When was Propelor BIC founded?

Propelor BIC was founded in 1995.

Where is Propelor BIC headquartered?

Propelor BIC is headquartered in Waterford, Ireland.

How many investments has Propelor BIC made?

Propelor BIC has made 12 investments.

What has Propelor BIC invested in?

Propelor BIC has made numerous investments in companies like Kelvinix , Genotrial , and Customs Window within the Building Products, Enterprise Systems (Healthcare), and Business/Productivity Software industries.

What has Propelor BIC invested in recently?

Propelor BIC's latest investment was on 09-Sep-2026 in Kelvinix , a company within the Building Products industry.

Propelor BIC investment portfolio

Propelor BIC Overview

Investor Type

Accelerator/Incubator

Status

Active

Professionals

2

Investments

12

Portfolio

9

Exits

2

Propelor BIC General Information

Company Description

Founded in 1995, Propelor BIC is an accelerator/incubator based in Waterford, Ireland. The firm prefers to invest in early-stage startups.

Business Details

Website

www.propelorbic.ie

Formerly Known As

South East Business & Innovation Centre, South East Business & Innovation Centre Ltd, South East BIC CLG, South East BIC's Business Incubation Centre, South East BIC Business Incubation Centre, South East BIC

Year Founded

1995

Investor Status

Actively Seeking New Investments

Primary Investor Type

Accelerator/Incubator

Corporate Office

Unit 1B, Industrial Park
Cork Road
Waterford X91 DT38
Ireland

+353 (051)

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Propelor BIC Investments (12)

Company Name	Deal Date	Deal Type	Industry	Company Stage
Kelvinix	09-Sep-2026	Accelerator/Incubator	Building Products	Generating Revenue
Genotrial	24-Sep-2024		Enterprise Systems (Healthcare)	Generating Revenue
Customs Window	01-May-2023		Business/Productivity Software	Generating Revenue
Track.One	15-Jul-2018		Financial Software	Out of Business
The Packaging Hub	25-Jun-2012		Paper Containers and Packaging	Out of Business
Bean and Goose			Food Products	Generating Revenue
EirGen Pharma			Pharmaceuticals	Generating Revenue
HaloCare			Elder and Disabled Care	Generating Revenue
Klearcom		Accelerator/Incubator	Business/Productivity Software	Generating Revenue
Loanitt		Accelerator/Incubator	Specialized Finance	Generating Revenue

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Propelor BIC Exits (2)

Company Name	Exit Date	Exit Type	Exit Size
Track.One	26-Apr-2026	Out of Business
The Packaging Hub	01-Nov-2018

To view Propelor BIC’s complete exits history, request access »

Propelor BIC Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.