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Irish tech firms raised nearly €1bn in first half of year – but start-ups struggled

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New figures show Ireland ‘well outperformed global trends’ for venture capital investment but was heavily dependent on overseas investors

Ireland “well outperformed global trends” for venture capital investment in tech companies during the first six months of the year, but was heavily dependent on overseas investors and was a difficult place for start-ups to try and raise small amounts of money.

Figures published by the Irish Venture Capital Association , along with William Fry, showed that venture capital investment into Irish tech firms rose by 24 per cent in the first half of 2023 ...

 

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