Beauchamps advises on 40% of venture funds raised by Irish SMEs in first half of 2017

Beauchamps advised on over 40% of venture capital fund deals during the first half of 2017 where the advisor is disclosed, according to the results of the recently published Irish Venture Capital Association (IVCA) Venture Pulse Survey 2017.

The survey, which tracks funding from equity funds raised by Irish SME sand other SMEs headquartered in Ireland from a wide variety of investors, shows that Irish tech SMEs raised a record €499m in the first half of 2017, while companies raised €252 million from investors in the second quarter of the year.

It also showed that early-stage companies raised seed capital of €23.3 million (9% of funds raised) in Q2 2017. This brings the total in the first half of 2017 to €56.8 million (11% of funds raised).

This research is the result of detailed information supplied internally by members of the IVCA and from published information where IVCA members were not involved.

For guidance or advice in the area of venture capital funding, please get in touch with head of corporate & commercial, Shaun O’Shea, or startups & venture capital partner, Máire Cunningham, or any member of our corporate & commercial team.