Irish companies secure €806m in Venture Capital investment last year

While established companies are attracting big investments, there is a risk of earlier stage companies being left behind

Cork-based Amarenco secured the largest backing last quarter

Despite the impact of the pandemic, Irish companies secured the second-highest level of venture capital (VC) investment on record in 2020, new figures from KPMG show.

A total of €806m was invested in Irish companies across 226 deals last year, a 73% increase on 2019.