INNOVATIVE HIGH GROWTH STARTUPS COMPLETE PREP4SEED PROGRAMME & PITCH FOR €14.6 MILLION IN INVESTMENT

22 May, 2024

12 High Growth startups completed the fourth Prep4Seed Programme delivered by the Irish BICs in collaboration with Enterprise Ireland, preparing them for seed investment
Investors and VCs gathered in Enterprise Ireland for the Final Investor Pitch Day
Addaptiv awarded the ‘One to Watch’
Omuu Pet receives ‘Best Pitch’ Award

The first 12-week Prep4Seed Programme of 2024 culminated today at the Investor Pitch Day when 12 startups pitched to an audience of Angel Investors & VCs at Enterprise Ireland’s headquarters. The programme, delivered by the four Irish Business Innovation Centres (BICs), in collaboration with Enterprise Ireland, prepares startup clients for seed investment bringing participants through the investor readiness process quickly and effectively. The Irish BICs are AxisBIC, Furthr, South East BIC & WestBIC.

The 12 Irish based early-stage companies pitching for over €14.6 million in investment were from a variety of industry sectors including: Industrial, Life Sciences, FinTech, Food and ICT.

The pitching Companies were: Addaptiv IT, Agri Data Analytics, Arivu Labs Limited, BioEnz Technologies, EudaOrg, GoChallenge, Inflverse, Omuu Pet, One Bill, Scopey, Smile Genius Dental and Wavescope Ltd.

Leo McAdams, Divisional Manager, Enterprise Ireland said: “The ambition and capability of Ireland’s start-ups has never been higher than it is today. The evidence is clear in the calibre of talent and innovation demonstrated by the 12 start-ups spread across a range of sectors that are pitching today. Through the Prep4Seed programme, delivered in collaboration with the four BICs, Enterprise Ireland will continue to support these future enterprise leaders and start-ups to thrive and influence the future of global business.”

William Nolan, Addaptiv; Frank Clarke, Omuu and Anna-Marie Turley, Manager, Entrepreneurship & HPSU Operations, Enterprise Ireland

Addaptiv, awarded the One to Watch Award, are a Design & Manufacturing company, solving Global Supply Chain issues and Sustainability challenges in Manufacturing.

Omuu Pet, who took home the Best Pitch Award, is a premium hypoallergenic insect protein dog food created by an Irish Veterinary Surgeon.

Commenting on their award, William Nolan, CEO & founder of Addaptiv said "We are incredibly honoured to receive the 'One to Watch' award. This recognition validates our vision and the hard work of our dedicated team. We are excited about the future and hugely grateful for the support of the Prep4Seed Programme and how it has shaped our Investor Pitch and supporting us in raising Investment.”

Participants attended five Masterclasses run by the Irish BICS and tailored one-to-one meetings with experienced BIC consultants which covered a broad range of areas including Sales & Marketing, Financial Modelling, Market Validation, Pitching & Investment and Company Foundation. Participants were also brought through intensive investor pitch preparation sessions and trial pitches preparing them for today’s Investor Day.

To date 54 startups have participated in the 12-week Prep4Seed investor-ready programme delivered nationally by the Irish BICs: AxisBIC, Furthr, South East BIC and WestBIC in collaboration with Enterprise Ireland.