Clare food diagnostics firm closes €900k funding round

Clare-based food diagnostics firm AltraTech has closed a €900,000 investment round.

20th April, 2014
From left: Dawn Walsh, marketing executive, Kernel Capital; Tim Cummins, chief executive, AltraTech; Roberta Corrigan, sales manager, Bank of Ireland, Patrick Street, Cork; and Margot Marsden, senior development, Enterprise Ireland.

Company: AltraTech

**Done Deal:** €900,000

**The clincher:** ''Our BeadCAP technology directly addresses problems such as the recent horse-burger' and pig-animal-protein food adulteration crises, which saw food producers and retailers being faced with quarantine or re-call decisions, risk of reputational damage and loss of sales. - **Tim Cummins,** chief executive, AltraTech Company

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