Resourcekraft, a Limerick, EIRE-based energy cost control technology specialist, has raised €600,000 in a funding round led by the Bank of Ireland Seed and Early Stage Equity Fund (which committed €500,000), with participation from Enterprise Ireland.
The company, founded by Liam Relihan and Frank Casey in April 2007, delivers dynamic energy management software that enables clients to maximise the efficient usage of electricity and other energy resources such as oil, gas, water and heat.
To date, the ResourceKraft’s technology has been deployed in over 40 customer sites resulting in substantial customer savings.
The company will be moving its headquarters to the University of Limerick campus.
FinSMEs
21/04/2010