Investment into tech firms in Northern Ireland has reached its highest level ever in 2023 at £143.2 million, according to the latest data from Catalyst.

Research for Catalyst’s annual NI Deal Tracker report has revealed that £143m was invested across 72 deals, with an average investment of £1.99m.

This compared to a total of £139m in 2022 across 89 deals, with an average investment of £1.6m.

Catalyst has tracked innovation investment in Northern Ireland for its Deal Tracker Report since 2017 and reviews each investment to ensure the accuracy of reporting in the Northern Ireland market.