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Northern Ireland’s early stage companies attracting higher funding

Funding rounds: Brian Cummings, investment director at Clarendon Fund Managers and Alan Foreman, chief executive of portfolio company B-Secur From the Belfast Telegraph: Early-stage businesses in Northern Ireland have been drawing an average of £2.9m in Series A funding rounds, double the figure of the year before, it has emerged. But Co-Fund NI, an equity fund […]

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Tyrone specialists in dismantling oil and gas facilities to set up in Aberdeen

Great to see our portfolio company, DECOM Engineering, that specialises in decommissioning oil and gas facilities, expanding as it opens up a new office and test centre in Aberdeen. Keep up the good work Sean Conway! From the Belfast Telegraph: Company invests £200k to showcase products to North Sea customers Cutting edge: From left, Decom Engineering’s new

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HBAN Ulster passes 100 members and calls for more people to become business angels

A big congratulations to HBAN (Halo Business Angel Network) in Northern Ireland as the network of business angels passes 100 members. In addition, these HBAN members have invested £8.5m into 38 early stage companies in Northern Ireland in less than 3 years. If you are interested in becoming a business angel, or know someone who

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Nanotech developers awarded £42 million government support

Congratulations to our portfolio company, Cirdan Ltd, and its local Northern Irish partners on securing a £42.4m grant (which is helping to leverage additional funding of £21.6m) from the UK Research and Innovation Strength in Places fund. This grant will be used by the consortium to help develop new technology for medical devices, communication and

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B-Secur collaborates with Texas Instruments

Congratulations to our portfolio company, B-Secur, on securing a key strategic partnership and collaboration with Texas Instruments. This collaboration will help provide high-performing sensing capabilities for wearable devices, like premium smartwatches and Wi-Fi-connected optical heart-rate monitors, and enables advanced features for identification, wellness and health monitoring in next generation IOT devices.  From B-Secur.com Belfast, Northern

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Female founders are attracting huge funding from NI investors

Fantastic to see female founded companies such as SustainIQ , The Blinky Blanket Company and ESTHER amongst others raise significant investment rounds so far this year. Congratulations to Maria Diffley, olivia farnan and Carol Rossborough – keep up the good work! It’s also great to see HBAN (Halo Business Angel Network) and its Regional Co-Ordinator,

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Cookstown firm Decom Engineering signs foreign deals after investment

Well done to Sean Conway and the rest of the DECOM Engineering team on securing new business wins in Germany, Holland and Malaysia. This comes after the company has invested over £700k in research and development to speed up its decommissioning of old oil and gas plants. From The Belfast Telegraph: A Co Tyrone engineering

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