New technology to stream data through the internet’s fibre optic infrastructure at super high speeds is the foundation for Pilot Photonics Ltd, which yesterday secured €300,000 in seed capital.

Three former Dell workers — Adrian Fleming, Derek Spillane, and Roy Meaney — have secured a €600,000 investment from AIB’s Seed Capital Fund for their new venture.

AIB Seed Capital Fund has added a record 15 new investees to its portfolio, the AIB/Enterprise Ireland partnership said in its end of year review for 2011.

Limerick firm EpiSensor is to create 10 new sales and development jobs, it was announced today.

PHOREST, an Irish company that has facilitated €250 million worth of deals in beauty salons in Ireland and Britain, has completed a €1.3m funding deal to fuel expansion.

A FIRM that develops computer programmes to help children with learning difficulties has secured a €50,000 investment by taking top prize at an awards ceremony.

CORK-based technology company, Sensl Technologies, has attracted €1.5m in new funding — led by a €500,000 investment by the AIB Seed Capital Fund.

Cork: Ferfics, a Cork-based company specialising in the development of components for mobile phones and wireless devices, has secured €1.7 million of new equity funding leading to the creation of 30 new jobs.

PAYMENT risk specialists Onformonics has raised €600,000 to fund its European growth plans.

A Dublin-based company which specialises in managing risk for companies processing payments is to create 22 new jobs as it embarks on an expansion plan into the Middle East, Africa and the US.

DUBLIN-headquartered web management company Terminal Four has received €1.6 million in funding that will be used to expand its international presence, staff numbers and sales network.

MicksGarage, an online retailer of car parts and accessories, today announced that it has secured €560,000 investment from AIB Seed Capital Fund, Enterprise Ireland and private investors.

THE €30 million AIB Seed Capital Fund is to be located at NovaUCD, the Innovation and Technology Transfer Centre at University College Dublin. AIB was one of the founding sponsors that funded the construction of NovaUCD, which formally opened in 2003.