Waterford's Sure Valley launches €30m AI fund 

Founder Barry Downes said it is a great time for software founders to build a business in Ireland

Enterprise Ireland is contributing €15m to the fund.

Venture capital fund Sure Valley has launched its third fund with €30m to invest in high-growth artificial intelligence (AI) software companies.

Enterprise Ireland is contributing €15m to the fund through its Seed and Venture Capital Scheme (2019-2024), which aims to increase the supply of equity capital to high-potential, early-stage Irish companies.