Venture Capital - Ireland

Ireland

Highlights

The total Capital Raised in Ireland's Venture Capital market market is projected to reach US$232.40m in 2024.
Early Stage dominates Ireland's market with a projected market volume of US$120.10m in 2024.
In global comparison, most Capital Raised will be generated the United States (US$136.6bn in 2024).
Ireland's VC market is thriving with a focus on tech startups, attracting global investors seeking innovative opportunities in Dublin's Silicon Docks.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Venture Capital market in Ireland has been experiencing significant growth in recent years.

Customer preferences: Investors in the Venture Capital market in Ireland are increasingly looking for opportunities in innovative and high-growth sectors such as technology, life sciences, and renewable energy. This is driven by the potential for high returns on investment and the strong entrepreneurial culture in the country. Additionally, investors are attracted to companies that have a global focus and the potential to scale internationally.

Trends in the market: One of the key trends in the Venture Capital market in Ireland is the increasing amount of funding being raised by Irish startups. This is due to a combination of factors, including the availability of government support and incentives for startups, a growing pool of experienced entrepreneurs, and a supportive ecosystem of incubators and accelerators. As a result, there has been a rise in the number of early-stage investments and an increase in the average deal size. Another trend in the market is the growing interest from international investors. Ireland's reputation as a hub for technology and innovation has attracted venture capital firms from around the world. These investors see the potential for high returns in the Irish market and are eager to tap into the country's talent pool and access to the European market.

Local special circumstances: Ireland's membership in the European Union has been a significant advantage for the Venture Capital market. It provides access to a large market of consumers and businesses, as well as opportunities for cross-border collaboration and investment. Additionally, the country's favorable tax regime, including the low corporate tax rate, has made it an attractive destination for multinational companies and investors.

Underlying macroeconomic factors: The strong performance of the Irish economy has been a driving force behind the growth of the Venture Capital market. Ireland has experienced steady economic growth in recent years, supported by factors such as a skilled workforce, a stable political environment, and a pro-business regulatory framework. This has created a favorable environment for startups and venture capital investment. Furthermore, the Brexit process has also had an impact on the Venture Capital market in Ireland. As the only English-speaking country in the European Union, Ireland has become an attractive destination for companies looking to establish a presence in the EU market. This has led to an increase in investment and the growth of the startup ecosystem. In conclusion, the Venture Capital market in Ireland is experiencing strong growth due to customer preferences for innovative and high-growth sectors, the availability of government support, and the country's favorable business environment. The increasing interest from international investors and the opportunities presented by Ireland's EU membership and Brexit process have further contributed to the market's development.

Data coverage:

Data encompasses B2B and B2C enterprises. Figures are based on the amount of capital raised, the average of deal size and the number of deals.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use data from OECD, annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, CPI, number of small and medium-sized enterprises (SME), new businesses registered (number) . This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.