Tech

Limerick-based Kneat Solutions raises €13.7m in share offering

Eight of the world’s top pharma companies rely on Kneat’s technology, with customers that include Biogen

Kevin Fitzgerald, the chief product officer at Kneat; Eddie Ryan, the company chief executive and Brian Ahearne, chief information officer. The trio are co-founders of the medical software firm. Picture: Alan Place

Kneat Solutions, a Limerick-based company that provides software for the life sciences, healthcare and other heavily regulated industries, has raised CAD$20 million (€13.7 million) from a public share offering.

The tech company, which is listed on the main Toronto Stock Exchange (TSX), was founded by Eddie Ryan, Kevin Fitzgerald and Brian Ahearne in 2007.

Although its operational headquarters are in Limerick, Kneat officially became a Canadian company in 2015 after a reverse takeover that led ...