Thursday October 1, 2020

Funding recovery: Start-ups raise €200m

Almost €200 million was invested in Irish high-tech companies this year, as the sector stabilised after the post-dotcom meltdown.

25th December, 2004

Almost €200 million was invested in Irish high-tech companies this year, as the sector stabilised after the post-dotcom meltdown.

The total investment in technology and biotechnology firms was up more than 30 per cent on the €154 million invested last year.

Funding levels improved in the last quarter of the year, when companies such as Globoforce, Meridio and Lightstorm Networks completed significant deals, according to figures compiled by The Sunday Business Post.

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