Seven Irish tech start-ups to take part in Lab353 accelerator in Dublin

Eleven tech start-ups from Ireland, the US, Poland and India have been selected to take part in Lab353, an accelerator and investment programme based in Dublin and led by SVG Partners and Eircom Business Solutions.

The mobile, cloud and ‘Internet of Things’ start-ups will enter a nine week boot camp style programme, starting on 25 March, with the aim of establishing or scaling commercially viable operations in Europe and the US.

The start-ups will be located in Eircom’s Internet House in Temple Bar for the duration of the programme, where they will have access to markets, infrastructure capability, strategic management consulting, a global network of mentors from Silicon Valley and Ireland, as well as corporate, legal and tax services through Lab353 partners. 

Following the nine week programme, the companies will pitch their ideas to a group of investors at the ITLG Silicon Valley Global Tech Summit in Dublin, with the aim of securing up to US$1m investment each.

A model of the successful Silicon Valley programme, Lab353 was established as a strategic partnership between SVG Partners and eircom Business Solutions, and the programme is also supported by Arvato, Digicel and industry experts from the world’s top technology companies. 

The Irish start-ups taking part are:

  • BFC Analytics from Dublin, which combines expertise from biology, finance and cyber to change how cyber insurance is written
  • TVAdSync from Dublin, which enables advertisers to exploit new mulitiscreen, multitasking behaviours of television audiences by monitoring live television broadcasts and detects when ads air and triggers a heavy burst of online advertising
  • Legalshine from Dublin –  a tool for large organisations to reduce and control their legal costs using text analytics to read legal invoices and then benchmark the spending
  • Cloud KPI from Co Wicklow, which delivers real-time key performance indicators and analytics to SME business owners via their smart devices.
  • Xunity.TV from Dublin, whose product iStream acts like a bookmarking tool to save video content websites to view on TV.
  • Quantum Touch from Dublin, which builds apps across Apple/Android platforms- using a SmartFitApps builder solution.
  • NativeNote from Cork – a note-sharing platform built to easily distribute and index notes for individuals, organisations and study groups.

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