Enterprise Ireland approved investment funding of €3.55m for 18 start-up companies in November.
The investment secured by these companies includes equity investment up to the value of €400,000 as part of Enterprise Ireland's High Potential Start-Up programme.
It also includes funding up to the value of €100,000 from the Pre-Seed Start Fund (PSSF).
In total, 11 start-ups were approved investment as part of the HPSU programme and seven were approved for receipt of the PSSF.
The companies come from a range of sectors including healthtech, fintech, lifesciences, digital education, lifestyle, animation and gaming.
"The innovation and ambition emerging from Ireland's start-up pool has never been higher than it is today," said Jennifer Melia, Executive Director at Enterprise Ireland.
"The evidence is clear in the calibre of talent and capability demonstrated by the client companies who were recently approved funding.
"Many of the HPSU’S we have approved so far this year have gone on to close with additional funding secured and matched by established and highly regarded VC’s and angel investors," she added.
Start-ups approved for investment in November include Voicetune AI, Blip Payments Limited, CRAOI Theory Limited, VALUEAI Limited, Biota MRV, Unitmode, FacePos Limited, Waggi Connected Pets Limited, Isovasc Medical Limited, Menopause Hub Academy, Sunstone Technologies Limited, Stormlands Mining Limited, Ride Today Limited, TrojanTrack Limited and Quiz Wizards Limited.
