Brendan Carroll and Gary Carroll, founders EipSensor

EpiSensor, a Limerick based company that develops wireless sensor technology that aims to reduce energy costs has secured €850,000 in VC funding. EpiSensor’s wireless technology platform (SiCA) reduces energy costs by providing data from wireless energy sensors that show where energy savings can be made.
“The global potential for wireless energy monitoring systems is enormous,” said EpiSensor founder and chief executive Gary Carroll. “We provide accurate real-time energy usage data allowing our customers to make informed decisions to improve efficiency and reduce costs.”
The VC funding was provided by the Bank of Ireland Start-up and Emerging Sectors Equity Fund, managed by Delta Partners, the AIB Seed Capital Fund, co-managed by Enterprise Equity, Enterprise Ireland and private investors. The funds will enable EpiSensor to create ten new jobs and grow international sales.
“We see major potential for EpiSensor to become international leaders in wireless sensor technology,” says Shay Garvey of Delta Partners.

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