The amount of money invested in Northern Ireland firms by venture capital reached a record last year, according to new research.
Catalyst’s annual Northern Ireland Deal Tracker showed high potential companies wooed £139 million of funding from the venture capital community, a jump of nearly one third on 2021. That was spread across 89 deals, an increase from 68 deals.
Encouragingly, more than two thirds of the funding came from sources outside Northern Ireland as the appetite for local companies continues to grow across the globe. During the year finds such as Google Ventures, Barclays, Clean Growth Fund and ExSight Ventures made investments in Norther Ireland companies.
