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A report on venture capital activity 2001

18/12/2002Source: Irish Venture Capital Association/Matheson Ormsby Prentice.  

The Irish venture capital industry has been unable to escape the downturn that has characterised the global market, says the Ireland venture capital report by the Irish Venture Capital Association and law firm Matheson Ormsby Prentice.

Irish venture capital firms invested E208m in 2000. This figure dropped significantly in 2001 to E124m. However, it still represents a significant increase from 1997 levels where the total transaction value stood at E39m. Technology was the dominant sector in 2001, attracting E95.3m of venture capital funding.


Copyright © 2002 IVCA/Matheson Ormsby Prentice

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The IVCA is the representative body of the venture capital industry in the Republic of Ireland and Northern Ireland. The association was established in 1985 to represent the views of its members and to promote the Irish venture capital industry. It seeks to encourage co-operation and best practices within the industry and to facilitate those seeking venture capital. For more information please visit www.ivca.ie

Matheson Ormsby Prentice is an  Irish corporate law firm. The firm is one of Ireland's largest law firms, with over three hundred and fifty staff. Its principal office is in Dublin and it also has offices in London and Palo Alto, California. The firm provides a comprehensive range of legal services to its global client base. For more information please visit www.mop.ie

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