The Halo Business Angel Network, HBAN has recorded increased investor engagement for all events held online so far.

Since the Covid-19 restrictions were introduced, HBAN has facilitated investment into Irish companies by holding its pitching events online.

So far, seven events have been held with 25 companies seeking investment.

Each event has attracted an average of 25 angel investors, which in some cases is up to 50% higher than normal attendance at in-person events.

The highest online pitching event attracted 40 angel investors, with companies pitching from a number of sectors including ITC, life sciences and MedTech.

John Phelan, all-island director of HBAN, said the online events are allowing the network to introduce companies and investors that wouldn't have otherwise met.

"Since Covid-19, many of us have discovered how restrictive some of our previous ways of working were. Until March, we held events across the length and breadth of the country to allow Irish start-ups to pitch their businesses to potential investors. However, travel and time restrictions were always an issue, especially for many time-poor investors," he said.

A further three online events will be held in the next four weeks.