Dealscape: TCD medtech spin-out enters the market

Bank of Ireland MedTech Accelerator Fund portfolio firm Biocroí has launched its first product onto the market.

26th May, 2012
Greg Treston, manager, Scaling and High Potential Start-Up division, Enterprise Ireland; Peadar MacGaghann, chief executive, Biocroí; Orla Rimmington, operations director, Kernel Capital and Donal Duffy, head of Enterprise Ireland Relations, Bank of Ireland.

Bank of Ireland MedTech Accelerator Fund portfolio firm Biocroí has launched its first product onto the market as it transforms from a research and development company into a product development and manufacturing business.

The Trinity College Dublin spin-out received a syndicated investment of €800,000, led by Kernel Capital through the Bank of Ireland MedTech Accelerator Fund, last September.

Some €500,000 came from the fund, with the remainder provided by Enterprise Ireland and private investors....

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