Limerick firm raises €2m in funding

Limerick-based semi-conductor firm ChipSensors has raised €2 million in a new funding round led by existing investor Bank of Ireland Kernel Capital Fund.

17th April, 2010

Limerick-based semi-conductor firm ChipSensors has raised €2 million in a new funding round led by existing investor Bank of Ireland Kernel Capital Fund.

The fund has already made €1.95 million available to ChipSensors over nine separate tranches. This latest round brings its fully diluted stake in the firm to 37 per cent. Syndicating partners in the round include Enterprise Ireland and London-based venture capital house ETV Capital.

ChipSensors will use the funding to get its technology...

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