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OCE is set to target the European space market, while HBAN angels invested €13.6m in 50 Irish start-ups last year
Private investors represented by the Halo Business Angel Network (HBAN) invested €13.6 million in 50 Irish start-ups last year, up 25 per cent on 2015. According to HBAN’s latest annual report, these investments leveraged a further €20.5 million from other public and private funds, bringing the total invested to €34.1 million.
The average angel investment last year was €272,000, up from €217,000 in 2015, the report stated.
Companies that secured HBAN investment last year included Pundit Arena,...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures