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The Bank of Ireland Kernel Capital Venture Funds, investing in the Republic of Ireland and Northern Ireland, are one of the largest and most active sources of equity finance for technology companies on the island of Ireland. Kernel Capital funds are industry performance leaders having delivered Gross IRRs in excess of 20% per annum. Our strategic alliance with Bank of Ireland, the wide range of institutional investors in our funds and our network of over 80 institutional portfolio co-investors ensures Kernel Capital deliver ‘access to funding’ for all stages of company growth. To date, we have raised €210m / £165m in venture capital funds, the latest being in 2015 and with our assistance our portfolio companies have raised over €500m / £420m in equity and debt funding. The Bank of Ireland Kernel Capital Venture Funds are independently managed by Kernel Capital. Our team based in Cork, Belfast and Dublin, leverage our extensive network to enable our portfolio companies to recruit the highest calibre people, to break into new international markets and to generate revenues of scale.
The Bank of Ireland Kernel Capital Venture Funds, investing in the Republic of Ireland and Northern Ireland, are one of the largest and most active sources of equity finance for technology companies on the island of Ireland. Kernel Capital funds are industry performance leaders having delivered Gross IRRs in excess of 20% per annum. Our strategic alliance with Bank of Ireland, the wide range of institutional investors in our funds and our network of over 80 institutional portfolio co-investors ensures Kernel Capital deliver ‘access to funding’ for all stages of company growth. To date, we have raised €210m / £165m in venture capital funds, the latest being in 2015 and with our assistance our portfolio companies have raised over €500m / £420m in equity and debt funding. The Bank of Ireland Kernel Capital Venture Funds are independently managed by Kernel Capital. Our team based in Cork, Belfast and Dublin, leverage our extensive network to enable our portfolio companies to recruit the highest calibre people, to break into new international markets and to generate revenues of scale.
Overview
Location
Ireland, Cork
Employees
11-50
Founded date
1999
Investment Type
Venture Capital
Funds raised 1
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Portfolio 1
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Mentions in press and media 34
| Date | Title | Description |
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| Oct 12, 2023 | Cirdan to add 25 jobs after securing Kernel Capital funding | Lisburn-based Cirdan plans to add up to 25 new jobs after securing £2.3m in funding in a round led by Kernel Capital through the Bank of Ireland Kernel Capital Growth Fund (NI). Other investors include Clarendon Fund Managers and high net w... |
| Jul 19, 2023 | Denise Sidhu elected chair of Irish Venture Capital Association | Denise Sidhu, partner and director of Cork headquartered Kernel Capital, has been elected chairperson of the Irish Venture Capital Association (IVCA). Sidhu is the third woman to chair the IVCA in the last four years and replaces Leo Hamill... |
| Apr 28, 2022 | French platform Reveal ramps up $50 million to boost B2B partnerships | To keep facilitating B2B collaboration, French collaborative growth platform Reveal has raised $50 million in Series A round led by New York-based global private equity and venture capital firm Insight Partners with participation from Eight... |
| Mar 24, 2022 | Pilot Photonics secures €2.9m to progress comb laser technology | DCU spinout Pilot Photonics has completed a €2.9m funding round to progress its novel ‘comb laser’ technology. Pilot Photonics was established in 2011 to commercialise over ten years of research and development undertaken at DCU, Trinity Co... |
| Nov 23, 2021 | Cardano-powered optimizer Genius Yield raises $4.2 million | |
| Nov 8, 2021 | ECG Pioneer Secures Additional Funding | B-Secur, a Belfast-based health tech company, has received new funding from Bank of Ireland Kernel Capital Growth Fund NI and US-based First Capital Ventures. Other existing investors are also participating in the funding round. The company... |
| Aug 1, 2019 | Automated Intelligence Raises £1.6 Million | Kernel Capital has invested £750,000 in Belfast company Automated Intelligence as part of a £1.6m funding round. The Bank of Ireland Kernel Capital Growth Fund (NI) led the fundraising, with the balance of £850,000 sourced from private inve... |
| Nov 8, 2018 | Nova Leah Raises €2.25m Equity Funding | Nova Leah in Dundalk has secured €2.25 million investment from Kernel Capital and Suir Valley Ventures. The funding round was led by the Bank of Ireland Kernel Capital Growth Fund (RoI), with a €1.5 million investment. Taxpayers are also pa... |
| Mar 20, 2018 | Causeway Sensors Secures £1.5M in Funding | Causeway Sensors, a Belfast, Northern Ireland-based developer of a platform for rapid accurate diagnosis, raised £1.2m in funding. The round was led by the Bank of Ireland Kernel Capital Growth Fund (NI) with participation from Qubis and pr... |
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FAQ about Kernel Capital (Ireland)
When was Kernel Capital (Ireland) founded?
Kernel Capital (Ireland) was founded in 1999.
What funds has Kernel Capital (Ireland) raised?
Kernel Capital (Ireland) has announced 1 fund on Parsers VC.
How many startups has Kernel Capital (Ireland) invested in?
Kernel Capital (Ireland) has 1 portfolio company on Parsers VC.
What has the press written about Kernel Capital (Ireland)?
Parsers VC has collected 34 articles mentioning Kernel Capital (Ireland), among them “Cirdan to add 25 jobs after securing Kernel Capital funding” (Oct 12, 2023) and “Denise Sidhu elected chair of Irish Venture Capital Association” (Jul 19, 2023).
Is Kernel Capital (Ireland) still active?
Yes, Kernel Capital (Ireland) is active; its latest activity on Parsers VC dates from Apr 9, 2024.