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VC investment in Irish tech firms and SMEs flat in 2022

Investment by venture capital firms into Irish tech firms and small businesses remained flat last year, according to new data.

Business • 12 Feb

In response, the department said it did not accept Ryanair's assertions

Ryanair troubled by use of EU emissions cut funding

Ryanair said it was "deeply troubling" how EU funding to tackle emissions was being used to shore up unprofitable school bus routes and with no …

Business • 12 Feb

Elon Musk said earlier this week he would buy Twitter for $54.20 per share

How will Musk pay for Twitter?

Elon Musk bought himself some time this week after a judge accepted the billionaire's request to halt a Twitter lawsuit to allow him to close …

Business • 07 Oct 22

Ronspot CEO Michael Furey (right) with Furthr VC managing partner Richard Watson

Ronspot secures €1.1m investment for expansion

Galway-headquartered hybrid working platform Ronspot has raised €1.1m in investment to help in its ongoing expansion.

Business • 02 Sep 22

Wayflyer Co-founders Jack Pierse and Aidan Corbett

Wayflyer raises $253m in debt finance

Irish financing firm Wayflyer has secured $253m in debt finance from Credit Suisse to help it to continue its expansion.

Business • 01 Sep 22

Finance Minister Paschal Donohoe and EIB's Christian Kettel-Thomsen at the Dublin meeting

European Investment Bank backs energy, climate projects

The European Investment Bank is expected to strengthen backing for climate action, clean transport, renewable energy, healthcare, education, agriculture and business in Ireland with funding …

Business • 30 Jun 22

Learnovate wants to focus its research on remote learning and the factors that impact people's ability to learn

Learnovate Centre raises €3m in funding for next phase

The Learnovate Centre has secured €3m in funding as it aims to double in size over the coming years.

Business • 29 Jun 22

Workvivo founders John Goulding and Joe Lennon

Workvivo raises $22m in funding for further expansion

Cork headquartered Workvivo has raised $22m in new funding as it looks to continue its rapid expansion.

Business • 28 Jun 22

EI's Jenny Melia said they had seen 'extraordinary resilience and business potential' from start-ups in the past year

EI invested €28m in high potential start-ups last year

Enterprise Ireland invested more than €28m in high potential start-ups last year, according to the semi-State body.

Business • 07 Apr 22

Smaller and bigger companies fared best in the first six months of the year, though Irish firms were heavily reliant on international investment

Venture capital investment up 8% in first half of 2021

Venture capital investment in Irish tech firms rose just by 8% in the first half of the year to €641m, according to the Irish Venture …

Business • 30 Aug 21

IIP says that as housing output climbs to the required annual level of at least 30,000 units in the coming years, the capital requirements to pay for that construction will more than double to €11 billion a year

Foreign investors account for 78% of property funding

€4.2 billion in capital was pumped into the Irish commercial and residential property market by foreign private finance providers each year between 2017 and 2019, …

Business • 11 May 21

Funding to early stage and start-up firms rose significantly in the first quarter - which has a significant, positive knock-on impact on the whole sector

Venture capital funding to tech firms rose in Q1: IVCA

Venture capital funding to Irish tech firms rose by 8.9% in the first three months of the year, as the number of deals agreed rose …

Business • 10 May 21

Sinead Heaney, partner at BDO; James Doody, Director at IBI Corporate Finance; Kieran Beggan and George Harold, co-founders of IFS

Integrated Facilities Solutions secures €2m in funding

Irish digital buildings information management company Integrated Facilities Solutions has raised €2m in equity through an employment and investment incentive scheme which is managed on …

Business • 29 Apr 21

Tánaiste Leo Varadkar said the road to recovery after the pandemic, must be a sustainable one

Govt launches €10m fund to help companies cut emissions

The Government has launched a new €10 million fund to help businesses take action to drive down their emissions and embed sustainability in how they …

Business • 15 Apr 21

Tines founders Eoin Hinchy and Thomas Kinsella

Tines valued at $300m after new funding round

No-code security automation company Tines has raised $26m in a Series B funding round led by Addition.

Business • 08 Apr 21

A record number of 264 Irish tech companies raised over €1 billion last year, new figures from TechIreland show

Irish tech firms raised over €1 billion for first time

Irish tech funding reached a new high of €1.19 billion last year with a record number of 264 companies raising investments, new figures from TechIreland …

Business • 29 Mar 21

David Townley, co-founder & CTO and Brian Shields, co-founder & CEO of Neurent Medical

Neurent Medical closes $25m funding round

Neurent Medical, which pioneers treatments for chronic inflammatory sino-nasal diseases, today said it has closed a $25m Series B financing round.

Business • 20 Jan 21

Laura Dillon, Head of the Irish Team and Principal at Waterland Private Equity

Waterland launches new €2.5 billion investment fund

Waterland Private Equity Investments, the €8 billion portfolio Dutch private equity house, has today launched a new €2.5 billion fund for Europe.

Business • 15 Dec 20

Regional airports, including Ireland West Airport in Knock, are in line for more government funding

€3.4m more in grants for regional airports

The Minister of State for Transport has announced the payment of €3.4m in grant aid towards the operating costs of three regional airports - Donegal, …

Business • 03 Dec 20

Norwegian Air CEO Jacob Schram said the airline will 'need ventilator support to get through the winter'

Norwegian Air to furlough additional 1,600 staff

Pandemic-hit Norwegian Air faces a battle for survival this winter, it said today after the country's government declared that it will not provide additional financial …

Business • 09 Nov 20

Social Finance Foundation was established in 2007 and provides loan funding to social organisations

New funding now available for community projects

Social Finance Foundation has announced two new funding initiatives for community organisations and social enterprises in Ireland.

Business • 18 May 20

Thomas Cook is the world's oldest holiday company and was a pioneer of the package tour

Thomas Cook seeking extra £200m to avert collapse

Thomas Cook urgently needs £200m to satisfy its lenders or one of the world's oldest holiday companies could collapse in the next few days.

Business • 20 Sep 19

Core growth in funding was strong, the IVCA says

VC funding for Irish tech firms falls in first quarter

Funding to Irish tech firms from venture capital funds dropped by over 40% during the first three months of the year.

Business • 23 May 19

Slack will employ around 150 people in Dublin by the end of the year

Slack raises $250m in new funding round

Workplace messaging and collaboration platform Slack has raised $250m in fresh capital, valuing it at $5.1 billion.

Business • 18 Sep 17

Public and private spending on the area of research and development is around 1.7% of GNP at the moment

SFI invested €184m in R&D last year

The Minister responsible for research and development has expressed doubt about whether Ireland will reach its target of doubling spending on it by 2020.

Business • 13 Jul 17