Private Irish-US accelerator and investment firm Continuous Ventures is looking to raise a $50 million (€44.7 million) fund to back more technology start-ups to help make them “investor ready”. Continuous is the brainchild of Colin Meagle, founder and chief executive of Continuum, an Irish group of companies specialising in digital media and strategy. Continuous Ventures’s other founding partner is Margaret Burgraff, a Cork-born, Silicon Valley-based tech executive who previously held a number of senior executive roles with chipmaker Intel. Initial investmentsInitial investments by Continuous include a €430,000 funding round for Andrson, a start-up that has developed an AI-powered scouting tool to connect unsigned artists directly with music industry executives. Continuous backed five start-ups this year and expects to provide support for six to eight companies in 2020.

Source: The Irish Times December 30, 2019 05:37 UTC