VC Entrée Capital Announces $100m Israel Focused Fund
The fund will target early-stage companies with Israeli founders across Israel, Europe, and the U.S., providing funding rounds from $500,000 to $5,000,000
Meir Orbach | 09:56 14.04.2020
Despite the global economic slowdown due to the coronavirus (Covid-19) pandemic, Israel-headquartered venture capital firm Entrée Capital announced on Monday that it has raised $100 million for a new, third fund. The fund will target early-stage companies with Israeli founders across Israel, Europe, and the U.S., that are active in the fields of deep technology, SaaS, fintech, quantum computing, artificial intelligence, augmented and virtual reality, Healthcare, contrarian and ‘loss of friction’ opportunities. The fund will invest in early-stage startups, from angel to early series A, typically providing funding rounds worth $500,000 to $5,000,000.