JVP Closes a New $220 Million Fund

Israeli venture capital firm Jerusalem Venture Partners (JVP) has announced on Wednesday the closing of its new fund at $220 million. Limited partners in the fund include government funds, global corporations and academic institutes from the U.S., Europe, and Asia.

JVP stated JVP VIII will invest in early to mid-stage companies in intersectional domains such as computer vision meets wellness, cybersecurity meets fintech and insurtech, artificial intelligence meets retail and media, and big data meets healthcare IT.

Jerusalem-headquartered JVP has raised over $1.4 billion since it was founded in 1993, across nine funds, investing in over 130 companies.