Six companies chosen to find tech solutions to medical problems

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Galway DAILY companies six

Six companies will gain €95,000 in seed funding along with training for the next six months by an NUI Galway initiative supported by Enterprise Ireland. 

The BioExel Accelerator Medtech programme will help them develop innovative new solutions to medical challenges.

They were shortlisted from over 50 applicants.

What is BioExel Medtech Accelerator?

BioExel Medtech Accelerator is the first of its kind in Ireland to focus solely on the medical technology sector.

The six companies, which are all in the scale-up phase, will be based at NUI Galway for a period of six months, to build and commercially validate their technologies by working with existing entrepreneurial networks, mentors and management team.

The companies are:

  • Bioprobe Diagnostics Ltd – Ciaran Geoghegan
  • Bluedrop Medical Ltd – Chris Murphy
  • GiantLeap Biotechnology Ltd – Martin Codyre
  • Hidramed Solutions Ltd – Suzanne Moloney
  • Grey Matter Technologies Ltd – Rory Dunne
  • Q-Pathway Ltd – Niamh Frehill

The successful participants met their first challenge of many, in a three-day clinic on campus with global experts, mentors, and entrepreneur in residence as their market strategy is validated and substantiated.