Tech Ireland has released the first ever interactive map of Dublin Startups, showing the locations and information on more than 1,000 startups and startup clusters around Dublin.
The map stands to be a useful reference point for government in particular, who can use it to inform things like why certain clusters have formed, what can be done in other areas to bring the same opportunities, and more.
You can see the full map here or if you’re short on time, check out our key takeaways below:
- Roughly 65% of the startups we’re tracking are based in Dublin city. That’s 730+ startups.
- Dun Laoghaire-Rathdown, South County Dublin and Fingal make up the remaining 35% – 380 + startups.
- Dun Laoghaire-Rathdown has the highest concentration of startups outside Dublin City at approx. 17% – 190+ startups.
- Sandyford has the largest cluster of startups outside Dublin City with 50+ startups
- Medium size clusters of 25 startups or so each exist in City West and Tallaght
- Smaller clusters of 15 startups or so each exist in Blanchardstown, Malahide and Swords
- Dublin 8 has the largest startup cluster on the south side with 115 startups, largely driven by the presence of the NDRC, GEC and Digital Hub.
- The largest cluster on the north side is around the IFSC and Dogpatch Labs with 55+ startups.
- Other prominent clusters exist around St. Stephen’s Green and Merrion Square with between 35 and 65 startups each.
- Startups create a halo effect around Trinity College with over 80 companies located within half a kilometre radius of the university. Each startup displays as a number on the map below.
- In the city itself, Enterprise Solutions dominates followed by Fintech and Entertainment/Sports.
- In Dun Laoghaire-Rathdown and South County Dublin, Health/Medical is the most prominent sector.
So where is the funding in these clusters?
When you remove outliers (companies with €50 M+ funding) the average funding per city/county council area in Dublin looks like this –
- Dublin City €1.4M
- South County Dublin €1.8M
- Dun-Laoghaire-Rathdown €2.7M
- Fingal €620K
Eschewing outliers again, a review of funding per cluster finds that startups in areas like Dublin 8, Smithfield and DCU have average funding of under €1M. In areas like the IFSC and Dublin 2 where there’s more of a mix of startups and scaling companies the average funding levels are significantly higher.