Development Capital

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Development Capital is an Irish development and growth capital fund manager which was founded in 2013 by Andrew Bourg and Sinead Heaney.

Use: Go2Market;
Date closing: -
Amount: 2M € - 12.0M €
Industry focus: All
Total budget: 75M €
Entity type: Venture Capital
Vertical focus: All
Website: http://www.developmentcapital.ie/

Status:
Open
Funding type: Equity investment;
Geographic focus:
Public/Private: Private
Stage focus: Seed;
Applicant target: Startup;

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Overview

Development Capital provides investee companies with a unique and unprecedented partnership approach.

They provide development and growth capital ranging from €2-12 million to Irish SMEs which have significant growth opportunities, primarily in export markets which require growth funding to unlock or accelerate.

They have a track record of partnering with Irish SME management teams to assist them unlock and accelerate their growth potential. From 2014 to 2019, Development Capital Fund I which is a €75 million fund, invested in 9 investee companies throughout Ireland.

Development Capital has raised a total of €75M in a single venture fund, BDO Development Capital Fund. This fund was announced on Apr 2, 2014 and raised a total of €75M. They invest between €2 million and €12 million for a 5-year investment term typically in return for minority stakes in the business.

Portfolio: Netwatch, Blueface, Obelisk, Version1.

Last updated on 2023-07-10 13:22