The Downes dozen: Sure boss will back 12 Irish firms with €1m each

The Downes dozen: Sure boss will back 12 Irish firms with €1m each
founded Sure Ventures with the proceeds of the sale of software firm FeedHenry

Millionaire mobile app entrepreneur sees ‘massive’ investment opportunity in augmented reality and internet of things technology

The venture firm started by Barry Downes, whose software firm FeedHenry sold for €60 million, is to ramp up deal flow with over a dozen investments this year.

Sure Ventures plans to invest around €1 million in each of the mainly Irish firms it is investing in which are focused on augmented reality, virtual reality and the internet of things.

“The opportunity we see in these areas is massive,” Downes said. “We’ve met with some amazing companies...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post