With more than two decades’ experience in venture capital, Denise Sidhu is one of the stalwarts of the finance sector in Ireland. She joined With more than two decades’ experience in venture capital, Denise Sidhu is one of the stalwarts of the finance sector in Ireland. She joined Kernel Capital in the early 2000s and is currently partner and director at the Cork-based firm. Most recently, Sidhu was appointed chair of the Irish Venture Capital Association (IVCA), the representative body for VC and private equity firms in Ireland.Kernel Capital in the early 2000s and is currently partner and di ..read more

From Left:  Niall Devlin, Head of Business Banking, Bank of Ireland UK; Denise Sidhu, Partner, Kernel Capital & Stephen Dunniece, Director, Cirdan.   12 October 2023   The Bank of Ireland Kernel Capital Fund supports Cirdan Imaging Ltd.’s Global Expansion Lisburn based Cirdan, is a global leader in digital pathology with clients in over 150 laboratories and hospitals across 20 countries and 6 continents. The Company is growing its revenues with expected 80%+ year on year growth in 2024. The Bank of Ireland Kernel Capital Growth Fund NI is please ..read more

Denise Sidhu, Partner & Director, Kernel Capital & Chairperson of the Irish Venture Capital Association. 27 July 2023   Kernel Capital is pleased to announce the election of our colleague Denise Sidhu as Chairperson of the Irish Venture Capital Association.  Denise’s focus will be to work with Government and all relevant stakeholders to put financial structures in place to ensure indigenous technology and life science firms will be able to source funding locally and maximise their potential.  Denise will be the third woman to chair the IVCA in the last four years. “Irela ..read more

From Left: Niall Devlin, Head of Business Banking NI at Bank of Ireland; Denise Sidhu, Partner, Kernel Capital; William McCulla, Invest NI’s Director of Corporate Finance; & Paul Brown, Founder & CEO of DisplayNote. 3RD July 2023 Kernel Capital confirm that Volaris Group (“Volaris”), a global leader in software solutions, has acquired DisplayNote Technologies Limited (“DisplayNote”), a Kernel Capital portfolio company. DisplayNote specialises in wireless casting and video transmission technology, transforming the way parties interact and collaborate within business and educational envi ..read more

Automated Intelligence secures a two-year contract with the Cabinet Office to “Spring Clean” its digital heap. 06 April 2023 On 1 February 2021, the department signed a contract with Belfast-based data analytics firm Automated Intelligence. In a £124,000-a-year deal that ran until 31 January 2023, the firm’s AI.Datalift technology has been used by the Cabinet Office as the foundation for developing an “automated decision-making tool… [that] was piloted on the legacy Apollo data set”. “The tool has proven to deliver accurate and reliable disposal decisions, aiding digital archivists to greatly ..read more

From Left: Ger Goold, Partner, Kernel Capital & John Byrne, CEO, Corlytics Limited. Cork, Ireland   08 March 2023 Kernel Capital portfolio company Corlytics have acquired from ING, Dutch regtech platform SparQ.   The addition of SparQ to Corlytics’ technology stack will allow financial service organisations the ability to identify new regulations or threats, construct robust monitoring and oversight controls, and ensure appropriate policies are in place end-to-end.  Corlytics has partnered with ING on SparQ since 2018 and will now support ING businesses globally wi ..read more

From Left: Siggi Saevarsson, Venture Partner, Kernel Capital; Mervyn McCall, Chairman, Changeover Technologies & Ken Flockhart, CEO, Changeover Technologies. 14 November 2022 – In the Press (article in Sync NI) Belfast-based green tech solutions company Changeover Technologies is set to revolutionise carbon-dependent sectors having found a solution to reuse discarded fine particle waste. With over five years in extensive R&D and an upscaled research and development team,  Changeover Technologies has successfully completed a five-tonne-per-hour pilot test plant. The pilot test plan ..read more

Portfolio News – 23 September 2022 We are delighted to confirm that Bank of Ireland Kernel Capital Growth Fund (NI) portfolio companies B-Secur and Datactics have been shortlisted for three awards at the Belfast Chamber Business Awards 2022 in association with Bank of Ireland.  B-Secur have been shortlisted in two categories, the Business Innovation Award and Technology Business of the Year Award with Datactics shortlisted for the International Trade & Export Award. Now in their seventh year, the event which is organised by Belfast Chamber with Bank of Ireland as the Principal Sponsor ..read more

Portfolio News – 26 September 2022 Bank of Ireland Kernel Capital Growth Fund (NI) Portfolio Company Automated Intelligence have been selected as a supplier on the UK Government’s G-Cloud 13 Public Sector Framework.  For the 13th time running, Automated Intelligence has been confirmed as a supplier on the UK Government’s G-Cloud service.   G-Cloud 13 is the latest edition of the ‘Digital Marketplace’ framework which provides a procurement platform for public sector bodies to purchase cloud hosting, software and support services within the UK.   Automated Intelligence has been named as a p ..read more

From Left: Frank Smyth, Co-founder & CTO, Pilot Photonics; William Oppermann, CEO, Pilot Photonics; Leo Clancy, Chief Executive, Enterprise Ireland & Denise Sidhu, Partner, Kernel Capital. (Displaying design of Pilot’s ultra-high speed photonics telecommunications chip design Kernel Capital through The Bank of Ireland Kernel Capital Growth Fund II confirms a €1.8M investment in Pilot Photonics Ltd, a Dublin City University (DCU) spin-out Company. Photonics is the science of light and it is one of the key enabling technologies of the 21st Century. Now ubiquitous, photonics is used in m ..read more