Venture capital funding to tech firms rose in Q1: IVCA rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Uptick in early-stage funding deals starts 2021 on ‘positive’ note
Gillian Buckley, chair of the IVCA. Image: IVCA
Figures from the Irish Venture Capital Association show that seed and early-stage deals have recovered partially after a tough 2020.
Early-stage funding deals in Ireland saw a slight bounce back in the first quarter of 2021 after a worrying decline in 2020.
Overall funding in the first quarter of the year, according to deals tracked by the Irish Venture Capital Association (IVCA), stood at €249.4m. This is up 8.9pc from the same period in 2020.
“Funding appears to have shaken off any restrictions caused by Covid-19,” Gillian Buckley, chair of the IVCA, said.
Enterprise Ireland opens latest call in scheme to boost seed funding siliconrepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconrepublic.com Daily Mail and Mail on Sunday newspapers.
The secret to being a high-potential start-up
Enterprise Ireland HPSU manager Niall McEvoy fills us in on how he measures a start-up’s potential.
Niall McEvoy strikes me as an optimist. A man who can spot silver linings peeking from behind clouds and opportunities in a crisis. It’s an outlook suited to someone tasked with spotting potential.
As manager of high-potential start-ups (HPSUs) in the ICT sector for Enterprise Ireland, McEvoy is part of the team responsible for sniffing out Irish start-ups set for rapid success. No doubt, he thinks all 80 that Enterprise Ireland funded last year are ones to watch (though we did manage to get a shortlist of six out of him).