Sharp downturn in venture capital investments

VENTURE capital investment in Irish companies has fallen overall by 22% in the last three months according to the latest Techpulse survey by Ion Equity.

Sharp downturn in venture capital investments

The figure for investment in that period stood at €47.7 million, a 20% fall from the amount raised in the same quarter last year.

In the first half of 2006, venture capital investment fell 21% to €108.8m compared to the first half of 2005.

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