Bank of Ireland-backed fund courts Cork’s tech startups

Paul Swift from Bank of Ireland and Dermot Berkery of Delta Partners.

  • Bank of Ireland-backed fund courts Cork’s tech startups
  • Cork to be first stop on roadshow with free event for founders of startups and scaling businesses on 15 September
  • Founders invited to a behind-the-scenes look at how VCs & startups work together

7 September 2022 – A new Bank of Ireland-backed venture capital fund will make Cork the first stop on a roadshow as it looks for exciting Irish technology businesses in which to invest.

The fund, which is managed by Delta Partners, will invest at the earliest stages of company building, often as the first investor and to support companies to launch their products and services internationally.

Bank of Ireland is a cornerstone investor in the fund, which aims to invest in 30 of Ireland’s most innovative and exciting tech startups.

The Delta team is hosting a special event on 15 September to give the founders of tech start-ups in Cork a behind-the-scenes look at how venture capital investors and founders work together over the entire start-up journey, with first-hand lessons from both sides.

Special guest speakers at the event include Carl Jackson, the founder of one of Cork’s most successful technology companies, SensL Technologies Ltd., which was later acquired by Nasdaq-listed Fortune 500 company ON Semiconductor. Delta partner Rich Barnwell will also share his experience as a hands-on entrepreneur having created Digit Games which subsequently sold to U.S. games company Scopely.

Speaking ahead of the Cork event, Dermot Berkery of Delta Partners said: “We are excited to host this first roadshow event in Cork, given the number of exciting companies we have had the chance to support in the region. By sharing insights into the VC/Founder relationship, we hope to inspire entrepreneurs to optimize their business building with a network of support from Delta and our partners including Bank of Ireland.”

Paul Swift, Head of Technology, Media and Telecoms (TMT) at Bank of Ireland, said: “At Bank of Ireland we are delighted to see this latest fund coming on stream, providing much needed capital to seed and early-stage businesses at a very crucial point in their growth cycle and when they need it most.”

Delta presents: VCs and Founders – Friends or Foes?

When:Thursday 15 September, 5 pm – 7 pm

Where: Tyndall National Institute, Cork

Cost: Free. Find out more and register for the event here