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Irish firms see second highest level of VC investment

Updated / Wednesday, 3 Feb 2021
09:59
$970m was invested in 226 deals involving Irish companies last year, up from $561m across 242 deals in 2019
Irish companies secured the second highest level of venture capital investment on record in 2020, the latest KPMG Venture Pulse reports shows.
KPMG said that a total of $970m was invested in 226 deals involving Irish companies, up from $561m across 242 deals in 2019.
It noted that the investment levels for 2020 are the second highest on record and come after $1.305.2 billion was invested in Irish companies in 2018.
Today s report shows that venture capital activity in Ireland rebounded in the fourth quarter of 2020, with $422.6m invested in 27 deals involving Irish companies. This marked an increase from the $118.2m invested in the third quarter of last year. ....

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