Irish companies raise record $401 million in VC funding | Business Post

Conor and James McCarthy, co-founders, Flipdish: the food ordering platform hit a $1.25 billion valuation after raising $100 million from backers. Picture: Fergal Phillips

Irish companies raised $401 million in venture capital investment across 25 deals in the January to March period, the highest value ever recorded in a first quarter. New figures show a strong start to 2022 after a record year in 2021, when 287 VC deals with a combined value of $1.87 billion took place.

The figure, compiled by KPMG using data provided by PitchBook, the research platform, shows activity levels soared locally even as investment dropped globally from a...

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.

Commercial pilot-turned-entrepreneur: The story of one Irish mum and her business | IMAGE.ieA former commercial pilot, Susan Furniss Radley decided to leave her career in aviation to start her own business.
Source: image_magazine - 🏆 17. / 59 Read more »

Joe Gill: An ‘Irish IPO Fund’ could boost our anaemic stock exchange | Business PostLast year, just two Irish companies tapped the stock exchange in this country for equity finance using an IPO. Why is there so little activity, and how can we change that?
Source: businessposthq - 🏆 8. / 71 Read more »