IVCA report shows just under €1.5bn in investment generated in 2024
Irish technology companies raised a record €1.48 billion in investment in 2024, new data shows, but there was a decline in the number of deals valued below €5 million.
Other top deals in the final months of 2024 were travel software company Nuitée, which raised €46 million, biotech Nuritas, which raised €42 million, and fintech Nomupay, which raised €35.9 million.‘The motor industry is changing, but we’re here to stay’: BMW Ireland’s boss on EVs, innovation and the road aheadTotal funding raised during the year was 9 per cent higher than 2023 figure, with life sciences accounting for 37 per cent of the total, and software following behind at 13 per cent.
IVCA director Sarah-Jane Larkin said there was good potential for the Government to support investment in early-stage companies, with the €250 million Seed & Venture Capital scheme coming at an opportune time.
Deepseek Artificial-Intelligence
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's What Team STELLAR Is Loving This WeekSTELLAR Magazine, Irish Fashion, Irish Women's Magazine, Irish Beauty, shops in Ireland, celebrity news, glossy magazine, Fade Street, make-up tips, Irish style, Vip Magazine Group
Read more »
5 Lip Balms To Get You Through The Cold SpellSTELLAR Magazine, Irish Fashion, Irish Women's Magazine, Irish Beauty, shops in Ireland, celebrity news, glossy magazine, Fade Street, make-up tips, Irish style, Vip Magazine Group
Read more »
Elevating Queer Irish Storytelling With Dollar Baby’sElevating Queer Irish Storytelling With Dollar Baby’s Elevating Queer Irish Storytelling With Dollar Baby’s
Read more »
The Irish Times view on Irish language exemptions: protecting a shared experienceWe need to look more broadly at how we teach the language given that so many students leave school with relatively poor standards
Read more »
Irish Pub Owners Unaffected by Lidl's First Irish PubWhile Lidl has received permission to open a pub in its Dundonald store in Northern Ireland, Irish pub owners in the Republic aren't worried about losing business. Industry experts say it's very difficult for supermarkets in Ireland to obtain the necessary planning permission to open a bar on their premises.
Read more »
Irish and NI governments called on to ‘urgently resolve’ Irish-language fundingForas na Gaeilge announces funding cuts over €817,945 shortfall in this year’s budget
Read more »