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Top 5 health tech startups from Ireland you need to know about in 2019

Editorial team by Editorial team
March 18, 2019
in Startups, AI and chatbots, Health & Medtech, News, Software & SaaS
Top 5 health tech startups from Ireland you need to know about in 2019
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Ireland’s tech regions are evolving! A lot of tech companies based out of Northern Ireland are flourishing on the international arena, building a personality for the region as home to innovative tech startups. Notably, a sheer desire among entrepreneurs to succeed is clearly visible.

It’s a good time to be an Irish startup! With strong research ecosystem both small and large companies are being well supported to do some really innovative work. Numerous Irish tech startups are using cutting edge technology to address the challenges and create opportunities, both for themselves and for those that use their products.

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With that being said, let’s take a look at some of the potential health tech startups from various fields that are making waves in Northern Ireland.

BrainWaveBank

BrainWaveBank allows anyone to measure and track their cognitive health at home, taking just a few minutes daily. Founded by Brian Murphy, Ronan Cunningham, Siggi Saevarsson and Urs Streidl in 2015, BrianWave Bank is based in Belfast, Northern Ireland.

The company’s neuroscience platform measures cognitive performance by monitoring brainwave activity while playing fun, engaging mobile games that test specific aspects of your cognitive health. By playing the games for just a few minutes a day, several times a week, a record of users cognitive health is created.

The gained analytics allow the user to understand how the performance varies over time and how it is affected by sleep, diet, and exercise as well. It will also suggest users make changes to the lifestyle that can optimise their cognitive health and help delay the onset of age-related or illness-related cognitive decline.

BrainWaveBank has raised a total of £3M in funding over 5 rounds. Their latest funding was raised on Jan 10, 2018, from a Grant round.

Neurovalens

Founded by Jason McKeown and Paul McGeoch, Neurovalens delivers innovative solutions in the field of neuroscience, bioscience and neurophysiology.  Moreover, Neurovalens has received support from Invest NI under the European Union’s Investment for Growth and Jobs Programme.

Based out of Belfast, the company launched Modius a couple of years ago, which was designed to help improve the quality of life of those who struggle with their weight through neurotechnology making weight loss easier. The company is on the mission to improve the lives of those who suffer from neurological issues.

Recently, Neurovalens secured £4.6 million (€5.4 million) in a highly successful ‘Series A’ funding round, one of the largest ever raised by a Northern Ireland startup.

Sensum

Based out of Belfast, Sensum provides software solutions to multiple industries looking to capture, understand and act on emotions. To be specific, Sensum builds empathic AI algorithms that turn human data into emotion, physiology & behaviour insights.

Founded by Gawain Morrison, and Shane McCourt, the patent-pending empathic AI engine Synsis automatically calculates user data to derive human emotions & states from any situation.

It combines data with the company’s patent-pending tools for automatically syncing data & media from the widest range of sensors on the market. The company’s tools have measured human data across 20 countries, online, in shops, in homes, in the wild.

It has a big list of clients like in the world, including Ford, Valeo, Red Bull, Jaguar, Unilever, Publicis, BBC, Mindshare and Cisco. Sensum has raised a total of €1.4M in funding over 2 rounds. Their latest funding was raised on Sep 1, 2016, from a Seed round.

Uleska

Uleska, based out of Belfast, has created the world’s first product to automatically secure developing software. The company’s product ‘Secure Design’, automatically inserts cybersecurity protocols and protections into your software.

Further, the company enables software teams to proactively handle software security as they are building products, reducing the need for consultants to run vulnerability scans, and reducing the significant time and effort required to rewrite secure code. Uleska has raised a total of £325K in funding over 1 round. This was a Venture – Series Unknown round raised on Dec 5, 2018.

Machine Eye

Machine Eye has developed an artificial intelligence (AI) safety device for use on tractors, plant, and heavy machinery that recognises human behaviour and movement around the machine and takes control of the machine to pre-emptively isolate or halt the machine to prevent accidental contact of bystanders with the machine.

The product developed provides the operator of the machine with increased situational awareness and aims to decrease the level of accidents that may incur.

In fact, the ag-tech company, won the award for best safety innovation at this year’s Innovation Arena, run by Enterprise Ireland in conjunction with the Irish Farmers Journal.

Image: Stock photos from Henryk Sadura/Shutterstock

Stay tuned to Silicon Canals for more updates in the tech startup world.

 

 

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