Angel investors heaven sent for start-up sector

Irrus Investments, based on the successful Scottish angel investment model, is looking to bring on board new members, writes Elaine O'Regan.

10th August, 2013
Aidan O'Driscoll, founder, Irrus Investment Syndicate: 'We look for companies that have IP, a good management team and that can scale their business.' Photo: Brian Gavin

Combine equal parts intellectual property and management savvy, and what have you got? A scalable start-up that has the best possible chance of securing angel investment at an early stage.

Dublin's Wattics, a spin-out of the NovaUCD incubator, is one such venture. Established in 2011 to develop technology that allows companies to monitor energy usage with a simple stand-alone metering device, Wattics is on the cusp of closing a fresh funding deal worth €350,000 initially.


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