Nine start-ups get cash boost and access to tech giants
Published 29/08/2014 | 02:30
Nine Irish start-ups have been chosen to participate in a fast-track scheme that will see each gain €40,000 and special relationships with firms such as Google, Microsoft and Amazon.
The start-ups include a firm that develops technology to turn photos into business information and a new Irish Bitcoin company.
It also includes Restored Hearing, a start-up that has developed technology to reduce tinnitus.
Set up by O2's parent company Telefonica, the Wayra accelerator fund claims to have processed 21 companies which have collectively raised €7.5m in funding in two years.
In addition to €40,000 and space at the accelerator's Silicon Docks office complex, start-ups will receive consulting expertise from a range of business and technology experts.