Small firms lose out in venture capital splurge

Funding in the €10m and €30m range rose by 184% to €132m

Sarah-Jane Larkin, director general of the Irish Venture Capital Association, and Gerry Maguire, the organisation's chairperson. 

Venture capital investment into Irish firms rose significantly during the first three months of the year to €532.8m but smaller firms have lost out as deal volume and value in their category fall, a new report has found.

According to the Irish Venture Capital Association VenturePulse survey, published in association with William Fry, venture capital investment transactions increased by over 100% compared to the same period last year.