VentureWave Capital is now halfway to reaching the €100 million target for its new fund, which intends to invest in promising technology companies in Ireland. Hollywood actor Liam Neeson is among a number of new high-profile investors for the Ireland Impact fund, the Dublin-based private equity firm said.

Other recent investors include former property magnate Stephen Vernon; Lily O’Brien’s Chocolates founder Mary Ann O’Brien; UBS Americas chairman Bob McCann; and US technology investors Rob Perdue and Kurt Long.

They join previously named backers such as U2’s Adam Clayton and the Edge, Ireland Funds chairman Eugene McQuade, Anne Heraty, co-founder and chief executive of recruiter CPL Resources, and Stanley Quek, who leads a property development company in Singapore.

VentureWave Capital, which is expected to reveal its first investment shortly, is aiming to take strategic stakes in about 15 companies that are either originally from Ireland or which are prepared to relocate from elsewhere and grow their business here.

Investment levels will range from €1 million to €25 million with the fund targeting cloud-based “technology for good” companies with revenues of less than €10 million that are working in sectors including education, healthcare, food and agriculture, energy and the environment.

The private equity group announced the first close of its fund in June with some €20 million secured.



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