Portal Innovations announces partnership with Ireland’s Dublin City University
Venture capital firm Portal Innovations has expanded internationally with a new partnership with Dublin City University (DCU) to support science startups across Ireland.
Portal says the expansion will help create new opportunities for biotech, medtech, quantum, and AI startups across Ireland, the UK and Europe.
The strategic partnership expands Portal’s footprint at DCU, where it opened space earlier this year at DCU’s Innovation Campus. Portal plans to introduce additional lab space to help meet growing demand for physical infrastructure and specialized wet lab facilities to support emerging founders and early-stage companies.
Portal will provide scientific innovators, researchers and entrepreneurs with access to educational programming, networking events and connections to its growing network of innovators, investors and strategic partners in the US.
“Our mission at Portal is to empower world-class scientific entrepreneurs with the physical infrastructure, capital investment, and venture building resources they need to translate breakthroughs into impactful solutions,” explains Patrick Flavin, President of Portal Innovations.
“Our expansion to Ireland in partnership with Dublin City University places us at the source of groundbreaking university-led technologies, enabling Portal to tap into Ireland and Europe’s emerging science ecosystem to support the next generation of innovators.”
The DCU Life Sciences Institute will also play an integral role, further enhancing opportunities for innovation and engagement.
DCU’s President Professor Daire Keogh adds: “This partnership with Portal Innovations represents an important milestone for DCU and the broader Irish life sciences and deeptech community. By combining DCU’s academic excellence and innovation ecosystem with Portal’s investment and commercialization expertise, we are creating a launchpad for Irish and European startups to compete on a global stage and attract and retain the best local talent.”
Portal’s presence in Ireland will increase, with an innovation space opening at DCU Alpha, the University’s dedicated research and enterprise campus. Here, the company will work closely with startup founders, researchers, and industry partners to advance scientific discoveries and bring breakthrough healthcare solutions to market.
