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Kneat follows up on its promise of jobs for Limerick

Kneat promises further growth in Limerick following C$22m in financing

Kneat promises further growth in Limerick following fresh financing 2 hours ago51 Views Detail from The Pasture by Joe Fafard, a public art installation in Toronto’s financial district. Image: © Reimar/Stock.adobe.com Listed on the Toronto Stock Exchange, software company Kneat closed an equity financing offering that exceeded expectations. Irish-founded software company Kneat last week sold more than 6.7m common shares at a price of C$3 each, closing more than C$20m in financing. Founded in Ireland, Kneat underwent a reverse takeover from Canadian company Fortune Bay in 2016. The deal saw Kneat listed on the Toronto Stock Exchange but operational headquarters remained in Limerick and co-founder Eddie Ryan continued in his role as CEO.

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