News

South East BIC Client Scurri Raises €1.2m In Second Seed Funding Round

Irish e-commerce platform player Scurri has secured a second round of seed funding totaling €1.2m, enabling it to focus its efforts on the UK market. Scurri was founded in 2010 by CEO Rory O’Connor in Duncannon, Co Wexford, and now has a sales HQ at TechHub in London.

High Potential Start Up Class 2013

The HBAN team today attended “The Start-up Class of 2013” event which brought together the Irish investment community with over 100 companies. These companies which Enterprise Ireland have invested in during 2013 comprised of High Potential Start-Up, Competitive Start Fund and New Frontier companies. 

HBAN’s new business angel Food Syndicate helps Irish start up Elivar raise €700,000 investment

HBAN (Halo Business Angel Network), the all-island umbrella group responsible for stimulating angel investment, today announces that the newly formed business angel Food Syndicate has invested in its first company, Elivar.   Elivar has raised €700,000 from multiple sources including the HBAN food syndicate, Enterprise Ireland and other private investors, to support the ongoing development of its sports nutrition products and brand.

Angel Investors Provide More Than Pennies From Heaven

Irish company, Induction Manager, has raised €400,000 investment to support its growth strategy. Business angel investors from Boole Investment Syndicate provided €100,000 of the investment, with the remainder raised from Enterprise Ireland and other private investors.

Interview with Michael Culligan, head of Ireland’s federation of business angel networks HBAN

The following is an interview with Michael Culligan, HBAN National Director that was published by EBAN today. Interview by Vanja Figenwald.

Study from Scotland Groups are the future for Angel Investing

Groups are the future for angel investing says research study from the university of Glasgow. Entrepreneurs looking for risk capital to fund growth will need to get to grips with the rise of the angel group, according to the latest research by leading academics into business angel activity.

Angel investors pursue the ‘smarter’ money

Attracted by the rude health of the tech economy, wealth that has remained in Ireland following the property bust is homing in on the start-up scene. That focus is fostering a buzzing angel-investor community, aided and abetted by strong seed-funding activity.

Thank the heavens for investors

Click here to see today's article "Thank the heavens for investors" printed in the Sunday Times and written by John Kennedy.