Menu
20/05/2014
Venture Capital Firm Establish €125m Fund For Irish Firms
A €125m investment fund for Irish companies is to be established by international venture capital firm Lightstone Ventures.
The fund will be used to invest in life science start ups and will be supported by an additional €30m from the government.
The venture capital firm was established two years ago and primarily funds emerging medical device and biopharmaceutical companies.
€20m will added to the fund by the Department of Jobs through Enterprise Ireland, and a further €10m will come from the National Pension Reserve Fund.
(MH/CD)
The fund will be used to invest in life science start ups and will be supported by an additional €30m from the government.
The venture capital firm was established two years ago and primarily funds emerging medical device and biopharmaceutical companies.
€20m will added to the fund by the Department of Jobs through Enterprise Ireland, and a further €10m will come from the National Pension Reserve Fund.
(MH/CD)
Related Irish News Stories
Click here for the latest headlines.
09 January 2015
€85m Life Sciences Venture Capital Fund
A new €85m life sciences venture capital fund has been launched following €15m investment by the Department of Jobs. Fountain Healthcare Partners is to manage the fund, which is a dedicated life sciences (specialty pharmaceuticals, biotechnology, medical devices and diagnostics) venture capital (VC) firm.
€85m Life Sciences Venture Capital Fund
A new €85m life sciences venture capital fund has been launched following €15m investment by the Department of Jobs. Fountain Healthcare Partners is to manage the fund, which is a dedicated life sciences (specialty pharmaceuticals, biotechnology, medical devices and diagnostics) venture capital (VC) firm.
04 December 2014
€6m Boost For Irish Venture Capital Fund
London-based venture capital firm Hoxton Ventures has launched a €5.875m Irish early stage venture capital fund in partnership with Enterprise Ireland. Hoxton Ventures is a $40m early stage venture capital fund designed to "bridge the gap between Europe and Silicon Valley". This new €5.875m side fund will focus exclusively on Irish investments.
€6m Boost For Irish Venture Capital Fund
London-based venture capital firm Hoxton Ventures has launched a €5.875m Irish early stage venture capital fund in partnership with Enterprise Ireland. Hoxton Ventures is a $40m early stage venture capital fund designed to "bridge the gap between Europe and Silicon Valley". This new €5.875m side fund will focus exclusively on Irish investments.
16 November 2010
€85m Fund Announced For New High-Tech Firms
Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD, has launched an €85 million venture capital fund to help high-tech firms in Ireland to get off the ground. Venture capital is a way of investing in firms in exchange for equity as opposed to loans.
€85m Fund Announced For New High-Tech Firms
Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD, has launched an €85 million venture capital fund to help high-tech firms in Ireland to get off the ground. Venture capital is a way of investing in firms in exchange for equity as opposed to loans.
05 November 2013
€125m Fund For Ireland's SMEs
A new investment fund, worth €125m, has been unveiled. The fund is aimed at Ireland's small and medium-sized companies (SMEs) that need capital for expansion. It will be financed by a mix of both public and private sources, and will be managed by MML Growth Capital.
€125m Fund For Ireland's SMEs
A new investment fund, worth €125m, has been unveiled. The fund is aimed at Ireland's small and medium-sized companies (SMEs) that need capital for expansion. It will be financed by a mix of both public and private sources, and will be managed by MML Growth Capital.
21 July 2014
9% Rise In Irish Venture Capital Investment
There has been a 9% increase in investment in Irish companies under the Enterprise Ireland Seed and Venture Capital Scheme in 2013, according to Jobs Minister Richard Bruton. €59 million was invested in 2013 in 94 Irish-based companies by Irish venture capital firms, it has been announced.
9% Rise In Irish Venture Capital Investment
There has been a 9% increase in investment in Irish companies under the Enterprise Ireland Seed and Venture Capital Scheme in 2013, according to Jobs Minister Richard Bruton. €59 million was invested in 2013 in 94 Irish-based companies by Irish venture capital firms, it has been announced.
-
Ireland WeatherThis Evening and Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
