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Start-ups – Silicon Republic

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 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 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 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
Solidroad raises $25m as demand for QA product sparks fresh hiring
Suhasini Srinivasaragavan · 2026-04-16 · via Start-ups – Silicon Republic

From left: Patrick Finlay and Mark Hughes. Image: Solidroad

Hiring has already begun and will continue ‘over the coming months’, founder Mark Hughes tells SiliconRepublic.com.

Y Combinator-backed and Irish-founded start-up Solidroad has announced a $25m Series A round led by UK investment firm Hedosophia.

The San Francisco-headquartered start-up offers companies an AI-powered quality assurance and training platform that reviews customer interactions to locate improvement points. This data can also be repurposed to create training simulations.

“Companies handle hundreds of thousands of customer conversations every day, but most can’t tell how well those interactions are actually going. Metrics like response times or ticket volumes don’t capture the actual quality of the experience,” co-founder and CEO Mark Hughes told SiliconRepublic.com.

As AI takes on routine requests, escalated conversations that reach humans tend to be complex and emotionally charged, Hughes noted. This raises the bar needed for human agents, putting pressure on coaching.

“We provide an independent quality layer across every customer interaction, so companies can evaluate performance consistently against their own standards.”

The new funding, as well as a $6.5m seed round in June last year, will help the start-up expand its teams across Dublin and San Francisco.

“We’re really focused on scaling … to meet a clear shift in the market,” said Hughes. Solidroad currently employs 20. The next wave of hiring has begun and will continue “over the coming months”.

“As demand grows from enterprises looking for better visibility and control over both human and AI-led customer interactions, expanding our team is critical to meeting that need and continuing to raise the quality bar across the industry,” the CEO said.

In 2025, the then two-year-old start-up said it had around 50 customers, a number which has since grown a “ton”, according to the CEO. Solidroad works with the likes of Crypto.com, Ryanair and Oura.

“Across all of our customers, we typically see a 20pc increase in quality assurance coverage and 90pc reduction in manual review time,” Hughes said.

Hughes previously founded Gradguide, a coaching and mentorship network for college graduates, in 2019. The company raised $2m before being acquired in 2022. Co-founder Patrick Finlay previously co-founded Monaru, which helped product and marketing teams build in-app experiences.

Solidroad, founded by the two in 2023, joined the Y Combinator accelerator as part of its winter 2025 cohort. Finlay’s previous venture was a part of a previous edition of the accelerator.

Hughes said his biggest lesson take-away as a founder was “learning the difference between a product people find interesting and one they actually need”.

On his experience at Y Combinator, he said: “I also quickly learned how to differentiate between what will actually make an impact versus what’s just a trend.”

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