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FIT, VC Fund

FIT

VC Fund

Glasnevin, Ireland

FIT is an industry-led initiative which works in close collaboration with government departments and national education and training agencies, local development organisations and a host of community based organisations.Their primary partners in education and training include SOLAS, ETBs (Formerly VEC), Third Level Institutions, Leargas, LeaderCompanies, Rapid Coordinators, Local Authorities and Employment Pacts.FIT’s mission is to promote an inclusive Smart Economy by creating a fast track to marketable technical skills for those at risk of unemployment long term. It is the primary industry skills development initiative facilitating collaboration with government, education & training providers and disadvantaged communities to enable greater access to employment for marginalised job seekers.FIT Ltd, a registered charity and not for profit organisation, was established in 1999. The Initiative develops and promotes technology-based programmes and career development opportunities for job seekers who have become detached from the labour market in an increasingly knowledge-based economy.

Total investments:
2
Last investment:
Lead investor:
50%

Last updated:

Industries FIT invests in

SecurityShippingWirelessCleanTechWearables

Stages FIT invests in

Series ADebt Financing

Countries FIT invests in

Switzerland

Contacts

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Investment Focus

Industry

  • Security 1 (50%)
  • Shipping 1 (50%)
  • Wireless 1 (50%)
  • CleanTech 1 (50%)
  • Wearables 1 (50%)
See all 12 industries →

Stage

  • Series A 1 (50%)
  • Debt Financing 1 (50%)

Team

NameTitleInvestmentsLinksEmail
COO Total investments: 0 Find email
CEO Total investments: 0 Find email

Investments

CompanyDescriptionRoundLinks
Daphne Technology is developing a catalyst-free, nano-technology that helps the petrochemical, power and transportation industries reduce air emissions to the levels required by international and national regulations. Daphne Technology’s patented solution can be miniaturized and is especially well-suited to meet the requirements of marine vessels.This approach reduces capital costs when compared to other technologies and can also be used without switching fuel, resulting in a substantial reduction in operating costs. $5M / Series A / Jan 15, 2019
Biowatch is a user-friendly wrist veins biometric reader that functions as a security solution for mobile payment protection and smart device interaction. Users can access the app for enrolling their vein pattern and selecting applications and devices that needs to be connected to their Biowatch, wear their BioWatch and activate it by matchingtheir vein pattern with their enrolled reference, get PKI encrypted user code transmitted from their Biowatch, and start opening doors without the use of keys and passwords.Biowatch was launched by Joe Rice and Matthias Vanoni and is headquartered in Lausanne, Switzerland. $104K / Debt Financing / Jun 15, 2016

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Consumer
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Wellness
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FAQ

What does FIT invest in?

FIT invests primarily in Security, Shipping and Wireless startups, most often at Series A and Debt Financing stage. Most of the 2 investments tracked by Shizune back companies in Switzerland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact FIT?

Public channels for FIT include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at FIT?

The team at FIT includes George Ryan (COO) and Peter Davitt (CEO). The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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