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Equilume, the University College Dublin (UCD) equine technology spin-out company, has announced that it has secured €550,000 in seed funding.

The innovative technology was profiled in The Science Squad Series 3, Episode 4 which aired on RTE One on Monday 17th November. You can view the programme on the RTE Player by clicking here:  http://www.rte.ie/player/ie/show/10345569/

Equilume, which is based in Co. Kildare, has secured the funding from Enterprise Ireland and a number of angel investors based in Ireland, the UK and in the USA. The company intends to use the investment to accelerate sales of its innovative Equilume Light Mask technology within the global Thoroughbred industry to assist breeders to maximise the reproductive efficiency and performance in their horses.

The Equilume Light Mask, which is manufactured entirely in Ireland, is a novel automated mobile lighting device that fits comfortably under a horse’s head collar. The Light Mask has been scientifically proven to provide the optimum level of blue light to a single eye of a mare to successfully advance her breeding season, prevent long gestations and ensure reproductive activity in early foaling mares.

Thoroughbred breeders around the world are currently using the Equilume Light Mask to eliminate the requirement to maintain their non-pregnant mares indoors under artificial lighting and thereby save at least €1,000 per mare per season while at the same meeting crucial industry timelines. The technology is also being successfully used globally to help pregnant mares foal on time.

Dr Barbara Murphy, UCD School of Agriculture and Food Science and the founder of Equilume said, “The Equilume Light Mask has already gained considerable traction within the global Thoroughbred market and this summer we doubled our sales in the key Australian market. This seed funding will help us accelerate our marketing efforts, expand our reach into new market segments and continue to break new boundaries in advancing equine reproductive health technologies with our ongoing new product development.”

She added, “Equilume currently employs 7 people and we plan to increase staff numbers to 11 by end of 2016.”

The Equilume Light Mask has been developed as a result of ground breaking research carried out by Dr Barbara Murphy from UCD’s School of Agriculture and Food Science, in collaboration with Professor John Sheridan, an optoelectronics researcher in UCD’s School of Electrical, Electronic and Communications Engineering.

Dr Brian O’Neill, Manager, High Potential Start-Ups, Lifesciences, Enterprise Ireland said, “This is an amazing success story and a world’s first. We are delighted to have supported this company from a research concept stage right through to commercialisation and global roll-out. I believe Equilume has enormous potential and is a real game changer for the equine industry. It really adds to Ireland’s reputation as a global centre of excellence for equine technology.”

Brendan Cremen, UCD Director of Enterprise and Commercialisation said, “Equilume is an excellent example of a UCD spin-out company, established with the support of our technology transfer and enterprise development team at NovaUCD, which has translated an innovative idea arising from world-class UCD research into a commercial entity which in generating global sales and impact in the Thoroughbred industry.”

Equilume has already won a number awards including Enterprise Ireland’s ‘One to Watch’ Award (2012); overall winner Newbridge 200 Business Start-Up Competition (2012) and a NovaUCD Start-Up Award (2011).

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A software reminiscence therapy for sufferers of Alzheimer’s disease and other dementia called Rempad has won the Clinical Innovation Award 2013, sponsored by Enterprise Ireland and Cleveland Clinic, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD announced on Wed 23rd Oct.

Julia O’Rourke, a senior speech and language therapist, was presented with the award by Minister Bruton at the Enterprise Ireland Med in Ireland event in Dublin today (Wednesday).

Rempad is a new software tool which uses multi-media content to connect carers and residents with memories from the past to enhance the overall wellbeing of nursing home residents suffering from Alzheimer’s.

There are 35 million people living with dementia worldwide, and this will triple by 2050. Rempad’s reminiscence therapy software uses historical artifacts such as photos and broadcast footage to stimulate memories from the past and help individuals or groups to communicate.

O’Rourke collaborated with the Adelaide and Meath Hospital and researchers at CLARITY in Dublin City University to develop Rempad.

 

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The 49th annual BT Young Scientist and Technology Exhibitions gets under way this morning with almost 2,000 students descending on the RDS in Dublin to set up their projects.

Judging begins this afternoon, after an opening ceremony, and winning projects will be announced on Friday evening.

There will be plenty of activity between now and then, however, including a battle royal between a Dalek from Dr Who and Star Wars’ R2D2, the toughest pint-sized robots of all time. They form part of the popular World of Robots show which makes a return to the RDS.

For more click here