Limerick firm Teckro raises €5.42m in Series A funding

Limerick-based life sciences technology company Teckro has raised $6m (€5.42m) in Series A funding led by Founders Fund — an early backer of firms such as Facebook and Airbnb.

Founders Fund is a leading Silicon Valley investment fund with a long track record of backing high potential companies that have gone on to record significant growth, including aerospace company, SpaceX.

It has now given its backing to Limerick-headquartered Teckro which has developed a software platform that streamlines clinical trials in the pharmaceutical industry.