Irish technology companies claim 85% of investment

PWC’s Money for Growth Report has revealed that investment in technology companies in Ireland accounts for 85% of the €105m that was the total venture capital investment in all Irish companies last year.

PWC’s Money for Growth Report has revealed that investment in technology companies in Ireland accounts for 85% of the €105m that was the total venture capital investment in all Irish companies last year.

The corresponding figure for most other European countries is around 50%, while in the US the proportion is over 80%.

The Report also shows that 2.5% of venture capital investments in Europe went to Irish companies.

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