Ireland

Irish startup Nernst Electric secures €1.7 million to scale oxygen generation technology for fish farms

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Irish startup Nernst Electric secured €1.7 million in seed funding from Hatch Blue’s Blue Revolution Fund to develop and demonstrate its ceramic‑based on‑site oxygen generation system, aimed at reducing costs and logistical challenges for fish farms and heavy‑industry users.

BGF Crosses €5.8 Billion Deployment Milestone After 15 Years Supporting UK and Irish Growth Companies

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BGF, a UK-based growth capital provider, has deployed over €5.8 billion across 650 businesses in 15 years, supporting growth-stage companies in the UK and Ireland. The firm focuses on minority equity investments and has generated significant economic impact, including €4.3 billion in exits and 35,000 jobs created.

SumUp Launches Consumer Bank Accounts With 5% Cashback to Deepen Merchant Ecosystem

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SumUp, a fintech focused on small business payments, has launched consumer bank accounts offering 5% cashback on purchases at its merchant network. The product aims to create a two-sided incentive system where consumers earn rewards while merchants receive zero transaction fees. The service is initially available in the UK, Ireland, Germany, France, Italy, and Spain, with plans to expand to all 38 of SumUp’s markets.

Irish HR Platform HR Duo Secures €1.6 Million to Accelerate UK Expansion

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HR Duo, an Irish HR platform for SMEs with frontline workforces, raised €1.6 million led by Puma Growth Partners and Enterprise Ireland to expand in the UK and scale its SaaS infrastructure. The funding supports targeting a €500-700 million SME HRTech market, with plans to achieve 41% ARR growth in 2026.