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Bernard Collins and John Phelan of HBAN

OCE is set to target the European space market, while HBAN angels invested €13.6m in 50 Irish start-ups last year

Private investors represented by the Halo Business Angel Network (HBAN) invested €13.6 million in 50 Irish start-ups last year, up 25 per cent on 2015. According to HBAN’s latest annual report, these investments leveraged a further €20.5 million from other public and private funds, bringing the total invested to €34.1 million.

The average angel investment last year was €272,000, up from €217,000 in 2015, the report stated.

Companies that secured HBAN investment last year included Pundit Arena, Glofox, SoopaPets and DiaNia. Key sectors...

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