Irish entrepreneurs support air monitoring company ZiggyTec
ZiggyTec, a company that has developed a continuous indoor air quality monitoring platform, has secured a €2.5 million investment from several well-known contractors
Angel investors backing the company include Ergo founder John Purdy, All4One founder Michael Dawson, and Pa Nolan, one of Fexco’s first employees and someone who has backed numerous start-ups. -ups, including Content Llama, Treemetrics, Scurri, Orecco, and Wazp.
Founded in 2018 by Peter Murphy and Kieran Murphy who between them have considerable experience in engineering and energy trading, ZiggyTec uses Internet of Things (IoT) technology to check air quality and send regular reports, as well as alerts if necessary.
Organizations can share information with employees or visitors if they wish via QR codes that can be quickly scanned to get live readings. The information can also be viewed via smartphones, display screens, etc.
Speaking to The Irish Times, chief executive Kieran Murphy said access to live readings gives employees confidence that management is taking steps to ensure staff are protected in the workplace.
The company, which uses wireless sensors that have long battery life and don’t require Wi-Fi, also uses smart sensors to notify facility managers of utility usage.
ZiggyTec was among the companies to shortlist the Irish Times Innovation Awards last year, where it came second in the sustainability category. It had previously raised €1 million in seed funding.
“Since the coronavirus pandemic, we have focused heavily on air quality as employers want to ensure buildings are safe for their employees. Even if things improve and we start to see light at the end of the tunnel with Covid, we want to ensure surveillance continues,” Mr Murphy said.
The company charges €22.50 per monitoring device. Clients include Irish Life, CBRE, Hines, the Higher Education Authority and Baille Gifford.
Mr Murphy said the funding will be used to help the business expand internationally, as the company has undertaken a number of developments for clients in other markets.
“At the moment, the air monitoring side of the business only represents a small percentage of revenue at present, but we expect it to grow up to 60% of sales over time” , did he declare.