Charlie Taylor | Business Post

Charlie Taylor

@charlie-taylor

What next for Silicon Valley Bank and its customers?

Around 100 Irish firms had a banking relationship with the start-up-friendly bank that went bust last week – some of which had debt facilities and loans that came to tens of millions of euro

CurrencyFair eases financial concerns with $10m raised in venture debt

Chairman Gautam Jain says that 2022 was a ‘challenging year’ for the fintech firm

Altada liquidator alleges private investors urged company to ‘burn’ creditors owed €10m

The directors of the Cork-based tech firm were allegedly told to set up a new phoenix-type entity called ‘Altada 2’ and ‘shake-off’ unsecured creditors owed millions

ComReg slaps down Eir on discount broadband plan

Communications regulator warns of ‘clear anti-competitive effects’ should Eir’s proposal proceed

The Big Interview

‘We offer customers a crystal ball into what’s happening’ – Barry Conlon, co-founder of supply chain firm Overhaul

Overhaul, the supply chain software company that Barry Conlon co-founded, is bringing more science to a business that was traditionally more often seen as an inexact art

Manna secures Coca-Cola HBC investment, announces US trial

Drone delivery company led by Bobby Healy has raised over $30m to date

Irish co-founded fintech Apexx raises $25m

Company is led by Peter Keenan who previously founded payments app Zapp and was MD at electronics retailer Currys

Stripe agrees $6.5bn fundraise at a $50bn valuation

Financing to be used to provide liquidity to current and former employees and address withholding tax obligations related to equity awards

Irish medtech Fire1 raises $25m in financing

The connected medical device solutions company’s backers include the Ireland Strategic Investment Fund

Galway-based medtech firm Vivasure secures €30m in major fundraise

New York-listed Haemonetics also has an option to buy the Irish company as part of the funding deal

Hope that Silicon Valley Bank crisis can be resolved amid rescue efforts

HSBC buys British arm of the lender as US financial regulators moved on Sunday to assure all depositors their money is safe following the collapse of Silicon Valley Bank (SVB)

ID-Pal to launch identification verification service in the US

Fintech officially launches there having already grown the business to the point where North America accounts for over 15 per cent of revenues

Nostra to seek external funding for M&A ‘war chest’

Irish IT services provider is looking at making multiple bolt-on acquisitions

Irish tech firms brace for impact of Silicon Valley Bank collapse

Government urged to prepare to support Irish tech companies in difficulty if no suitable buyer emerges for troubled US lender

Enterprise Ireland records near €200 million return on investment in four years

The state agency also wrote off €43.9 million in investments over the same period, which was between 2018 and 2021

Silicon Valley Bank in crisis – here’s everything you need to know

Shares in SVB, a key lender to technology start-ups, plummeted on Thursday as investors moved to withdraw their deposits

Irish-founded Ufurnish raises £3.4m from backers

Led by Deirdre McGettrick, Ufurnish is a search and comparison platform for furniture

Irish women tech entrepreneurs raise a record €234m from investors

New figures distorted by a small number of big deals, led by a €66m raise for TransferMate

Enterprise Ireland writes off €47m in investments over last five years

State agency has written off investments in nearly 260 companies since 2018

Supply chain software firm Overhaul secures $35m in debt financing

Deal comes just weeks after company raised $39m from backers in a Series B extension round