Together with Tines, different tech start-ups which have reappeared on the checklist embrace Wayflyer, Manna, Outmin, &Open and Deciphex.
LinkedIn has returned with one other iteration of its annual high Irish start-ups checklist, with no-code automation start-up Tines taking the highest spot.
Tines, which was based by Eoin Hinchy and Thomas Kinsella in 2018, has bagged first place on the checklist after coming in second final 12 months. The beginning-up, which was named by Sifted in 2022 as one of many subsequent 10 know-how firms to attain unicorn standing in Europe, has developed a no-code platform to automate guide safety workloads.
Earlier this 12 months, the previous Begin-up of the Week raised $50m in an prolonged Sequence B funding spherical led by Accel and Felicis.
Ranked simply behind Tines this 12 months is e-commerce financing start-up Wayflyer, which beforehand took the highest spot in 2022. The tech unicorn, which secured $1bn in capital from US funding administration agency Neuberger Berman final 12 months, gives e-commerce companies with loans to kick-start their enterprise or enhance money stream in trade for a share of future income.
Each Tines and Wayflyer just lately featured on France Digitale’s Main European Tech Scale-ups (LETS) map for 2024.
Additionally featured within the high 5 for this 12 months is monetary companies start-up Outmin, which affords accounting and bookkeeping companies for companies within the hospitality sector by leveraging AI; Circit, which has constructed a monetary audit administration platform that connects banks, accounting companies and purchasers; and &Open has developed a digital gifting platform for company purchasers.
Acquainted faces and newcomers
Additionally featured on this 12 months’s checklist is Manna Drone Supply, making its fourth consecutive look since topping the inaugural rankings in 2021. Based in 2018 by Bobby Healy, the drone supply start-up has been making waves within the start-up scene, conducting meals supply trials in Blanchardstown and Dallas-Forth Value in Texas.
Different start-ups which have returned to the checklist embrace pathology firm Deciphex, which was featured final 12 months, and ocean knowledge start-up Xocean, which appeared on the checklist in 2022. Deciphex just lately partnered with Swiss pharma big Novartis to develop AI instruments for drug discovery and improvement, and was topped Medtech Firm of the Yr by the Irish Medtech Affiliation on the finish of 2023.
Xocean, which makes use of robots to gather ocean knowledge, just lately raised €30m in a Sequence B funding spherical led by Venturewave Capital.
Together with the acquainted faces, there are additionally some start-ups making their debut within the rankings, together with electrical automobile (EV) charging firm ePower and tech refurbishment firm Alchemy.
Cork-based ePower, which installs, maintains and manages EV charging infrastructure throughout Eire, just lately raised €16m to broaden its operations.
Alchemy, which is predicated in Dublin, refurbishes smartphones, computer systems and tablets to increase their lifespan.
Based on LinkedIn, the rankings are compiled primarily based on 4 pillars: employment development, engagement, job curiosity and expertise attraction. Eligible start-ups additionally must be seven years previous or youthful and have 30 or extra full-time staff.
“These firms aren’t simply rising quick and garnering consideration from traders and jobseekers,” stated LinkedIn, “they’re additionally constructing revolutionary options which might be shaping the way forward for their industries, whether or not it’s leveraging synthetic intelligence to automate every day work duties or establishing electrical automobile charging networks.”
Final 12 months’s checklist was topped by non-tech start-up Sculpted by Aimee, an Irish make-up model that has operations in Eire, the UK and the Center East.
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