Did you know? Half of the world’s largest tax havens are based out of Europe. At times, the term Tax Haven becomes subjective, in the sense, for some a ‘pure’ tax haven is a country or region where no tax is paid (personal, profession or whatsoever).
For some with a broader scope, the definition ‘Tax Haven’ is defined as a region or countries where the corporate tax rates are comparatively low. A perfect example would be the Netherlands, Ireland, Switzerland and more.
Ireland has been home to a lot of early stages and late-stage startups with global outreach. Quite lately, tech startups working on Cloud-based solutions, AI, Blockchain, and IoT are gaining momentum. Ireland’s capital city Dublin is the place to be for would-be entrepreneurs. It is one of the few places in Europe that is extremely supportive of businesspeople seeking to start up a new venture.
Tech startups in Dublin are based out of SiliconDocks, an area boasting around 7,000 tech professionals. Creating a Silicon Valley-style campus atmosphere, Dublin has attracted numerous tech giants including Google, Facebook, Twitter, LinkedIn, PayPal, eBay, Etsy, Amazon, Groupon, and more to base their EU operations.
Moreover, this city boasts the youngest population in Europe, not-so-strict work visa system and of course four universities as well. Additionally, costs including salaries, rents and professional fees have become more affordable than other European countries in recent years.
Having said that, we have come up with the list of interesting startups in Dublin to work for this year with the help of Dealroom. Check it out.
Iterum Therapeutics
Funding: €95.2M
Founders: Corey N. Fishman, John J. White
Headquartered in Dublin, Ireland, Iterum Therapeutics is a clinical-stage pharmaceutical company dedicated to developing anti-infectives aimed at combating the global crisis of multi-drug resistant (MDR) pathogens. Â The company aims to improve the lives of people affected by serious and life-threatening diseases around the world.
Carrick Therapeutics
Funding: €86.4M
Founders: Ashwani Bahl, Edward Ainscow, Elaine Sullivan
Led by CEO Dr Elaine Sullivan, who has more than 25 years’ experience working in the pharmaceutical industry, Carrick Therapeutics is advancing a portfolio of cancer treatments that target driver mechanisms of the most aggressive forms of cancer, and which will be tailored to an individual patient’s tumour.
Flipdish
Funding: €7.5m
Founders: Conor McCarthy, James McCarthy
Founded in 2015, Flipdish enables restaurants to directly accept online orders and manage their online presence and operations. This platform enables individual restaurants and restaurant chains to compete with takeout aggregators by accepting online orders directly from customers with lower costs and higher control over the customer experience.
TerrAvion
Funding: €9.2M
Founders: Cornell Wright, Robert Morris
The company is an image delivery service, which offers every grower the best imagery solution for agriculture at the lowest price. Their core service is called OverView, which delivers subscription imagery, overnight, throughout the growing season. This allows growers to have a literal up-to-date picture of all of their fields as well as synthetic maps and analysis.
Atlas Dynamics
Funding: €7.3M
Founders: Igor Zhydanov, Ivan Tolchinsky
Atlas is a leading designer and manufacturer of autonomous UAV systems for professional use cases that work with prominent defence, security, and infrastructure institutions in the U.S., E.U., and Israel.
The company utilises its proprietary and cost-effective technology to provides defence and security users with valuable data, quickly and safely, through advanced, highly robust and easy-to-use products.
Siriusxt
Funding: €3M
Founders: Fergal O’ Reilly, Kenneth Fahy, Paul Sheridan
Siriusxt has developed a soft x-ray microscope (the SXT system), which is marketed primarily to researchers working in disease research and drug discovery. It is used by disease researchers, pharmaceutical companies, bio-technologists and clinicians to aid the understanding of disease pathways, protein-drug interactions and bio-engineering processes.
Coras
Funding: €1.9M
Founders: James Bailey, Mark McLaughlin
Coras connects tickets to customers through a global distribution platform so they can purchase tickets through any Coras-connected site. Its pool of ticket inventory will be connected to some of the biggest online brands via API integration, enabling these brands to sell tickets in addition to their core offering.
Advisable.com
Funding: €1M
Advisable helps fast-growing companies find, screen and hire premium marketing specialists with 1,000+ skillsets available on-demand.
AmbiSense
Funding: €1M
Founders: Fiachra Collins, Stephen McNulty
Ambisense is a technology company operating in the environmental sector that has built real-time sensor platforms to generate unique insight about a multitude of industrial and environmental problems to help customers solve complex environmental problems.
XINTEC
Funding: €900K
Founders: Sean Killeen
XINTEC provide Fraud Management and Revenue Assurance software solutions to fixed-line and mobile telecommunications operators worldwide. The company aims to help operators maximize their revenues by eliminating revenue leakage and fraud-related losses. XINTEC target the small and emerging, and mid-size operator segment worldwide, and has customers in EMEA, APAC and the Americas.
Stock photos from Madrugada Verde/Shutterstock
Stay tuned to Silicon Canals for more updates in the tech startup world.
https://siliconcanals.com/news/startups/bridging-the-digital-gap-these-7-striking-european-scaleups-are-working-hard-to-provide-super-fast-wireless-internet-to-everyone-in-the-world/
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