Phelan’s ‘super angel’ fund in talks with four start-ups

Plan is to to pick 10 companies to each receive up to €1 million

8th May, 2016
Illann Power

A €25 million super angel fund, founded by Irish entrepreneurs Pat Phelan and Illann Power, is already in talks to give four Irish startups up to €1 million each.

Twenty-four-year-old Power, who made an eight-figure sum when he sold Angel’s Envy Whiskey to Bacardi in 2014, said that he is eager to close the fund’s initial deals within the next two months.

Nohovation Partners will be based in New York, and will...

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