VC investment in Irish tech drops

VC investment in Irish tech drops

The fourth quarter of 2018 showed a 35 per cent decline in funding of venture capital funding in Irish tech to €115 million, continuing the trend of previous quarters.

“The fourth quarter did contain some hopeful green shoots with regard to seed funding,” said Alex Hobbs, chairman of the Irish Venture Captial Assocation (IVCA).

“Seed funding rebounded strongly in the final quarter, achieving its highest quarterly total of nearly €20 million across 50 companies. But this has not...

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