Kernel Capital, through the Bank of Ireland Kernel Capital Growth Fund and supported by Enterprise Ireland, has led a €1.5m investment in Kianda Technologies.

Dublin-based Kianda has created a cloud-based automation platform that allows users, with or without coding skills, to digitise and streamline their business processes.

Co-founded in 2016 by Osvaldo and Derya Sousa, the company now has over 25,000 users and its clients include Uniphar, Deme Group, Mercury and Aji Bio Pharma.

The surge in remote working has accelerated the adoption of low-code / no-code development technologies, a market which Gartner estimates stood at $13.8 billion in 2021 and is growing more than 20% a year.

"Our vision is to grow our company and become a market leader in no-code development market. We want to empower people with or without tech skills to become makers like us and address their digitalisation needs themselves," commented Derya Sousa, co-founder of Kianda Technologies.

"Kianda is a company on a positive growth trajectory with an excellent product, strong team and building 'blue-chip' clients based in the UK, US, Belgium and Australia," Niall Olden, Managing Partner at Kernel Capital said.

"The achievements of the company to date are impressive and this new funding will ensure the expansion of the team and greater resources for enhanced product development," he added.