Fundraising Fox

Development Capital

Growth equity

Dublin · Growth · 7 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

Development Capital backs ambitious Irish SME management teams that have identified significant growth opportunities requiring funding to accelerate or unlock them. It supports strategies such as organic growth, production capacity expansion, bolt-on acquisitions, management buyouts/buy-ins, and shareholder restructurings including partial or full exits. Alongside capital, the firm brings market knowledge, experience and hands-on support, and integrates ESG and sustainability risk assessment throughout its investment process. It tailors its instruments to each business, investing via equity, quasi-equity or debt, typically for minority stakes over a five-year term.

Source: firm website, verified Aug 3, 2026.

Stage
Growth
Check
$2.2M – $13.2M
HQ
Dublin, IE
Instruments
Equity · Debt
Founded
2013
AUM
$81M
Tracked investments
2

Team · 7 people

from public directories
Andrew Bourg· Partner

Co-founder of Development Capital, which he established in 2013 with Sinead Heaney.

Sinead Heaney· Partner

Co-founder of Development Capital, which she established in 2013 with Andrew Bourg.

What they invest in

from 1 of 2 portfolio companies

AI & Machine Learning ×1Developer Tools ×1Enterprise Software ×1

HQs:Ireland×1

Investments · 2 tracked

founders shown can be your intro path
Zartiszartis.comin

Zartis is a technology consulting firm specializing in AI transformation and software engineering, helping organizations integrate AI into their teams, systems, and products and build production-ready AI systems, data platforms, and cloud infrastructure.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareCork, IE

Padraig Coffey

Frequently asked questions

What stage does Development Capital invest at?
Development Capital invests at the Growth stage.
What is Development Capital's typical check size?
Development Capital typically writes checks of $2.2M – $13.2M.
What sectors does Development Capital focus on?
Development Capital focuses on Advanced Manufacturing, AgTech, Biotech, Cleantech, Data & Infrastructure, Energy, Enterprise Software, FoodTech, Medical Devices, New Materials, SaaS, Sector Agnostic.
Where is Development Capital located?
Development Capital is headquartered in Dublin, IE.

Similar investors

Featured in lists