Medical start-up gets €1.6m capital

MEDICAL start-up company neoSurgical has secured €1.6 million syndicated investment led by Kernel Capital.

Medical start-up gets €1.6m capital
Tue, 20 Sep, 2011 - 01:00
Conor Keane, Business Editor

Minister for Jobs, Enterprise and Innovation Richard Bruton yesterday announced a €1.6m investment in neoSurgical Ltd led by Kernel Capital.

The syndicated investment comprises a €500,000 investment by the Bank of Ireland MedTech Accelerator Fund, with the rest of the funds coming from Enterprise Ireland and a number of private investors including “experienced promoters” from the Irish Med Tech industry.

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CourtsPlace: USPerson: MinisterPerson: Richard BrutonPerson: BrutonPerson: Dawn GuineyPerson: Barry RussellOrganisation: medicalOrganisation: neoSurgicalOrganisation: Kernel CapitalOrganisation: neoSurgical LtdOrganisation: Bank of Ireland MedTechOrganisation: Enterprise IrelandOrganisation: Johnson IrelandOrganisation: neoSurgical Limited
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