HBAN investments down slightly in 2020 amid the pandemic
Angel investors pumped €14m into 59 Irish early-stage start-ups during a tumultuous year for businesses.
Angel investors in Ireland invested €14m in early-stage start-ups in 2020, a decline on the previous year, according to the Halo Business Angel Network (HBAN).
New figures from HBAN, a network of angel investors coordinated by Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, show that its members invested €14m in 59 companies in 2020 amid the pandemic. In 2019, the figure was €16.8m in 66 start-ups.
‘History shows us that some of the most successful and innovative businesses are founded during difficult trading times’