An Irish MedTech company receives a €6m investment - Members' News - Week 39 - 2021

Sep 25, 2021, by Fionnuala Malone - Category: Members' News

Welcome to GS1 Ireland members' news for week 39 2021. This week, an Irish MedTech company receives a €6m investment. Read on for more.

The Dalkey Food Company launches a range of sorbets

The Dalkey Food Company has developed a new range of sorbets with unusual flavour combinations including strawberry and basil, raspberry and tarragon, lemon and chocolate and orange. They retail at €6.50 for a 500ml pot and will be stocked by independent food stores including Morton’s, Lotts & Co and Nolan’s. They make a handy dessert option, suitable for vegans and can be used as an addition to cocktails.

This information came from The Irish Times.

New Members this week at GS1 Ireland

The companies below joined GS1 Ireland since our last Members News. We would like to take this opportunity to welcome them to the GS1 Ireland community.

Buioch - "Buíoch is an independent producer of craft Irish foods, offering a selection of handcrafted chocolates, fudges and preserves along with a curated selection of products from Irish businesses."

Nicki Hoyne Collection - "The Nicki Hoyne Collection is handmade in Spain by master craftspeople." 

BioAtlantis - "Sustainable technologies to enhance plant, animal and human health."

Seasonal Wreaths by Alison Jane - "Vibrant Boutique Door Wreaths handmade in Lucan, Dublin."

The Naked Collective sets out to raise €20m

The Naked Collective, a Kildare soft drinks start-up, is planning to raise up to €20m in the first quarter of next year. The company, which is behind healthy drinks brand Mude and non-alcoholic So.Beer, recently closed a €6.2m fundraising round. Speaking with the Sunday Independent, Catherina Butler, who co-founded The Naked Collective alongside business partner Niall Phelan, said the planned funding round would be between €15m and €20m. She added that the funds would be used to help drive distribution across North America.

This information came from Independent.ie.

GS1 Ireland members among LinkedIn’s top 10 most sought-after start-ups to work for in Ireland

LinkedIn has announced its list of top 10 Irish start-ups that people want to work for. GS1 Ireland members, Gym+Coffee, The Naked Collective and Spotlight Oral Care  were among the top 10. In order to be eligible for the ranking, companies had to be under seven years old, have at least 30 employees, be privately held and headquartered in Ireland.

This information came from Silicon Republic.

Winners of the Great Taste Awards 2021 revealed

416 Irish products have received a Great Taste 1-, 2- or 3-star accolade from the Great Taste Awards.  Established in 1994, Great Taste is organised by the Guild of Fine Food and is one of the world’s largest, longest-standing and most respected food accreditation schemes. This year, the judges tasted over 14,113 different products from more than 100 countries. GS1 Ireland member, Velo Coffee Roasters was one of the companies picking up an award. The Cork coffee specialists scooped one 3-star, three 2-star and two 1-star awards from the judges. Ballyhoura Apple Farm was also recognised and received three gold stars for their new Ballyhoura Apple Farm Glazing Syrup.

This information came from The Irish Examiner and Cork Beo.

Jump Juice Bars vying for AIB Merchant Services Retail Excellence Awards

Jump Juice Bars are in the running for Ireland’s National Store of the Year for 2021 as part of the AIB Merchant Services Retail Excellence Annual Awards. The overall winner will be announced on November 10 at the Guinness storehouse. The Store of the Year competition was established in 1997 to promote best practices and encourage the highest standards in the Irish retail industry. Former National Store of the Year winners include Avoca, Tilestyle, Applegreen, Arboretum, O’Briens Wines, Galvin For Men, Willow and Green Acres.

This information came from the Offaly Independent.

Ambr Eyewear win Blackrock shopping unit

Ambr Eyewear have secured a prime shopping unit, free of charge for six months, in the newly refurbished Blackrock Village Centre in Blackrock, County Dublin. The ‘readymade retail’ prize is courtesy of the ‘support local’ campaign, Champion Green, and Aviva Life & Pensions Ireland DAC.

This information came from Independent.ie.

Spotlight Oral Care wins sustainable business award

Spotlight Oral Care has received the "Excellence in SME" award for their Zero Waste Box™ Dental Aligner Recycling Program with TerraCycle™, an innovative solution to dental aligner pollution. The Sustainable Business Impact Awards, hosted by Chambers Ireland, showcase best practices in sustainable development and social responsibility undertaken by companies across Ireland. The UN Sustainable Development Goals are at the heart of these awards, celebrating sustainable business practices and championing Chambers Ireland’s alignment with the goals.

This information came from Shemazing.

GS1 Ireland members achieve gold Origin Green membership status for their sustainability initiatives

Bord Bia recently announced that 50 Irish food, drink and horticulture companies had achieved gold membership status based on exemplary performance in reaching their sustainability targets. This marks a 100% increase on last year, reflecting raised ambition in the programme and sustainability from industry members. The companies include many GS1 Ireland members such as Irish Distillers, Eastcoast Bakehouse, Dawn Meats, Áine's Handmade Chocolate, Arthur Mallon Foods, Codd Mushrooms, Greenhill Fruit Farm, Janet's Country Fayre, Kearney's Home Baking, Newgrange Gold and more. 

This information came from the Meath Chronicle and RTÉ.ie.

HealthBeacon raises €6m investment

HealthBeacon, a Dublin-headquartered MedTech company has raised a further €6 million from backers to bring their total investment to date to €25 million. The company has developed a solution that helps patients adhere to their injectable medication schedules by using a smart sharps bin connected to the patient's smartphone and is used for the disposal of injector pens and syringes as well as to track patients’ adherence to their medication regimes. The company announced 100 new jobs earlier this year after signing a new multimillion-dollar partnership with North American home appliances distributor Hamilton Beach Brands. The company’s flagship product is FDA-approved. Prior to the latest investment HealthBeacon had raised €19 million across four separate rounds of seed and series-A funding. Investors include Enterprise Ireland, Bill McCabe’s Oyster Capital, Cantor Fitzgerald, BVP, Elkstone Partners and company management.

This information came from The Irish Times.

The Irish medtech company wins top prize at the Roche Diabetes Innovation Challenge

Galway-based start-up Bluedrop Medical has won the 2021 Roche Diabetes Care Innovation Challenge in association with Chicago-based healthcare incubator Matter. The challenge recognises start-ups that are innovating to monitor and address diabetes and related comorbidities. Bluedrop Medical won the top prize for its patented diabetic foot ulcer detection device that uses AI-powered visual and thermal assessments to allow early intervention. In September 2019, Bluedrop Medical raised €3.7m for its device with support from the Halo Business Angel Network and Enterprise Ireland. It also received funding from Enterprise Ireland and the HSE as part of an initiative to develop new innovations and technologies to address complications related to diabetes. The start-up was founded in 2015 by biomedical engineers, Chris Murphy and Simon Kiersey, both graduates of Bank of Ireland’s six-month incubator StartLab. 

This information came from Silicon Republic.

That's it for this week, be sure to come back next week for more news from GS1 Ireland members around the country. If you are a GS1 Ireland member and you have some news you would like to share, please get in touch at marketing@gs1ie.org, we would love to hear from you.

Tags: Members' News

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