O’Sullivan’s SOSV boosts start-up spend to €100m

'Ireland is certainly punching above its weight'

Sean O’Sullivan

Sean O’Sullivan’s accelerator-based venture capital firm, SOSV, will double its annual investment in start-ups from $50 million (€47 million) to $100 million by 2019.

SOSV operates globally, but Irish start-ups win about one-fifth of its overall investment annually, with O’Sullivan saying that “Ireland is certainly punching above its weight”.

Irish-based companies it has invested in include tech analytics start-up Aylien, Restored Hearing, which has developed sound therapy for tinnitus, and Cork company Metabolomic ...