Start-ups struggled for funding in the second quarter of the year as venture capital firms prioritised companies already in their portfolios.
The Irish Venture Capital Association VenturePulse survey published in association with William Fry reports a near 60 per cent slide in first time funding during the second quarter as a handful of start-ups raised their first equity rounds.
Image: IVCA chairwoman Gillian Buckley said the fall in first-time funding rounds was a major concern but was understandable.
