[null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3590827.1533842782!/image/image.jpg_gen/derivatives/box_300_160/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3590827.1533842782!/image/image.jpg_gen/derivatives/box_300_160/image.jpg", "formatted_filename": "image", "alt_text": "VStream founders Niall O\u2019Driscoll and Andrew Jenkinson. The digital marketing specialist secured its financing through the Irish peer-to-peer lender Flender.", "rendered_width": 620, "rendered_height": 330}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3673249.1540312441!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3673249.1540312441!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "Bank of Ireland secured favourable grades for the quality of its equity capital buffers, return on assets, and information technology overhaul programme. Photograph: Peter Muhly/AFP/Getty Images", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3663173.1539528080!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3663173.1539528080!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "Core now operate a system that actively protects people\u2019s time. File photograph: Getty Images", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3673505.1540328704!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3673505.1540328704!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "Paulo Dybala of Juventus scores the opening goal past Manchester United goalkeeper David De Gea during the Group H Champions League match at Old Trafford. Photograph: Michael Regan/Getty Images", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3669551.1539976332!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3669551.1539976332!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "BrainWaveBank headset: the device\u2019s sensors collect cognitive data while users play games on a smartphone", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3669137.1540199147!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3669137.1540199147!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "\u2018Businesses have to prepare for Brexit regardless of when it happens. The effort put into preparation now won\u2019t be wasted,\u2019 says John O\u2019Loughlin, PwC global trade and customs partner", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3663228.1539531169!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3663228.1539531169!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "Reduce processed food and increase the amount of fresh produce for healthier meals", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3669388.1539966730!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3669388.1539966730!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "IL", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3664057.1539606444!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3664057.1539606444!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "Bosch VitaFresh will keep fruit and vegetables fresh for up to three times longer than a standard fridge freezer", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3671785.1540220539!/image/image.jpg_gen/derivatives/landscape_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3671785.1540220539!/image/image.jpg_gen/derivatives/landscape_140/image.jpg", "formatted_filename": "image", "alt_text": "While it\u2019s impossible to determine just how much money you might need for the remainder of your life, it\u2019s better to overestimate rather than underestimate.", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3667839.1539862346!/image/image.jpg_gen/derivatives/landscape_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3667839.1539862346!/image/image.jpg_gen/derivatives/landscape_140/image.jpg", "formatted_filename": "image", "alt_text": "Interest rates on the US and UK have started to rise and it is only a matter of time before the ECB follows suit. Image: Irish Times Graphics ", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3660040.1539340606!/image/image.jpg_gen/derivatives/landscape_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3660040.1539340606!/image/image.jpg_gen/derivatives/landscape_140/image.jpg", "formatted_filename": "image", "alt_text": "Minister for Finance Paschal Donohoe: What has he really done for single employees? Photograph: Dara Mac Donaill ", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.2915452.1482409366!/image/image.jpg_gen/derivatives/box_140_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.2915452.1482409366!/image/image.jpg_gen/derivatives/box_140_140/image.jpg", "formatted_filename": "image", "rendered_width": 140, "rendered_height": 140}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3137970.1498747318!/image/image.png", "src": "https://www.irishtimes.com/polopoly_fs/1.3137970.1498747318!/image/image.png", "formatted_filename": "image"}, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/static/podcasts/images/itunes_w90.png", "src": "https://www.irishtimes.com/static/podcasts/images/itunes_w90.png", "formatted_filename": "itunes w", "alt_text": "Subscribe on iTunes"}, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/static/podcasts/images/soundcloud_w90.png", "src": "https://www.irishtimes.com/static/podcasts/images/soundcloud_w90.png", "formatted_filename": "soundcloud w", "alt_text": "Follow on Soundcloud"}, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/static/podcasts/images/stitcher_w90.png", "src": "https://www.irishtimes.com/static/podcasts/images/stitcher_w90.png", "formatted_filename": "stitcher w", "alt_text": "Listen on Stitcher"}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3661383.1539350616!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3661383.1539350616!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": " ", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3661519.1539357190!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3661519.1539357190!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "The Pixel Slate tablet. Photograph: Jeenah Moon/Bloomberg", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3661563.1540207559!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3661563.1540207559!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "The Wacom Bamboo Slate comes in an A4 and an A5 size.", "rendered_width": 140, "rendered_height": 79}, null, {"document_url": "https://www.irishtimes.com/business/technology/irish-tech-company-vstream-takes-less-than-a-second-to-raise-100-000-1.3590828", "unformatted_src": "/polopoly_fs/1.3657493.1539101512!/image/image.jpg_gen/derivatives/box_140/image.jpg", "src": "https://www.irishtimes.com/polopoly_fs/1.3657493.1539101512!/image/image.jpg_gen/derivatives/box_140/image.jpg", "formatted_filename": "image", "alt_text": "Surface Pro 6: priced from \u20ac1069.", "rendered_width": 140, "rendered_height": 79}, null]


Irish tech company VStream takes less than a second to raise €100,000

UCC spin-out Exceedence also turns to crowdfunding to raise funds

Thu, Aug 9, 2018, 12:23 VStream founders Niall O’Driscoll and Andrew Jenkinson. The digital marketing specialist secured its financing through the Irish peer-to-peer lender Flender.

VStream, an Irish digital marketing specialist which focuses on high-end, sports and retail sponsorship experiences, has raised €100,000 in less than one second through crowdfunding.

The move comes as another Irish company, Exceedence, announced plans to raise £250,000 (€278,000) through the British site Crowdcube.

VStream secured its financing through the Irish peer-to-peer lender Flender. It said it intended to use the money as working capital to complete a number of projects it is working on.

The company was established 11 years ago by Niall O’Driscoll and Andrew Jenkinson. Vstream, former finalists in The Irish Times Innovation Awards, creates cutting-edge visual experiences using AR/VR, 3D animation and motion graphics. Its clients include Audi, Manchester City, McLaren, Mercedes, the Aviva Stadium and the Jameson Distillery.

Flender, whose backers include former EY Entrepreneur of the Year award winner Mark Roden and former Ireland rugby player Jamie Heaslip, announced a €50 million debt financing round to fund its expansion earlier this year.

Success fee

The platform was established by Kristjan Koik, Oli Cavanagh and Jeremy Davies in October 2014. It enables businesses and consumers to lend and borrow money through an app that links in with social network connections. There are no lenders’ fees attached, unlike most platforms, but there is a success fee and what the company calls “a small interest margin”.

Separately, Exceedence, a UCC spin-out that has developed a financial modelling and analytics software platform for the renewable energy sector, is more than halfway to meeting its target of raising £250,000 via Crowdcube, just one day after the funding campaign launched.

The company, which makes and sells software to help businesses fast-track, plan, analyse and de-risk their investments in renewable energy projects, intends to use the money to launch a new B2B cloud-based software tool.

Founded by Raymond Alcorn and John Keating in 2015, Exceedence will seek to match funding from Enterprise Ireland should its Crowdcube campaign end successfully.


