State-backed agtech investor Yield Lab Europe is keen to back more Irish start-ups after announcing the second close of a near €50 million fund. New investors in the fund, which focused on seed and Series A investments across Europe, include the European Investment Fund and Invest-NL. AIB, which contributed €4 million to the fund in June 2019, has also increased its shareholding. These include Irish-founded start-ups and companies who are relocating here,” managing partner David Bowles told The Irish Times. Yield Lab Europe, which is based in the Republic, also said it is expanding into the Netherlands, with a new partnership with Startlife, an agrifood tech hub and accelerator for Wageningen University & Research.

Source: The Irish Times May 26, 2021 12:29 UTC