Frontline Ventures plans to raise a new €50 million fund

Money will be used to ramp up firm's investments

19th June, 2016
Stephen McIntyre, venture partner, Frontline Ventures Picture: Feargal Ward

Frontline Ventures, the early-stage VC firm that has just hired Twitter Ireland boss Stephen McIntyre, is to raise a second fund of €50 million this year.

The new fund will be similar in size to its first fund, according to Will Prendergast, founding partner of Frontline Ventures. Investors in the first fund included Irelandia, run by Declan Ryan, the An Post Pension Fund, Allied Irish Banks and Enterprise Ireland.

The money will be used to...

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