Venture Capital Firm SGVC Closes Third Fund at $52 Million
SGVC was founded by Israeli-born entrepreneur and financier Dov Frances
Meir Orbach : 2018-11-06T16:00:15..
Los Angeles-based early stage venture capital firm SGVC has closed its third fund at $52 million, the firm announced Tuesday. The fund will focus on investments in early stage fintech startups. Limited partners include Israeli Hachschara Insurance Company, True Capital Management, Manhattan West Asset Management, and Israeli Leumi Investment Services Inc. that served as the fund’s placement agent.
For daily updates, subscribe to our newsletter by clicking here.Calcalist reported in September 2017 that the firm was raising a $50 million fund.