Investors associated with the Halo Angel Business Network (Hban) put a combined €16.8 million into 66 Irish start-ups last year. The figures come as 246 angel investors shared a major payday last week with the €363 million sale of Irish chip-maker Decawave to US Apple supplier Qorvo. Established in 2007, Hban is a joint initiative of Enterprise Ireland and InterTrade Ireland that serves as a go-between to bring start-ups and investors together. The average angel investment deal last year was €255,000, some 18 per cent higher than the 2018 figure of €215,000. Hban investors have ploughed more than €100 million into Irish start-ups since 2007.

Source: The Irish Times February 03, 2020 05:37 UTC