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Sharp decline in early-stage Irish start-up funding deals in 2020 Gillian Buckley, chair of the IVCA. Image: IVCA New figures from the Irish Venture Capital Association show that investors put money in safer bets during the pandemic. Venture capital funding in early-stage start-ups in Ireland fell by almost a third in 2020 as the pandemic downturn took its toll on deal making. While overall funding figures are up – with €925m invested in Irish SMEs last year compared to €820m the year prior – investments in early-stage start-ups dropped 32pc, from €285m to €194m. That’s according to the new figures from the Irish Venture Capital Association (IVCA), which deems an early-stage start-up deal to be €5m or less. ....
VENTURE capital investment in Irish tech firms rose 13pc to almost €1bn during the lockdown, according to new figures collected by the Irish Venture Capital Association (IVCA). ....