Irish tech firms raise almost half a billion Euro in first half of 2017
Posted by: owner
Irish high tech SMEs raised a record €499m in the first half of 2017 with second quarter funding reaching
€252m, according to the Irish Venture Capital Association VenturePulse survey published today in association with William Fry. This represents a 3% increase on the first half of 2016 when €486m was raised.
“This is an impressive result considering that activity was down 11% year-on-year in the US (NVCA PitchBook Venture Monitor) and that 2016 was a record year in Ireland,” commented Peter Sandys, chairman, IVCA.