John Kennedy | Silicon Republic Startups
Tech firms in Ireland raised €317m in venture capital (VC) funding in the third quarter of 2017, bringing the total raised in the first nine months of the year to €817m.
According to the latest Irish Venture Capital Association (IVCA) Venture Pulse survey, funding in the first nine months is up by 11pc compared with 2016, when €734m was raised.
‘Since the onset of the credit crunch in 2008, more than 1,450 Irish SMEs raised venture capital of €3.6bn’
– REGINA BREHENY
“The third quarter was boosted by activity in Northern Ireland [NI],” said Peter Sandys, chair of the IVCA.