Kelsius, a provider of integrated wireless monitoring and internet-based compliance services to the health and food sectors received a £1.35 million injection of growth capital. The funding was led by Belfast-based Enterprise Equity and supported by Viridian Growth Fund and Northern Bank.

Kelsius, a provider of integrated wireless monitoring and internet-based compliance services to the health and food sectors received a £1.35 million injection of growth capital. The funding was led by Belfast-based Enterprise Equity and supported by Viridian Growth Fund and Northern Bank.

Kelsius’ services involve an innovative application of wireless sensors which are placed in cold rooms or hot holding areas. Probes can then wirelessly transmit alerts to users’ phones or email regarding hazards, such as power failures.

Kelsius was advised by the Belfast office of A&L Goodbody who provide legal advice on complex corporate transactions including private equity and venture capital. Catherine Gilmore, lead associate for A&L on the transaction, commented: “The investment will enable the business to respond to growing demand for its systems, which are utilized by 200 customers across Ireland, the UK, Europe and the US.”