Irish tech firms get boost as Act Venture Capital announces new €140m fund
Up to 35 investments could be made over lifespan of new fund
Act Venture Capital, one of the most active early-stage investors in Ireland, has announced the first close of a new €140 million fund.
The VC, which is led by John FLynn, Debbie Rennick and John O'Sullivan, has 80 per cent of the new fund committed with a final close expected later this year.
Act has closed six deals under Act VI already, including co-leading the €15 million Series A round for e-commerce data analytics platform ...