI start-up Lua raises $5.8m Dublin tech company Vox Talk raises €1.35m in pre-seed round Irish-founded Ulysses raises $46m in rounds featuring A16Z Solidroad raises $25m as demand for QA product sparks fresh hiring Danish finance AI start-up Spektr raises $20m Dublin's Audrey AI closes $1.8m pre-seed funding round Dublin start-up Otel AI raises €2m to expand hotel AI platform Bull and Equal1 to advance next gen of hybrid quantum tech in Europe Dublin AI SaaS provider Apex B2B launches with €1.5m backing Medtech start-up Vertigenius raises €2.55m for US expansion Dublin start-up Zellor bags €850k for AI shopping assistant Irish co-founded Prism Layer out from stealth with $1m raise Galway-based AI start-up Octostar raises €6.1m Space-tech start-up Starcloud raises $170m to hit unicorn status Irish co-founded Icarus to test robot labour in space mission Quantum computing company IQM to fuel R&D with €50m investment French AI start-up Mistral raises $830m in debt Legal-tech start-up Harvey valued at $11bn after new raise of $200m Dublin's Grand raises $5m pre-seed for ‘real-world’ payment network Chip lithography start-up Lace raises $40m for tech development Bluesky reveals it quietly raised $100m Series B back in April 2025 Kota ranks ninth in Sifted’s 100 fastest-growing UK and Irish start-ups list Commission says EU Inc will be in place by end of 2026 ‘Vibe-coding’ start-up Replit raises $400m in Series D funding French insurtech Alan surges to €5bn valuation mark Legal AI start-up Legora hits $5.55bn valuation with latest raise More women founders raising funds, but deal sizes are down Cork insurtech Kayna raises €1.5m seed to fuel US, UK expansion
Teacher-founded AI edtech Diotima spins out from Trinity
Suhasini Srinivasaragavan · 2026-05-25 · via Start-ups – Silicon Republic

From left: Jonathan Dempsey, Tom Pollock, Siobhan Ryan and Dr Ann Devitt. Image: Paul Sharp/Sharppix

Diotima received €500,000 under Enterprise Ireland’s Commercialisation Fund last year.

AI edtech start-up Diotima, founded by former secondary school teacher Siobhan Ryan, has spun out from Trinity College Dublin (TCD).

The platform aims to enable educators to use AI to create assessments and individualised feedback to improve learning outcomes and lighten burdens on teachers.

The spin-out will be led by edtech commercialisation specialist Jonathan Dempsey as CEO, with Ryan, also a biochemist and environmental scientist, becoming chief product officer and learning lead.

Development engineer Daniel Fernandez and AI engineer Dr Long Mai, who have both worked on the Diotima project, will also join the inaugural team.

Dr Eoin Lane, an AI regulatory compliance expert who was formerly the global head of AI and data science at the Bank of New York Mellon, is a governance consultant to the Diotima project.

“This all started when I was working as a teacher and I had a vision for how AI could enhance teaching and learning even before any of the models like ChatGPT launched,” said Ryan.

“I then worked with Tom Pollock and Learnovate to develop this vision into a real-world project.”

Diotima began its partnership with Learnovate in February 2025 and received €500,000 in funding under Enterprise Ireland’s Commercialisation Fund, which supports third-level researchers in translating their research into commercially viable solutions.

The idea was to develop an AI-enabled edtech platform to help teachers and other educators create assessments, as well as provide feedback to learners, all in compliance with European and Irish legislation.

Specifically, the platform meets requirements under the EU AI Act, which has strict regulations around the usage of AI in high-risk sectors such as education.

“We aim to position Diotima as a leader in responsible AI for education,” Ryan said. Diotima will continue to engage with prospective customers and stakeholders for a go-to-market strategy while also seeking new investment.

“Using responsible AI, Diotima promises to develop into a revolutionary platform for learners in secondary schools and professional education organisations, delivering formative feedback and better outcomes overall,” said Pollock, Learnovate’s impact, licensing and commercialisation manager.

Learnovate launched its ‘Responsible AI for Learning’ initiative earlier this year to enable AI implementers and practitioners involved in teaching and learning to share knowledge, interpret guidelines and comply with AI regulations.

The initiative is made up of professionals from all four education domains – schools, higher education, vocational education and training, and professional education – as well as representatives from the Department of Education, teaching unions and other sectors.

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