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NDRC Raises €45M to Fuel Tech Startups: Accelerating Entrepreneurial Success with Dogpatch Labs

NDRC

Funding Amount
EUR 45.0M
Company Size
11-50 employees
Industry
Investment Management

NDRC is thrilled to announce a significant funding milestone, having successfully raised €45 million to further empower the nation’s entrepreneurial journey. As Ireland’s national startup accelerator program, NDRC, in collaboration with its partners at Dogpatch Labs, Portershed, RDI Hub, and Republic of Work, is committed to nurturing globally ambitious entrepreneurs at every stage. This latest funding infusion will enhance NDRC's comprehensive suite of services, which includes vital early-stage supports such as Office Hours and Founder Weekends, designed to provide startups with early feedback and guidance navigating the ecosystem quickly. With this substantial investment, NDRC aims to scale its Pre-Accelerator programs, helping budding entrepreneurs refine their concepts, gain structured insights, and prepare for investment opportunities. This boost also strengthens their renowned NDRC Accelerator @ Dogpatch Labs, which offers €100k in founder-friendly investment through a SAFE (Simple Agreement for Future Equity), alongside invaluable mentorship from over 40 seasoned entrepreneurs. The initiative doesn’t stop at funding; NDRC provides tailored support, a year of workspace at Dogpatch Labs, generous perks worth €500k, and extended post-accelerator assistance to ensure sustainable growth. Additionally, NDRC's Masterclass Series will continue its mission to educate and equip stakeholders—startup hubs, corporates, and government agencies—on how to effectively support ambitious startup teams with significant scaling potential. With this remarkable €45 million backing, NDRC is not only catalyzing the Irish startup ecosystem but is also setting the stage for transformative innovations that will resonate across global markets.

November 25, 2024

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