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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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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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Minister announces new Co-Fund NI funding of over £16m to support local SMEs

Economy Minister, Diane Dodds, has today announced that Co-investment Fund (Co-Fund) NI is receiving additional funding of over £16million to support Northern Ireland SMEs. Co-Fund NI is an equity fund managed by Clarendon Fund Managers. It provides growth capital to early stage, high growth potential SMEs alongside lead private investors. The additional £16million funding is

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NI angel investor network hits £5m worth of investment in first 18 months

22 businesses in Northern Ireland have secured a combined £5m worth of funding from HBAN (Halo Business Angel Network) members, during its first 18 months of operating in NI. HBAN is a joint initiative of Invest NI, InterTradeIreland and Enterprise Ireland, dedicated to the all-island promotion of business angel investment. It allows companies from across

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Belfast-based Thrive develops new communication app for Children’s Health Ireland

The Republic’s largest paediatric hospital has selected Clarendon portfolio company Thrive to create a new employee communication and engagement app for its workforce of over 4,000 people across five locations in Dublin. Children’s Health Ireland (CHI) is responsible for the delivery of acute paediatric services for children, provided in the three Dublin children’s hospital locations

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Boatyard distillery takes new investors’ cash into hand . . .

A distillery which has been producing gin and vodka on the shores of Lough Erne is using a new tranche of investors’ money to add alcohol-infused hand sanitiser to its range. And from this week the new product, which uses ethanol normally used in drinks production and which is manufactured to World Health Organisation specifications,

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Belfast edtech firm Komodo reports fourfold increase in global demand during Covid-19 pandemic

Clarendon portfolio company Komodo Learning an educational technology company has reported a fourfold increase in global demand for its learning tools during the coronavirus pandemic. Founded in 2015, Komodo has developed a maths home learning system on smart devices for children aged five to 11, designed to supplement the primary school curriculum. Before the Covid-10

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Congratulations to portfolio company Titan IC on its acquisition by Mellanox

Today Mellanox Technologies, Ltd. (NASDAQ: MLNX) has announced that they are acquiring Clarendon Fund Manager’s portfolio company Titan IC.  Titan IC’s world class team in Belfast will become the center of advanced network intelligence research and development for Mellanox. “We are pleased to become part of Mellanox and together we will accelerate the pace of

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