Kernel Capital et al. back Zinc Software
Kernel Capital and Dublin Business Innovation Centre have invested тЌ650,000 in Zinc Software, a Dublin-based company developing a biofeedback platform for iOS and Android systems.
Kernel provided a €150,000 investment through the Bank of Ireland MedTech Accelerator Fund. The investment also comprised €150,000 from the AIB Seed Capital Fund, co-managed by Dublin BIC.
The remainder of the funds were provided by Enterprise Ireland and PCH International. Zinc is the first European company to partner with PCH as part of its Accelerator programme.
The fresh capital will be used to drive Zinc's Zen product's market entry in the US. The company will also further develop its SDK programme, which allows licensing partners to integrate Zinc's heart sensor with their own health apps.
Company
Founded in 2011, Zinc is a Dublin-based technology start-up that develops heart sensors aimed at the health and wellness market.
The company's Zen Sensor is a wireless biosensor that clips onto an ear lobe and starts transmitting high-resolution heart waveform data to an iPhone, iPad or Android device.
People
Liam Casey is CEO of PCH. Darran Hughes is CEO of Zinc. Daniel McCaughan is CTO of Kernel. Donal Duffy is the head of Enterprise Ireland Relations at Bank of Ireland. Richard Watson is a partner at Dublin BIC.
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