Search Results for 'AIB Seed Capital Fund'

Embo Medical, an early stage medical device company based in NUI Galway’s Business Innovation Centre and focused on developing technology to shut down blood flow in blood vessels, has secured €3 million in seed-funding.

The AIB Seed Capital Fund, co-managed by Enterprise Equity Venture Capital, and the Western Investment Fund, managed by the Western Development Commission, has completed an equity investment in Galway based medical device company Syncrophi Systems Ltd.

PurOrigin, a new venture focused on designing and developing novel, energy efficient, domestic appliances, has won the University College Dublin 2012 NovaUCD 2012 Start-Up Award. In addition to the award the promoters of PurOrigin were presented with a €20,000 prize fund after being declared overall winner of University College Dublin’s 17th NovaUCD Campus Company Development Programme.

PurOrigin, a new venture focused on designing and developing novel, energy efficient, domestic appliances, has won the University College Dublin 2012 NovaUCD 2012 Start-Up Award. In addition to the award the promoters of PurOrigin were presented with a €20,000 prize fund after being declared overall winner of University College Dublin’s 17th NovaUCD Campus Company Development Programme.

Cambus Teo, a Spiddal-based company, has secured investment from Helix Medical, a global manufacturer for the medical device and healthcare industries, which will create 35 jobs. Under the agreement, Helix Medical will provide expansion financing and acquire a 50 per cent share in the company.

Marvao Medical Devices, an early stage Irish medical device company base din Galway and focused on commercializing new products that reduce the risk of catheter related infections, has secured investment of €1.3 million in a funding round led by the AIB Seed Capital Fund along with earlier private investors including Harmac Medical Products and the Western Development Commission.