Three of the eight teams nominated for the 2014 EY Emerging Entrepreneur of the Year Award are backed by the ACT AIB Venture Capital Fund. Pat Phelan at Trustev , Brendan O’Driscoll & Aidan Sliney at Soundwave and Andrew Murphy at Slainte Healthcare have the opportunity to follow the team at Barracuda FX, another ACT AIB Venture Fund Investment, the 2013 winners of the award.
Diona has announced the next phase of its expansion: with a development centre in Dublin to support Diona’s market leading mobility platform for Government Services. This centre will be staffed with 40 engineers and compliments Diona’s existing International team of over 90 specialists in this area. Diona secured a €4m investment from the ACT AIB Venture Capital Fund and Investec Ventures in December 2013.
The Swrve team have delivered a step forward for App based business engagement with their real time personalization engine. The platform enables mobile app managers to display targeted campaigns or adapt user experience immediately following user actions. It delivers deep levels of responsiveness to user behaviour.
Scurri gets €1.2m from ACT Venture Capital, Episode One Ventures and Haatch to solve a major friction point in E-Commerce. Delivery Management is a key determinant of customer satisfaction in E-Commerce and Scurri enables Merchants deliver Amazon class service through the delivery cycle this is the central thesis in the ACT investment in Rory and the team.