Two Irish start-ups, LaNua Medical and Plio Surgical, are heading to San Francisco later this year for the Pegasus Start-up World Cup after winning big at Big Ideas 2024.
“It’s amazing – looking at the other pitches up there I really did not think there was a chance, so it was a great surprise when our name went up,” Dr Cormac Farrelly, founder and chief medical officer of LaNua Medical, told SiliconRepublic.com after winning this year’s Enterprise Ireland Big Ideas pitch last month.
“It’s great, it helps build the profile of the company and legitimises what we’re doing and gives us confidence going forward.” LaNua Medical is a medtech start-up that has developed a minimally invasive solution for embolisation. It aims to spin out of University College Dublin in the coming months and raise funding to scale in the US.
Enterprise Ireland recently published a report on its investments last year, which showed €24m invested in 156 Irish start-ups at various stages of development, across a wide range of locations and across various sectors including medtech, cybersecurity, fintech, sustainability and AI.
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Words by Vish Gain
