Press Release: Cirdan Ltd secures £2.3m to expand operations in New Funding Round Led by Kernel Capital Lisburn based Cirdan, is a global leader in digital pathology with clients in over 150 laboratories and hospitals across 20 countries and 6 continents. The Company is growing its revenues with expected 80%+ year on year growth in 2024. Cirdan has successfully secured £2.3m in new funding to expand business operations with the creation of up to 25 new jobs ahead of new contract wins. The investment was led by Kernel Capital through the Bank of Ireland Kernel Capital Growth Fund (NI). Other investors include Clarendon Fund Managers and high net worth private investors. Commenting on the successful fundraising, Stephen Dunniece, Director, Cirdan said, “I would like to take this opportunity to thank our investors for their continued support. This in addition to securing several new contracts will be used to accelerate our operational expansion and deliver on our strong order book for 2023 and beyond.” Read more here: https://lnkd.in/dZKdYSEm #newfunding #investment #growth #expansion #kernelcapital #bankofireland #clarendon
Great news delighted for all involved
Congratulations team Cirdan! Amazing news
Fantastic News, Congratulations Hugh Cormican and the Cirdan team.
People & Culture Leader
1yFantastic news - well done all 👏