Tech investment firm Cosimo Ventures, which is co-led by two Irish entrepreneurs and has an office in Dublin, has committed $3 million for a seed investment in a newly-founded blockchain and cryptocurrency-related technology. Following the investment Oneiro is to base part of its core technology team in Dublin. It will also establish its headquarters in Boston, where Cosimo also has an office. The start-up, which was only established by chief executive Chris Quirk four months ago, is focused on developing technologies around decentralised, secure, and dependable cryptocurrency. He was also previously European marketing director and country manager for Ireland for the research firm Nielsen.

Source: The Irish Times February 22, 2018 06:11 UTC