Predict your next investment

Venture Capital
kernel-capital.com

See what CB Insights has to offer

Investments

69

Portfolio Exits

7

Funds

7

About Kernel Capital

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. The Bank of Ireland Kernel Capital Venture Funds are independently managed by Kernel Capital. The team, based in Cork, Belfast, and Dublin, leverages its extensive network to enable portfolio companies to recruit the highest caliber people, to break into new international markets, and to generate revenues of scale.

Kernel Capital Headquarter Location

Rubicon Centre Rossa Avenue, Bishopstown

Cork,

Ireland

+353 (0)21 4928974

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Kernel Capital

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Kernel Capital in 1 Expert Collection, including Pharma Startups.

P

Pharma Startups

5,090 items

Pharmaceutical companies working across drug discovery, drug development and drug manufacturing.

Latest Kernel Capital News

B-Secur raises additional funding

Sep 24, 2020

Belfast HealthTech company B-Secur has raised further funding to expand its business reach. The new funding sees Kernel Capital increase its investment to £1.45m while existing co-investors Accelerated Digital Ventures and new investors Clarendon Fund Managers, have also participated. It has developed a software technique that uses an individual’s unique heartbeat pattern, known as electrocardiogram (ECG) in everyday technologies, to securely identify, and provide health and wellness insights at the same time. The technology is embedded into smartwatches, cars and clothing. B-Secure has offices within Belfast’s Innovation Centre, Catalyst. It employees over 35 scientists and engineers and will look to hire additional staff in Belfast and engineering staff in their customer regions including US and China.

Kernel Capital Investments

69 Investments

Kernel Capital has made 69 investments. Their latest investment was in Datactics as part of their Unattributed VC - V on May 5, 2021.

CBI Logo

Kernel Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/5/2021

Unattributed VC - V

Datactics

$2.4M

No

Clarendon Fund Managers, and Par Equity

5

9/15/2020

Series B - II

B-Secur

$1.86M

No

Accelerated Digital Ventures, and Clarendon Fund Managers

3

3/30/2020

Series A

Code Institute

$1.32M

No

Infinity Capital

7

8/22/2019

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

8/1/2019

Seed VC - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/5/2021

9/15/2020

3/30/2020

8/22/2019

8/1/2019

Round

Unattributed VC - V

Series B - II

Series A

Unattributed VC

Seed VC - II

Company

Datactics

B-Secur

Code Institute

Subscribe to see more

Subscribe to see more

Amount

$2.4M

$1.86M

$1.32M

$99M

$99M

New?

No

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Clarendon Fund Managers, and Par Equity

Accelerated Digital Ventures, and Clarendon Fund Managers

Infinity Capital

Sources

5

3

7

10

10

Kernel Capital Portfolio Exits

7 Portfolio Exits

Kernel Capital has 7 portfolio exits. Their latest portfolio exit was Driveway Software on July 22, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/22/2021

Acquired

3

00/00/0000

Subscribe to see more

Subscribe to see more

$991

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

7/22/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$991

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

10

10

10

10

Kernel Capital Fund History

7 Fund Histories

Kernel Capital has 7 funds, including The Bank of Ireland Kernel Capital Growth Fund (NI).

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/24/2013

The Bank of Ireland Kernel Capital Growth Fund (NI)

$42.8M

3

10/24/2013

Bank of Ireland Kernel Capital Growth Fund

Subscribe to see more

$99M

10

2/3/2011

Bank of Ireland MedTech Accelerator Fund

Subscribe to see more

$99M

10

12/31/2010

Bank of Ireland Start-Up and Emerging Sectors Equity Fund 2010

Subscribe to see more

$99M

10

11/9/2009

Bank of Ireland Seed and Early Stage Equity Fund

Subscribe to see more

$99M

10

Closing Date

10/24/2013

10/24/2013

2/3/2011

12/31/2010

11/9/2009

Fund

The Bank of Ireland Kernel Capital Growth Fund (NI)

Bank of Ireland Kernel Capital Growth Fund

Bank of Ireland MedTech Accelerator Fund

Bank of Ireland Start-Up and Emerging Sectors Equity Fund 2010

Bank of Ireland Seed and Early Stage Equity Fund

Fund Type

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Amount

$42.8M

$99M

$99M

$99M

$99M

Sources

3

10

10

10

10

Kernel Capital Team

3 Team Members

Kernel Capital has 3 team members, including current Chief Financial Officer, Denise Sidhu.

Name

Work History

Title

Status

Denise Sidhu

Chief Financial Officer

Current

Niall Olden

Managing Partner

Current

Denise Fahy

Controller

Former

Name

Denise Sidhu

Niall Olden

Denise Fahy

Work History

Title

Chief Financial Officer

Managing Partner

Controller

Status

Current

Current

Former

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.