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Start-ups – Silicon Republic

Samsung in talks to back France's Mistral at €20bn valuation - FT UK-based Humanoid secures $152m Series A funding Cambridge's CuspAI launches AI Materials Foundry, confirms $450m raise 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 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 Teacher-founded AI edtech Diotima spins out from Trinity 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
Jentic, Spryt, MenoPal among eight KPMG Global Tech Innovator nominees
Tim Barnwell · 2026-07-06 · via Start-ups – Silicon Republic

From left: Cyril Treacy, Disseqt; Eddie McDaid, Galenband; Cormac Chisholm, DevAlly; Waleed Faisal, ArrayPatch; Victoria Finlay, The MenoPal; Kate Clark, Öogo; Sean Blanchfield, Jentic; and Neill Dunwoody, Spryt. Image: KPMG

The KPMG in Ireland finalists are based in Cork, Dublin, Galway, Louth and Monaghan, and offer tech innovations and solutions in a variety of real world fields.

Eight Irish companies have been shortlisted for the national final of the 2026 KPMG Global Tech Innovator competition.

The KPMG in Ireland finalists are based in Cork, Dublin, Galway, Louth and Monaghan, and are nominated for their technology platforms and solutions in the areas of biotech drug delivery; accessible digital products; AI governance and assurance; cardiac health monitoring; management of AI agents; childcare management; AI-powered patient engagement; and menopause and hormonal care.

ArrayPatch has developed proprietary, polymer-free microneedle drug delivery systems that aim to enable painless, targeted and self-administered delivery of medicines. It began as a biotech spin-out at University College Cork.

DevAlly is an AI-powered accessibility compliance platform that aims to assist software teams in building and maintaining compliant, inclusive digital products and websites for accessibility to people with disabilities. Last October, it raised €2m in pre-seed funding to expand its team and scale its presence in the US.

Disseqt is a compliance testing platform designed to enable IT teams to discover and resolve undesirable AI agent behaviours for maintenance of standards and compliance by an organisation’s agentic systems.

Galenband offers an upper-arm wearable designed to capture up to 90 days of continuous electrocardiogram data without adhesives, daily charging or apps, with a specific focus on aiming to improve detection of silent atrial fibrillation after stroke.

Jentic offers a platform and agentic process aiming for safe connection between AI and enterprise APIs and platforms. It became the first Irish company to be selected for the AWS generative AI accelerator last year, and completed a €4m pre-seed raise in 2024.

Öogo has built a childcare-focused infrastructure layer to connect parents, caregivers, employers and hospitality partners on a single platform for the purpose of matching families with trusted service providers.

Spryt provides an AI-powered patient engagement and medical care organisation platform aiming to improve efficiencies in booking, planning, scheduling and care delivery through an integrated AI ‘medical receptionist’. A January investment valued the company at around $12.5m.

The MenoPal offers a unifying intelligence layer for menopause and hormone health by aiming to combine fragmented symptoms, wearable data and clinical information into structured and predictive insights.

Anna Scally, global head of technology, media and telecommunications at KPMG, said: “Our finalists are all focused on solving real world issues. From childcare and women’s health to management of AI agents and effective delivery of drugs, these companies cover almost every corner of the tech landscape and are superb examples of the breadth of innovation occurring across the island of Ireland.

“Each of the CEOs and founders are also hugely ambitious for their companies and the impact their technology can deliver.”

The panel judging the eight finalists will comprise Scally; Cyril McGuire, entrepreneur and CEO of Infinity Capital; Colin Goulding, vice-president for trust and safety at Google; Caroline Gaynor, partner at Lightstone Ventures and chair of the IVCA; and Conor Stanley, founder of Tribal.vc.

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