20/09/2021

Par Equity seeks to double Northern Ireland funding to £20m after string of successful deals

Edinburgh-based venture capital firm has already invested £10m in the region

Par Equity, an Edinburgh-based specialist in high-growth early-stage tech businesses, is increasing its support for cutting-edge companies in Northern Ireland to £20 million after a string of successful transactions.

Established in 2008, Par Equity has built a strong reputation for backing young, innovative companies in Northern Ireland, Scotland and England’s northeast and supporting them with its growing team of expert advisors.

The company, which has already invested £10 million in a range of successful early-stage companies including Datactics, Cumulus, Plotbox and TriVirum, said the additional funds would help ambitious local firms to develop new technologies and expand into new markets, unlock other forms of funding along the way.