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Reading: Irish start-up Nocomed raises €650,000
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Viral Trending content > Blog > Tech News > Irish start-up Nocomed raises €650,000
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Irish start-up Nocomed raises €650,000

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The Dublin-based health-tech company aims to develop and scale its sustainability platform.

Dublin-based software company Nocomed has raised €650,000 for scaling and development of its sustainability platform aimed at reducing the climate impact of healthcare supply chains.

The seed funding came from Enterprise Ireland, plus individual investors Barry Comerford – founder of Sauleen Holdings and Cambus Medical – and Edmund Wilson, who co-founded Titian Software.

Nocomed aims to help life sciences and healthcare organisations measure, report and reduce carbon emissions across operations and supply chains using software purpose-built for the highly regulated sector.

“Healthcare exists to improve human health, but its emissions and pollution burden increasingly contribute to the very challenges the system is trying to solve,” said Rosemary Durcan, Nocomed’s CEO and co-founder.

The company said that healthcare is responsible for 4pc of global carbon emissions – more than the aviation sector – and that over 70pc of that impact is generated beyond care settings and through the supply chain process.

“We built Nocomed so healthcare and life sciences organisations can clearly see where emissions sit in their supply chains and take practical steps to reduce them, not just produce reports,” said Durcan.

The platform automates supply data collection from science and healthcare organisations to help them continuously track and address emissions in a manner suitable to a European environment of increased regulation around matters of procurement and climate, the company said.

“Our customers use Nocomed as an ongoing system,” said CTO and co-founder Dónal Adams. “When tenders, audits, or reporting deadlines come around, they’re building on what already exists rather than starting from scratch.”

The company has origins at Dublin start-up hub Dogpatch Labs.

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