Ernest & Young's logo Venture capital investment in Ireland has leapt by 35\% in the first quarter of 2005, according to a new report by Ernst & Young. The report found that Europe-wide venture capital investment increased by a healthy 19\% on the same period in 2004. €880.3m (US$1.1bn, £605m) was raised throughout Europe in almost 200 seperate deals, with €407.3m of that invested in the IT sector.
Ernest & Young's logo Venture capital investment in Ireland has leaped by 35\% in the first quarter of 2005, according to a new report by Ernst & Young. The report found that Europe-wide venture capital investment increased by a healthy 19\% on the same period in 2004. €880.3m (US$1.1bn, £605m) was raised throughout Europe in almost 200 separate deals, with €407.3m of that invested in the IT sector.
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