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Refinitiv tracked a notable uptick in larger venture capital funding deals in Ireland in the first three months of the year.

Share Atlantic Bridge, one of Europe’s top performing growth technology funds, has today announced the launch of University Bridge Fund II, an €80m fund focused on scaling and commercialising extensively validated research from Ireland’s third level institutions into the next generation of deep tech companies with global potential. The fund is a unique partnership between Atlantic Bridge and Irish universities Trinity College Dublin, University College Dublin and University College Cork to accelerate the commercialisation of world class science and to globally scale the companies forme...

UCD spin-out reveals ‘major milestone’ for quantum computing Image: © phonlamaiphoto/Stock.adobe.com Silicon-based quantum computing company Equal1 says it is the first company to demonstrate a fully integrated quantum processing unit operating at 3.7 Kelvin. Equal1, a spin-out from University College Dublin (UCD), has made what it’s referring to as a “major breakthrough” for the quantum computing industry. It announced today (13 May) that it is the first company to demonstrate a fully integrated quantum processor unit (QPU) operating at 3.7 Kelvin. Founded by Dirk Leipold, Mike A...

University Bridge Fund II to help high-potential start-ups New €80m fund aims to develop next generation of leading tech companies about 2 hours ago   Specialist technology investor Atlantic Bridge has announced a €80 million investment fund for high-potential start-ups emerging from Irish universities. Enterprise Ireland has contributed €20 million to the fund with the aim of supporting the creation of more than 1,000 jobs over the next five years through the commercialisation of third-level research. University Bridge Fund II is the result of a partnership between Atlantic Bridge a...

  Average national rents rose 2.1 per cent in the first quarter of 2021 and are 1.7 per cent higher than they were a year ago, while Dublin rents remain lower year-on-year but have started to trend upward, according to figures from Daft.ie. Laura Slattery reports. Unions will meet Aer Lingus this week to discuss the possible impact on jobs of the airline’s ongoing losses from continued Government travel bans. The carrier’s operations lost €103 million in the first quarter of the year, prompting chief executive Lynne Embleton to warn staff that cuts could be needed should the ...