Interesting article with some good stats about start-ups, funding and exits in Ireland. We definitely agree that there is lots of potential in Ireland, and expect to see an acceleration in success stories over the coming years.
Let us put that into perspective: the UK has five times the level of VC investment as Ireland, but the UK has ten times the population of Ireland, which points to the quality of the investment opportunities on this island – something which we should celebrate and be proud of. Some examples of significant total VC raises for growth companies are Movidius (US$84m), Powervation (US$40m), Cubic Telecom (US$37m), MCOR (US$31m), AMCS (US$26m) and Swrve (US$21m), to name just a few. There are also examples of Irish companies tapping significant funding and partial exits from private equity – note the recent US$75m deal between Fenergo and a private equity player in the US.