VC Investors from across the UK visit Belfast to seek deals with Northern Ireland businesses
More than 80 investors meeting with local start-ups and scale ups during two-day programme
Northern Ireland startups and scale up companies have been given the opportunity to meet and pitch their companies to more than 80 venture capital investors from London and the rest of the UK at a two-day event organised by Catalyst.
Run in partnership with the British Business Bank, Belfast City Council and Innovation City Belfast, the Inbound Investors programme will see Belfast play host to a range of external Venture Capitalists, Family Offices and Syndicates.
Among the well-known investment firms meeting innovative Northern Ireland tech founders are Ada Ventures; Amadeus Capital Partners, Deepbridge Capital; Downing LL; Draper Esprit; Foresight Group; Forward Partners; Fuel Ventures; IQ Capital Partners; Mercia Asset Management; Octopus Ventures Ltd; Par Equity; and Playfair Capital.
While some of these VCs have already invested in Northern Ireland companies, many are taking an interest in local companies for the first time and are coming to Belfast primed to explore investment opportunities.
Alan Watts, director of Director of Funding at Catalyst and organiser of Inbound Investors, said: “We have seen interest in innovative, high potential Northern Ireland companies growing over the past few years from the UK and international VC community, which can be seen in some of the funding rounds secured by firms like Sidequest, Cloudsmith, Cumulus Neuroscience and B-Secur over the past 12 months.
“Inbound Investors will see the largest number of funders ever to come to NI at the same time and represents a great chance for more of our companies with global aspirations to meet them one-to-one and accelerate their path to securing potential funding. The VCs in attendance are interested not just in companies who are raising now, but also in building relationships towards future potential rounds. We hope a number of deals will originate from the connections established here.”
Inbound Investors is the first significant inbound conference in Belfast since the start of the Covid-19 pandemic in early 2020.
Steered by a committee involving representatives from the main NI funds, the event’s goal is to give external investors an understanding of the opportunities in the NI ecosystem and the culture which is generating good investment deals in the region.
The investors in attendance include early stage specialised SEIS funds, early-stage investors in pre-revenue companies and growth investors looking to expand companies with £1m+ revenues. They include specialists in media, consumer, female founded companies, clean tech, trans-Atlantic, social impact, health and life science, and more.
Some of the Northern Ireland-founded companies taking part in panels or being matched with investors at the Europa Hotel include Cattle Eye, We Are Paradoxx, Statsports, Lightyear, Trimedika, B-Secur and Locate a Locum.
Catalyst is an independent, not-for-profit organisation focused on fostering entrepreneurship and innovation, supporting transformative businesses and developing Northern Ireland’s tech industry.
A message from the Editor:
Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.
In order for us to continue to provide high quality and trusted local news on this free-to-read site, I am asking you to also please purchase a copy of our newspaper whenever you are able to do so.
Our journalists are highly trained and our content is independently regulated by IPSO to some of the most rigorous standards in the world. But being your eyes and ears comes at a price. So we need your support more than ever to buy our newspapers during this crisis.
With the coronavirus lockdown having a major impact on many of our local valued advertisers - and consequently the advertising that we receive - we are more reliant than ever on you helping us to provide you with news and information by buying a copy of our newspaper when you can safely.
You can also enjoy unlimited access to the best news from across Northern Ireland and the UK by subscribing to newsletter.co.uk
With a digital subscription, you can read more than five articles, see fewer ads, enjoy faster load times, and get access to exclusive newsletters and content. Visit https://www.newsletter.co.uk/subscriptions now to sign up.