The value of venture capital raised by Irish companies reached the highest first quarter total since 2016, according to financial markets data firm Refinitiv. Neurent Medical was the third largest venture capital deal worth €20.7m. Bernard Jackman, Ireland account manager for Refinitiv, said: “Irish venture capital investment has had a stellar start to 2021 continuing to grow on last quarter’s strong performance. It comes as venture capital company Draper Esprit led a $30m (€24.5m) Series A funding round in tech firm Cervest. Vinoth Jayakumar, partner at Draper Esprit, said: “Climate Tech has grabbed a lot of attention recently, with good reason.

Source: Irish Independent May 20, 2021 12:45 UTC