A diverse range of start-ups attracted VC funding in Ireland during the first quarter, although at relatively small deal sizes. MOBY Bikes, a bike sharing start-up, attracted $3m in equity funding. Photograph: Bryan O Brien
Global investment fell to the lowest level in nearly five years, to $75.9 billion across 7,520 deals from $85.8 billion spread across 9,458 transactions amid geopolitical tensions, an extended drought in VC firms being able to sell on exiting investments, and a continued pullback in investment in later development finance stages.
A diverse range of start-ups attracted VC funding in Ireland during the first quarter, although at relatively small deal sizes.
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