Funding Tech-focused VC Molten unveils new €50m Irish fundMolten has been a significant backer of Irish tech companies in recent years with the likes of Manna, Sweepr, &Open and Vaultree, included in its portfolio
investment ISIF commits €65 million to new climate fundISIF said it is making this investment in line with its commitment to invest €1 billion in climate projects over a five-year period
Energy London firm Cycle0 plans network of Irish biomethane plants in major investmentThe company is backed by the $1.1 billion private equity fund and has big plans for the market here
Companies Isif backs US venture capital firm to boost clean tech with €18mState’s sovereign wealth fund says cash is part of its targeted investment in climate action projects
Companies Irish business face falling valuations as interest rates rise, Waterland boss predictsLaura Dillion, managing director and principal of the Irish arm of private equity firm Waterland, said rising interest rates and ongoing economic uncertainty meant business valuations would have to fall in 2023
Investing ISIF to inject €50m into venture capital firms led by womenJust 5 per cent of managing partners in European investment firms are female, compared to 15 per cent in the US
Energy State fund to kickstart €1bn biomethane sectorISIF to pump €200 million into farm-based alternative to fossil gas, which supplies more than a fifth of renewable energy in other EU states
Private Equity Private equity deals returning to normal after ‘once in a generation’ boom in 2021While valuations in some areas have moderated from the heady highs of 2021, private equity firms agree that good quality businesses will always attract investment
Making it Work Billion-dollar babies: how to raise the next generation of Irish unicornsThe €500m ISIF strategy to enhance regional growth, with a particular focus on start-ups, is welcome, but fledgling unicorns need more than a cash injection
Tech State happy with Stripe investment despite valuation declineIreland Strategic Investment Fund said it believes the investment will ‘deliver a strong commercial return for the fund’ as payents processor reduces its internal share price
travel IAG boss: European short-haul flights close to pre-Covid levelsBookings for both for business and leisure are almost back to pre-pandemic levels despite Russia’s invasion of Ukraine, says Luis Gallego
Stripe chief defends Europe’s place in global tech industryPatrick Collison wrote in the Economist that the European tech sector is worth four times more than it was five years ago, attracting 15 per cent of global venture capital
Vincent Boland: Go-faster Stripe could soon hit some bumps in the roadThe Collison brothers now control the most valuable private company in Silicon Valley, with Stripe estimated to be worth $95 billion. But every new slate of investors makes their lives a little more complicated
