Friday December 6, 2019

Venture capital funding falls by 41 per cent in Q1

2nd June, 2019
Sarah-Jane Larkin, director general, Irish Venture Capital Association Photo Colm Mahady, Fennell Photography

Venture capital funding to Irish technology firms fell by just over 40 per cent to €196.8 million in the first quarter of 2019 compared with €332 million in the same period last year, according to the Irish Venture Capital Association VenturePulse survey published last month in association with William Fry.

IVCA chairman Alex Hobbs said that the underlying trend was more positive. “Last year included two megadeals of €100 million each for Intercom and AMCS. If you...

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