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Act Venture Capital

Europe, Dublin, Ireland, Dublin

Description

ACT Venture Capital, established in 1994, stands as a prominent and long-standing venture capital firm based in Dublin, Ireland. Recognized as a leader in the Irish venture ecosystem, the firm has cultivated a strong reputation for identifying and nurturing high-growth technology companies. With over €500 million under management across multiple funds, ACT has played a pivotal role in the development of Ireland's tech landscape over nearly three decades.

The firm primarily focuses on early-stage investments, typically engaging with companies from the Seed to Series A stages. ACT's investment thesis centers on disruptive technology businesses across a diverse range of sectors, including enterprise software, fintech, medtech, and deep tech. Their strategic approach involves not only providing capital but also offering significant operational support and strategic guidance to help portfolio companies scale globally. To date, ACT Venture Capital has invested in over 100 companies, demonstrating a broad and active engagement within the startup community.

ACT Venture Capital typically deploys initial checks ranging from €1 million to €5 million, with the capacity for substantial follow-on investments to support companies through subsequent growth rounds, potentially up to €10 million. This flexible investment strategy allows them to back promising ventures from inception through significant scaling phases. The firm boasts a strong track record of successful exits, including notable acquisitions such as Decawave, a fabless semiconductor company acquired by Qorvo for $400 million, SilverCloud Health, a leading digital mental health platform acquired by Amwell, and Movidius, a computer vision company acquired by Intel. These exits underscore ACT's ability to identify and back companies that achieve significant market impact and generate strong returns.

Investor Profile

Act Venture Capital has backed more than 166 startups, with 4 new investments in the last 12 months alone. The firm has led 89 rounds, about 54% of its total and boasts 58 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Ireland, United States, United Kingdom.
  • Strong thematic focus on Software, Information Technology, E-Commerce.
  • Led 2 rounds in the past year.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (27%)
  • Series Unknown (26%)
  • Series A (20%)
  • Undisclosed (10%)
  • Series B (8%)
  • Series C (4%)
  • Series D (2%)
  • Pre Seed (2%)
  • Convertible Note (1%)
  • Series E (1%)

Country Focus

  • Ireland (71%)
  • United States (17%)
  • United Kingdom (9%)
  • Kenya (2%)
  • Germany (1%)

Industry Focus

  • Software
  • Information Technology
  • E-commerce
  • Internet
  • Artificial Intelligence (Ai)
  • Health Care
  • Manufacturing
  • Saas
  • Analytics
  • Mobile
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Act Venture Capital frequently co-invest with?

Irrus Investments
Europe, Limerick, Ireland, Limerick
Co-Investments: 6
Episode 1
Europe, England, United Kingdom, London
Co-Investments: 8
Furthr VC
Europe, Dublin, Ireland, Dublin
Co-Investments: 5
Atlantic Bridge
Europe, Dublin, Ireland, Dublin
Co-Investments: 11
AIB Seed Capital Fund
Europe, Dublin, Ireland, Dublin
Co-Investments: 5
Apax Partners
Europe, England, United Kingdom, London
Co-Investments: 5
Enterprise Ireland
Europe, Dublin, Ireland, Dublin
Co-Investments: 45
Delta Partners
Europe, Dublin, Ireland, Leopardstown
Co-Investments: 12
Enterprise Equity
Europe, Louth, Ireland, Dundalk
Co-Investments: 5
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 5

Which angels does Act Venture Capital often collaborate with?

BL
Europe, Ireland
Shared Deals: 2
TB
Europe, England, United Kingdom, London
Shared Deals: 1
LG
North America, California, United States, San Francisco
Shared Deals: 2
Shared Deals: 3
PH
Europe, Ireland
Shared Deals: 2
PO
Europe, Dublin, Ireland, Dublin
Shared Deals: 2
PN
Europe, Dublin, Ireland, Dublin
Shared Deals: 4
BP
Europe, Ireland
Shared Deals: 2
TK
Europe, Dublin, Ireland, Dublin
Shared Deals: 3
MM
Europe, Dublin, Ireland
Shared Deals: 2

What are some of recent deals done by Act Venture Capital?

Momntum is a fintech company that provides embedded point-of-sale consumer financing.

FinanceFinTechSoftware
SeedJun 10, 2025
Amount Raised: $1,143,746
Advise

Dublin, Dublin, Ireland

Advise is a comprehensive analytics tool designed for leaders in the consumer goods industry.

Artificial Intelligence (AI)Consumer GoodsMarketing Automation
SeedJan 9, 2025
Amount Raised: $1,599,351
Deciphex

Glasnevin, Dublin, Ireland

Deciphex builds a network of AI empowered pathologists ensuring accessible pathology services that improves patient outcomes.

Artificial Intelligence (AI)Health DiagnosticsSoftware
Series CJan 7, 2025
Amount Raised: $32,202,774
Bounce Insights

Dublin, Dublin, Ireland

Bounce Insights is a digital consumer research platform.

Consumer Research
SeedDec 4, 2024
Amount Raised: $4,500,000
Trustap

Cork, Cork, Ireland

Trustap is an online payment platform for buyers and sellers to transact safely without the risk of being scammed.

E-CommerceFinTechMobile PaymentsPaymentsTransaction Processing
Series AJul 9, 2024
Amount Raised: $5,498,550
Spectrum Life

Dublin, Dublin, Ireland

Spectrum Life is a healthtech company that provides clinical services, tech infrastructure, and access to personalized care.

Health CareMental HealthWellness
Series BMay 27, 2024
Amount Raised: $18,464,413
Mavarick AI

Limerick, Limerick, Ireland

Mavarick enables manufacturers to become sustainable through AI powered carbon emissions intelligence

Artificial Intelligence (AI)Generative AIInformation and Communications Technology (ICT)ManufacturingSoftwareSupply Chain Management
Pre SeedMay 7, 2024
Amount Raised: $1,397,493
GridBeyond

Dublin, Dublin, Ireland

GridBeyond provides wireless energy management and control systems for retail, commercial and industrial users.

Business IntelligenceEnergyEnergy ManagementSoftwareWireless
Series CApr 16, 2024
Amount Raised: $55,229,665
CitySwift

Galway, Galway, Ireland

CitySwift is a data-driven bus scheduling and business intelligence platform.

Artificial Intelligence (AI)Big DataMachine LearningSaaSSchedulingTransportation
Series UnknownFeb 1, 2024
Amount Raised: $7,612,063
GREYSCOUT

Dublin, Dublin, Ireland

GreyScout® AI technology (Veri-Auth™) helps brands and IP owners track and remove infringing content across the web.

Artificial Intelligence (AI)Information TechnologyInternetNetwork Security
SeedNov 9, 2023
Amount Raised: $3,733,485