Maynooth University has spun-out 21 companies in the last eleven years, through December 2018, all based on research work carried out at the University. 2018 was the first year we did not spinout any new companies, but we continue to support our spinout company portfolio. By the end of 2019 we expect to spin out another 2 companies. While our spinouts achieve different levels of success, and several have been dissolved, three of our companies, listed below, have raised more than €20m in capital investment and currently employ 50 people.
2017 Spinout Companies
Empathy Test Ltd is a 2017 spinout company formed by Dr Richard Roche, Psychology Department, and focused on novel assessment techniques.
YAMSU Technologies spunout in 2017 is a company founded by Dr Tim McCarthy of NCG and is focused on Geographic Information Systems.
2016 Spinout Companies
Reivr Fusion Ltd is a 2016 spinout, formed by entrepreneur Joe Moore to capitalise on market opportunities in augmented systems and data fusion for tracking of valuable assets.
Rosadex Ltd was formed in 2016 by Prof Kevin Kavanagh and promoters Nick Duggan and Padraig Maughan to develop and commercialise a therapy for Ocular Rosacea.
2015 Spinout Companies
IVI Services was spunout in 2015. This newly formed start-up venture is now the exclusive distributor of commercial services built on Innovation Value Institute's (IVI) IT-CMF and and future IT best practice research that originates from IVI.
2014 Spinout Companies
Trinsights is a Maynooth University spinout created in 2014. Trinsights helps organisations to succeed through maximising the impact of learning and development with Effective Training Transfer, a concept proven by Dr Paul Donovan, School of Business.
Green Energy Optimisation Ltd. is a technical consulting company spun out by Dr Ronan Costello to provide software and related services for modelling and optimisation of Wave Energy Conversion technology. Building on software developed as part of the TEOWEC project at the Centre for Ocean Energy Research at Maynooth University, Green Energy Optimisation has identified a number of software and hardware tools that together provide a step change improvement in the rate of design iteration in wave energy technology development. Application of these tools facilitates higher product performance and lower cost of development than would be yielded by traditional methods.
2013 Spinout Companies
Caramagic is a joint spinout company (NUIM/AIT), which is developing a number of products for different sectors based on voice changing algorithms developed by Dr Bob Lawlor and Yuhang Ye of the Electronic Engineering Department.
Surface Tension is a spinout company whose first product is a music based application which allows users to interact fluidly with a tablet and produce music in a unique way. This is the culmination of work by Dr Patrick McGlynn and his undergraduate colleague Simon Kenny, winners of the 2013 Student Entrepreneur competition.
2012 Spinout Companies
3Metric was formed by Dr John McDonald and Thomas Whelan of the Computer Science Department. Their technology allows for the large scale scanning of environments using the Microsoft Kinect™ platform.
Odikyo was founded by Ricky Jacob, a Computer Science postgraduate student and former Google employee. Odikyo will commercialise technology which allows for the real time tracking of runners in fun runs and marathons.
2011 Spinout Companies
Avectas Limited was founded by Dr Michael Maguire and Dr Shirley O’Dea, Biology Department, Maynooth University. Avectas technology transfects cells using a new electrospray process, achieving easier and more cost efficient transfection.
ISAAT Technologies was founded by Gerry Corley, formally based in the Callan Institute at Maynooth University. Gerry is bringing an improved transmit and receive hardware solution to this space.
RaiseYourIQ was founded by Dr Bryan Roche, Psychology Department, Maynooth University. The company provides an online training service which allows users to improve their IQ.
2010 Spinout Companies
Neuromod Limited (formerly Mutebutton), founded by Dr. Ross O’Neill from the Hamilton Institute, to commercialise technology developed by him, Dr. Paul O’Grady and Prof. Barak Pearlmutter. Their technology will be used in the treatment of tinnitus.
Aniscan Limited was founded to commercialise technology developed by Dr. Ronan Farrell and Jim Kinsella of the Callan Institute, in collaboration with the company promoter Stephen Murphy.
Cerebeo Limited was founded by Prof John Lowry, Chemistry Department and Dr Jennifer Craig. CereBeo will supply high quality, niche pre-clinical research to the pharmaceutical industry.
2009/2008 Spinout Companies
Beemune was founded by Dr Kevin Kavanagh, Biology Department. It is now in late stage testing of three separate products for bee health.
Bluebox Sensors was founded by Prof John Lowry, Chemistry Department. Bluebox produce implantable micro sensors that allow long term real time measurements of NO, O2 or glucose.
iGeotech was founded by Dr Tim McCarthy, National Centre for GeoComputation, and provides backend solutions to enable Geospatial data services and expects to deliver its own brand front end geospatial consumer products on the back of private investment.
Socowave was founded in 2008 to commercialise mobile communications technology developed by Dr Ronan Farrell, Callan Institute.