Enterprise Ireland Leads Ambitious Irish Delegation to Slush 2024
Deal News | Nov 20, 2024 | Enterprise Ireland
Enterprise Ireland, the Irish government's trade and innovation agency, is spearheading a delegation of 24 innovative Irish companies at Slush, the world's largest venture capital gathering. With 14 of these companies actively seeking funding, they aim to collectively raise over €250 million. Historically, the event has been crucial for these companies to engage with international investors and strategic partners, promoting Irish innovative capabilities across sectors such as cybersecurity, artificial intelligence, and drone technology. Notable companies include Provizio with its world-first imaging radar platform, and Manna Drone Delivery, which is expanding internationally. The Nordics remain a key focus due to their vibrant innovation landscape, as reiterated by Enterprise Ireland's CEO, Leo Clancy. The continued success of companies like iCabbi and Payslip in this regional market highlights the importance of this geographical focus. Through such initiatives, Enterprise Ireland supports Irish businesses' global scaling ambitions.
Sectors
- Venture Capital
- Technology
Geography
- Ireland – The article highlights Enterprise Ireland’s initiative to support Irish companies in securing international funding and partnerships.
- Nordic Region – The focus on the Nordic region is due to its growing market for Irish tech companies and its significance in innovation and technology collaborations.
- Finland – Slush, the world's largest gathering of venture capitalists, takes place in Finland where Irish companies are present to raise funds.
Industry
- Venture Capital – The article focuses on the efforts of Irish companies led by Enterprise Ireland to secure venture capital at a major industry event, Slush.
- Technology – The companies in the delegation are involved in advanced technology sectors such as artificial intelligence, cybersecurity, and drone delivery.
Financials
- €250 million – The total targeted amount for fundraising by the Irish companies at Slush 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Enterprise Ireland | Organizer and Leader of Delegation | Government | The Irish government's trade and innovation agency, responsible for promoting Irish companies internationally. |
| Leo Clancy | CEO | Person | CEO of Enterprise Ireland, commenting on the strategic importance of Slush for Irish companies. |
| Provizio | Target Company | Company | Irish vehicle perception company launching a new radar platform at Slush. |
| Manna Drone Delivery | Target Company | Company | An Irish company providing aerial drone delivery services, expanding internationally. |
| Chirp | Target Company | Company | Develops child protection software for smartphones, recognized for its disruptive technology. |
| EVERYANGLE | Target Company | Company | Provides CCTV and AI-based analytics for retailers, with a focus on the Nordic market. |
| iCabbi | Target Company | Company | Offers cloud-based taxi dispatch software, expanding in the Nordic region. |
| Payslip | Target Company | Company | Provides global payroll management solutions, successful in the Nordic market. |