The Dublin finance firm, founded by Alexis Fortune and Alan Burke, has secured a stake in Distilled Ltd. But if reported prices are to be believed, it appears to have come at a high revenue multiple.
11x has just raised over $70m in the space of two months with investments coming from iconic VC firms. The start-up also boasts Irish staffers and investors on its cap table.
Despite a dangerously low share price, the Bray company has remained acquisitive, buying up companies that have brought it into new verticals.
The NewsWhip CEO talks to The Currency about the increased complexity his company faces in a rapidly changing social media landscape.
The hype surrounding AI makes it difficult for business leaders to make a decision on how to implement it. But doing nothing also brings real risk with it – even if it only feels like buying time.
Jason Lynch is raising a new funding round for his quantum company as the tech is tipped to be the next big thing for industries.
Plans by Amazon Web Services to invest £8 billion in the UK are in stark contrast to its comments on the Irish market as Labour tailors its pitch to the industry.
Imelda Lambkin heads up the Disruptive Technologies Innovation Fund, tasked with backing cutting-edge tech projects in Ireland. She talks to The Currency about the fund’s mission and its future.
The US-listed company, which owns a medical device plant in Galway, moved its incorporation – and tax residence – from Switzerland to Ireland this week.
Ergo founder John Purdy was among the investors that backed the Dublin internet of things start-up but last week a liquidator was appointed to the company.
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