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

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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.

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