Elkstone Partners | Business Post

Investment firm Elkstone raises €5 million, expresses confidence in Irish tech start-ups

The funds have been raised from clients of the Dublin-based investment fund, including Pat McCann the founder of Dalata who is Elkstone’s chair

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

Altada liquidator has ‘significant concerns’ around €500k loan

John Healy’s affidavit claims a secret ‘board meeting’ was held at the AI company to discuss a €500k emergency loan, which shareholders weren’t told about for two months

Altada directors alleged to have ‘perpetrated fraud’ over €500k loan

In an affidavit lodged with the High Court, liquidator John Healy of Kirby Healy outlines “significant concerns” around the emergency loan and charge against the assets of the troubled tech company last September

Dalata founder Pat McCann joins investment firm Elkstone

Deal will see former hotelier invest in the company and co-founder Alan Merriman remain on as chief executive

Corporate Enforcement Authority opens investigation into tech firm Altada

The Business Post has learned that a search warrant was executed on a premises last week on behalf of the state’s corporate watchdog

AI-driven tech firm Inclusio raises fresh €1.9m in funding

DCU spinout has now raised €5 million from backers like Elkstone and Oyster Capital for its AI-driven tech to help businesses improve diversity and inclusion practices

Altada assured investors of annual €40m profits by 2024

A presentation prepared for potential investors claimed the Cork-based tech firm’s overall revenues would increase tenfold in just four years

Elkstone beefs up team with new ‘superstar’ venture partners

Tech unicorn backer recently announced a €100 million venture fund to back early-stage companies in Ireland

Elkstone backs British firm’s unique waste-to-energy technology

Standard Gas plans to bring its carbon negative pyrolysis system to the Irish market after a funding raise of £18 million

Elkstone to ‘start writing cheques’ of up to €2m for ‘gritty’ start-ups this year

Firm that backed two Irish unicorns to use most of its €75 million venture fund in next two to three years, says founder Alan Merriman