Funding

Irish investor reaches $30m final close for new tech fund

Former Frontline Ventures partner Finn Murphy races past the original target for his new fund called Nebular

Finn Murphy of Nebular: ‘I’m very happy that we’re going past the initial target.’

Finn Murphy, a former partner at Irish VC firm Frontline Ventures, is near a final close for his new fund, having secured considerably more than anticipated.

The Nebular fund, which has already invested in a small number of start-ups, raised $30 million from backers, which include John Goulding, Workvivo co-founder, and Mark Cummins, who previously sold two companies, including Pointy to Google.

The fund, in which Murphy is solo general partner, was originally targeting $20 ...