Bank of Ireland has announced a €10 million investment in the Impact Ireland USA Fund, managed by Venturewave Capital. It becomes the fund’s first Irish pillar-bank investor, joining Bank of America and FM.
The fund backs technology businesses seeking international growth alongside measurable social and environmental impact.
Kieran McLoughlin, Co-Founder and Managing Partner of Venturewave Capital, said: “Bank of Ireland becoming our first Irish pillar investor is particularly significant.”
Myles O’Grady, Group Chief Executive of Bank of Ireland, said: “we’re delighted to be part of it.”
