<ul><li>Funds invested into Irish technology SMEs reached a record high of €1.48 billion in 2024, according to the Irish Venture Capital Association (IVCA) VenturePulse report.</li><li>The IVCA reported a record fourth quarter of €535 million, 162% higher than the same period the previous year.</li><li>Growth in the year and final quarter was driven by big investments, indicating Ireland's capacity to create and scale world-class tech firms.</li><li>However, the funding environment for firms raising less than €5 million was described as 'choppy' with a decline in deals in that range in 2024.</li></ul>

VC funding in Ireland soars to €1.48 billion, but early-stage firms face “choppy” waters

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