Uncategorised

Croda International Plc (‘Croda’) and SiSaf Ltd (‘SiSaf’) have announced an exciting new strategic partnership which has included Croda acquiring a minority shareholding in SiSaf, with a copy of the full press release being available here. Co-Fund NI (ERDF), managed by Clarendon Fund Managers Ltd (“Clarendon”), first invested in Sisaf in October 2013 alongside Innovation […]

Clarendon portfolio company Sisaf has closed a $4.3million interim funding round led by Vickers Venture Partners with additional capital injections from Innovation Ulster Limited and Co-Fund NI, managed by Clarendon Fund Managers. SiSaf is a young, commercial stage company that develops drugs using bio-courier technology, ProSilic®, a novel method of drug delivery that is based on

Molex, a leading global manufacturer of electronic solutions, announced today the acquisition of BittWare, Inc., a Viridian Growth Fund portfolio company, and a global leading provider of computing systems featuring field-programmable gate arrays (FPGAs) deployed in data center compute and network packet processing applications.

New CoFund portfolio company Liopa, a Belfast-based start-up that has developed innovative lip-reading technology, is poised to bring the world’s first Visual Speech Recognition (VSR) platform to market. The company has secured $1million in funding – led by its initial backers, techstart NI, and QUBIS – which will enable it to commercialise the LipRead platform

CoFund portfolio company Titan IC have announced a licensing agreement for their 40Gb/s Helios RXPF Regular Expression Processor to Silicom Ltd to further enhance their new FPGA SmartNIC platform. In today’s market there is a clear need for hardware acceleration to process the increasing volumes of data at speed and FPGA technology is a key player

AuditComply, a CoFund portfolio company, the leader in Risk & Performance Management software, became the first business to benefit from technology and investment as part of the strategic partnership between First Derivatives and BGF. AuditComply will use the new funding from BGF and existing investors Clarendon/CoFundNI together with First Derivatives’ Kx technology to accelerate its

Insider Media reports that Co-Fund portfolio company Boatyard Distillery has secured a £100,000 loan from the Growth Loan Fund. The funds will be used to purchase two additional stills to increase the distillery’s productivity. Boatyard produces spirits including gin and vodka on the shore of Lough Erne.

BrainWaveBank, a CoFund portfolio company, has been named by Silicon Republic as one of Europe’s top medtech startups. BrainWaveBank hopes to prevent dementia related illnesses by measuring and tracking cognitive health. BrainWaveBank’s goal is to improve well-being by diagnosing the early stages of dementia, allowing for the introduction of therapies that can allow for longer,

SureCert, a Belfast-based startup, has secured funding of £400k to develop and launch an online platform that will revolutionise and accelerate the recruitment process in industries where a high level of verification is required. Initially, the platform will focus on nursing. With plans to create six positions in the next 12 months, SureCert is a

The Belfast Telegraph has reported that CoFund portfolio company Fusion Antibodies is set to list on the AIM market.