Investment in NI tech companies hit record in 2022

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 98%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

More companies turn to venture capital investment

“Raising venture capital investment is always a challenge, however, as more seed companies in NI continue to ‘graduate’ into growth and venture stages they can be confident that external investors are increasingly available to support their needs.”

On average, the investments were £1.6 million per company, an increase of £100,000 on the average amount in 2021, with 20 deals between £1 million and £5 million and 10 with a value of more than £5 million. Five deals were worth more than £10 million. The majority of the money came from outside Northern Ireland, with funds such as Google Ventures, Barclays, Clean Growth Fund, ExSight Ventures, Visionary Ventures and SignalFire making investments over the year.“These figures show that Northern Ireland companies continue to attract increasing amounts of international investment, even at a time when venture capital activity globally has fallen.

“Given the slowdown and ongoing pressures facing the venture capital market, which have been exacerbated in recent days by the uncertainty created by the rescue of the sector’s major banking player, Silicon Valley Bank, it will become increasingly important for local startups that global investors are aware this is a region and an economy that has a strong track record of producing innovative companies with high growth potential.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

VC investment in Northern Ireland jumps to all-time high with rise in overseas backersNew data shows there were five funding rounds worth more than £10 million in 2022
La source: businessposthq - 🏆 8. / 71 Lire la suite »

VC investment in Northern Ireland jumps to all-time high with rise in overseas backersVenture capital investment in Northern Irish firms reached an all-time high in 2022, with £139 million injected in growth-stage companies headquartered in the jurisdiction.
La source: businessposthq - 🏆 8. / 71 Lire la suite »

Enterprise Ireland records near €200 million return on investment in four yearsThe state agency also wrote off €43.9 million in investments over the same period, which was between 2018 and 2021
La source: businessposthq - 🏆 8. / 71 Lire la suite »