The Irish startup scene is growing up

With the announcement this week of Nohovation, the new super-angel investment fund backed by Pat Phelan and Illan Power, it cements the move of the Irish startup scene into adolescence. So what’s next, asks Kehlan Kirwan    

Last week, Pat Phelan, who in December sold his company Trustev for €40m, announced Nohovation, a new angel investment fund designed to bridge the gap in funding between seed and later-stage fund rounds.

Some €10m will be specifically set aside for Irish companies to grow and scale within the US.