The Halo Business Angel Network (HBAN), the national network for angel investing in Ireland, has announced four new investment syndicates that will be targeting opportunities in the technology, telecommunications, life sciences and renewable energy fields.
HBAN said the four syndicates – Irrus Investments, Reddo Partners, the Technology Investment Group, and Clean Technologies – expect to invest at least €10 million between them over the next three years. Investments will mostly be made in early stage, indigenous enterprises.
Diane Roberts, national director, HBAN, (above talking about the Microsoft BizSpark Program) said, “The new investor syndicates will provide support for early stage firms, especially those in industries geared towards innovation, like information technology, medical devices and life sciences. We’re looking to take a major step forward and actively increase the number of syndicates who are willing to invest in Irish early stage enterprises.”
HBAN was set up last year and focuses on supporting companies that are seeking to raise financing of between €250,000 and €1.25 million by linking entrepreneurs to individual investors or investment syndicates. www.hban.org.

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