Home > News > Tech firms raise €75m in Q3
December 13th, 2007
Tech firms raise €75m in Q3
Irish-owned technology companies raised €75.4m from investors in the four months to October 2007, according to the latest Irish Venture Capital Association (IVCA) Techpulse survey.
This was up substantially from the €53.9m raised in the same period last year.
"The fact that this growth occurred during a period when many venture capital (VC) firms were in the middle of raising new capital and exceeds the amount invested in the first six months suggests that there is a momentum building that augurs well for the future," commented Professor Michael Donnelly, chairman, IVCA.
Thirty other technology firms (including nanotechnology, fibre optics, photonics and semiconductor chips) servicing a wide range of industries, raised €58.2m in the four months to end October 2007. In 2006, eight companies raised €26.1m.
Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 July 23rd, 2014
Harris & Harris Group Invests in UberSeq, Inc. July 16th, 2014
Harris & Harris Group Portfolio Company D-Wave Systems Closes a $28.4 Million Financing July 14th, 2014
Harris & Harris Group Continues Its Blog Series to Highlight Most Impactful Portfolio Companies With Produced Water Absorbents, Inc. July 9th, 2014
Iranian Scientists Produce Transparent Nanocomposite Coatings with Longer Lifetime July 24th, 2014
A Crystal Wedding in the Nanocosmos July 23rd, 2014
Nano-sized Chip "Sniffs Out" Explosives Far Better than Trained Dogs: TAU researcher's groundbreaking sensor detects miniscule concentrations of hazardous materials in the air July 23rd, 2014
Penn Study: Understanding Graphene’s Electrical Properties on an Atomic Level July 22nd, 2014