The Jerusalem PostEconomy
Vine Ventures Raises $236 Million for Third Fund, Focusing on Israeli Tech
Summarized from The Jerusalem Post by baba
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Venture capital firm Vine Ventures announced a $236 million fundraising round for its third fund, its largest to date, bringing total assets to over $500 million. Approximately 50% of the new capital will be invested in Israeli companies, focusing on early-stage and growth-stage tech firms. The firm also expanded its team and advisory board with experienced industry leaders.
The story in 5 lines · by baba
- Vine Ventures closed its third fund at $236 million, its largest to date.
- The new fund brings Vine Ventures' total managed assets to over $500 million.
- About 50% of the new fund's capital will be invested in Israeli companies.
- Investments will target enterprise software, AI infrastructure, cyber, and fintech.
- Vine Ventures expanded its team and senior advisory group with industry leaders.
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