Almost €60m raised by NDRC-backed start-ups

Dogpatch-led consortium secures two-year extension to run the accelerator on behalf of the state

Overall, €56 million has been raised by start-ups that have been accepted onto NDRC accelerator programmes since 2021

Close to €60 million has been raised by early-stage tech companies participating in programmes run by the state’s start-up accelerator over the last three years, new figures reveal.

In addition, NDRC portfolio companies as a whole have raised a combined €180 million and created 650 jobs over the same period.

The news comes as the consortium that runs the NDRC (National Digital Research Centre) has secured a two-year extension to manage the initiative.