Real Business Conversations with Kinore
Bursting Bubbles
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Episode notes
Our guest today is Nicholas Deeney, an engaging and talented entrepreneur from Dublin.
Nicholas is the founder and CEO of Biovit Technologies in Dublin, however, his background is in science.
He holds a Bachelor's degree in Neuroscience from Trinity College and a Master's in Biotechnology from University College and is now balancing his passion for science with his dedication to scaling his business way beyond the shores of Ireland.
In this fascinating episode of our podcast “Kinore Real Business Conversations”, Nicholas discusses his journey from a neuroscience background to developing a technology to enhance nutrient absorption in health products.
Admitting that he often “bursts a lot of bubbles”, he explains that up to 99% of nutrients in fortified food or within supplements are wasted and just end up “in our pee”.
This discovery was the inspiration for Nicholas to create Biovit Technologies, and his determination to develop an effective solution to this “preposterous” problem.
Biovit Technologies is now targeting manufacturers of fortified foods and supplements, aiming for market entry by 2026.
THINGS WE SPOKE ABOUT
- The problem with supplement absorption and Nicholas’s solution
- Fundraising challenges
- The need for “value-added” investors
- The importance of networking
- The strategic importance of IP protection
GUEST DETAILS
Nicholas Deeney, CEO of Biovit Technologies in Dublin. Biovit Technologies is an Irish startup pioneering advanced nanotechnology to enhance nutrient absorption in fortified foods, beverages, and dietary supplements.
https://www.biovit.ie/
MORE INFORMATION
Real Business Conversations is produced by DustPod.io for Kinore
ABOUT KINORE - AWARD WINNING ONLINE CHARTERED ACCOUNTANTS
Kinore is an award winning and innovative online Chartered Accountancy service that takes away the worry and headache of running your own finance and related business services functions. Kinore’s services include:
Accountancy Services
Annual Compliance & Year-End
Online Bookkeeping Services
VAT Returns
Payroll Services
Management Accounting
Xero Conversion & Training
Company Secretarial Services
Company Formation Ireland
Company Secretarial
Virtual Office
Bond for Non-EEA resident Directors
Registration Of Beneficial Ownership
ABOUT YOUR HOST
The host of this podcast is Larissa Feeney, CEO and Founder of Kinore, an award-winning online accountancy and business services firm based in Ireland.
Her journey is notable, starting in hospitality before transitioning to accounting, where she qualified as a Chartered Accountant.
Driven by a vision to challenge traditional accountancy and leverage technology, Larissa founded Kinore in 2015, establishing Ireland's first online, remote-first Finance and Business Services company.
Under her leadership, Kinore has received numerous accolades, and Larissa herself has been recognized with awards like 'Accountant of the Year'.
QUOTES
Many of the nutrients in health products don't actually reach the bloodstream. Sometimes up to 99% is wasted. It's all going out through your pee.
It's like putting premium fuel into your car, but before the fuel reaches the engine, it leaks out onto the floor.
I've probably done about 40 to 50 courses. I think that's really important to be the best leader you can when you're navigating the choppy waters of a startup.
Fundraising gives me so many headaches. It's such a stress, it's a hassle, it's so time-consuming.
Lean into your network as much as you can, leave your pride at the door, talk to as many people as you can.
KEYWORDS
#StartupJourney #HealthTech #NutritionInnovation #EntrepreneurLife #ScienceBusiness #FoodTech #BioavailabilityBreakthrough #Kinore #RealBusinessConversations #Podcast