The latest tracking figures from the Irish Venture Capital Association show cash raised by Irish technology and life science deals doubling in the first quarter of this year to a new record of €533m
Irish Venture Capital Association director general Sarah-Jane Larkin and chairperson Gerry Maguire
Venture capital cash into Irish tech and life science firms doubled during the first three months of the year, hitting a new record of €533m, according to the Irish Venture Capital Association (IVCA)
However, while the cash haul puts Irish tech and life science firms firmly on course for another year raising over €1bn, the portion of the money being raised by a tiny number of unicorns is growing, with deals under €1m for start-ups falling by almost half.