Wealth management firm Elkstone has closed a $108M fund to invest in early-stage Irish startups. Its portfolio companies have raised over $600M in follow-up rounds. - Elkstone has already deployed 10% of this fund across six investments:
- Bluedrop Medical,
- MEG,
- Inclusio,
- Allsorter,
- Danalto, and
- Output Sports.
- Its previous investments include two unicorns and other companies such as:
- Flipdish,
- LetsGetChecked,
- Manna,
- Soapbox Labs, and
- Protex AI.
- Elkstone aims to deploy the funds completely by the end of 2026.
- The fund, officially named the Elkstone Ireland Venture Fund, has over 250 Limited Partners.
- The company claims that its portfolio startups have created over 1000 jobs.
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