Polaris Venture Partners, a US venture capital company, on Thursday announced the opening of Dogpatch Labs Europe, a technology company accelerator located in Dublin. Meanwhile, the National Pensions Reserve Fund has invested $50m in a Polaris fund, via the Innovation Fund Ireland.
Polaris said its Dogpatch Labs provide technology entrepreneurs with access to experienced mentors, free space, connectivity, and a community of peers that encourage a constant atmosphere of innovation. In addition to Dublin, Polaris has Dogpatch Labs communities in other vibrant technology hubs, including Cambridge, Massachusetts, New York, and Palo Alto, California.
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