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YnetnewsEconomy

Omri Casspi's Swish Ventures Secures $250 Million for Third Fund

Summarized from Ynetnews by baba

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English · 9 newsrooms covering

Former NBA player Omri Casspi's venture capital firm, Swish Ventures, has raised $250 million for its third fund, bringing its total assets under management to $800 million. The fund will invest in startups across technology, AI, defense, and cybersecurity sectors.

The story in 5 lines · by baba

  • Omri Casspi's Swish Ventures raised $250 million for its third fund.
  • The firm's total assets under management now reach $800 million.
  • The new fund will invest in approximately 12 seed and Series A stage companies.
  • Investment focus includes cybersecurity, AI, defense, and government technology.
  • Eight of Swish Ventures' 20 portfolio companies have reached unicorn status.

Ynetnews publishes in English. The key points are summarized above. Read Ynetnews’s full report from the link at the top of the page.

YnetnewsCentre · Rishon LeZion

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