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Funding into Irish startups dropped to €847 million, down from €1.6 billion in 2021 and €1.3 billion in 2022. “This is disappointing, but it largely reflects broader trends as global start-up fundraising dropped 38% last year. The drop in funding was mainly due to a decrease in later stage rounds, which rely more on foreign investors,” a TechIreland press release said. “On the positive side, a record 403 tech companies on the island were funded, a 44% increase in the number of deals – a good indicator of the health of our ecosystem. The increase in the number of rounds was due to the large num…

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