Angle investment into Irish start-ups is now higher than at pre-pandemic levels and thriving, according to figures from a business angels network.

It says angels invested £7 million in fledgling businesses on the island of Ireland in the first half of this year, which was up 13 per cent when compared to the same pre-pandemic period in 2019.

And the HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, says that since its inception some £338 million has been pumped into start-ups through its network.

HBAN, which is a joint initiative of Enterprise Ireland, InterTradeIreland and Invest NI, said the number of start-ups which received funding between January and June in Ireland increased from 29 to 37.


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