Marama Labs, a life-sciences instrumentation start-up, has secured €280,000 in funding from Enterprise Ireland to fund the expansion of the company’s Irish operations.
Enterprise Ireland’s High Potential Start-Up (HPSU) investment is part of the company’s Q4 2023 seed-plus round led by leading Irish VC The Yield Lab Europe and brings the total funding of the round raised by Marama Labs to €2m.
The company, founded in New Zealand in 2019, is led by Irish-born CEO and co-founder Dr Brendan Darby with offices in Dublin and Wellington (New Zealand).
Marama was a Victoria University of Wellington spinout company, created by physicists Dr Darby, Dr Matthias Meyer and Professor Eric Le Ru (CSO), when they discovered a fundamentally new way to interrogate highly cloudy liquids using light-based sensors optically; the breakthrough led to the development of its CloudSpec UV-Vis spectrophotometer.
The investment from Enterprise Irelandwill be used to fund the expansion of Marama Labs’ …