Page 48 - ITI VC Guide V10
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Equity Funding Guide
NDRC
Patrick Walsh - CEO
Dogpatch Labs,
The CHQ Building, Custom House Quay, Dublin 1,
D01 Y6H7
Email: portfolio@ndrc.ie Web: ndrc.ie
Year most recent fund Estb: 2021. Invest in ROI, NI: Both.
Fund Size: €1.3m/year
Investment Range: NDRC invests €100k per startup via its Accelerator programme. Between 10 and 13 startups are selected each year. Sectors: Sector Agnostic focused on ICT & Software.
Notes: NDRC invests via a SAFE with a 20% discount, no cap, and a most-favored-nation clause. As part of the investment, startups go
through a 6-month accelerator programme.
Stage in the investment process:
Pre-Seed.
