VENTURE system investment in Irish companies remained strong in 2006 with more than €192 million invested in 52 enterprises, according to the latest Techpulse survey from corporate finance specialists Ion Equity.

Venture capital investment in Irish companies has increased dramatically in the first quarter of 2005, with the €75.4m invested more than twice the amount invested in the previous quarter.

Venture capital investment in Irish technology companies increased 11% from €154.4m in 2003 to €171.6m in 2004, according to the latest Techpulse survey by corporate finance firm Ion Equity.