Elkstone to launch €75m venture fund for early-stage tech companies

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Finance house Elkstone has announced a new €75 million venture fund to invest in early-stage technology companies in the Republic

The plan is to expand on Elkstone’s success with its venture club, which has also backed highly regarded companies such as Manna, Soapbox Labs and Altada.

The plan is to invest approximately 55 per cent in initial investments spread between seed and Pre-A opportunities, with the remainder of the financing to be used for follow-on investments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Landmark Temple House hits the market in Blackrock for €9.75mSale of south Dublin office block offers buyer initial yield of 8.58% via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Premier Inn owner files €1.75m loss due to pandemic | Business PostPi Hotels & Restaurants Ireland is positioning itself for a ‘successful recovery’ after Covid-19 cut its revenues by nearly €5 million
Source: businessposthq - 🏆 8. / 71 Read more »

Premier Inn owner files €1.75m loss due to pandemic | Business PostPi Hotels & Restaurants Ireland is positioning itself for a ‘successful recovery’ after Covid-19 cut its revenues by nearly €5 million
Source: businessposthq - 🏆 8. / 71 Read more »

Landmark Temple House hits the market in Blackrock for €9.75mSale of south Dublin office block offers buyer initial yield of 8.58% via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »