Ulster Bank Diageo Venture Fund

Summary

Ulster Bank Diageo Venture Fund is the famous VC, which was founded in 2008. The leading representative office of defined VC is situated in the Dublin. The fund was located in Europe if to be more exact in Ireland.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Ulster Bank Diageo Venture Fund, startups are often financed by Enterprise Ireland, Delta Partners, NDRC. The meaningful sponsors for the fund in investment in the same round are Enterprise Ireland, AIB Seed Capital Fund, Delta Partners. In the next rounds fund is usually obtained by Enterprise Ireland, Investec, ONSET Ventures.

Among the various public portfolio startups of the fund, we may underline Fenergo, HeyStaks, MicksGarage Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. The fund has no exact preference in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most successful fund investment fields, there are Ad Targeting, Internet. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Ireland.

The fund is constantly included in less than 2 deals per year. The real fund results show that this VC is 62 percentage points more often commits exit comparing to other companies. The usual things for fund are deals in the range of 1 - 5 millions dollars. This Ulster Bank Diageo Venture Fund works on 2 percentage points less the average amount of lead investments comparing to the other organizations. The important activity for fund was in 2013. The increased amount of exits for fund were in 2019.